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Polaris
Ranger Crew 800
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Medina, MN (10/19/2010) - Polaris
Defense, a division of Polaris
Industries Inc. (NYSE: PII), has been notified
by the National Guard
Bureau, Washington DC, that they have been
selected for a contract award to
provide Ultra-Light Utility Vehicles to the
Army National Guard.
"We are excited to have our Polaris
RANGER utility vehicles selected by the
National Guard to help with their homeland
security and disaster relief
missions" said Polaris Chief Executive
Officer, Scott Wine. "We are proud
that Polaris can provide a cost-effective
and highly capable, all-terrain
vehicle that can handle the critical missions
faced by the National Guard."
The 5-year contract includes the Polaris
RANGER CREW 800 and Polaris RANGER 6x6 800
Side-by-Side vehicles, as well as accessories
and training. The
competitively awarded contract has a ceiling
value of $67.0 million dollars
over the contract period. Polaris intends
to build the Ultra-Light Utility
Vehicles for this contract, at its Spirit
Lake, Iowa facility, which has
recently added over 270 full-time and seasonal
jobs to meet the increase in
consumer demand.
"Polaris Defense is dedicated to providing
quality vehicles that can
perform to the high standards of the U.S.
Military," said Mark McCormick,
managing director of Polaris Defense. "This
award underscores what our
Company can do in supplying great products,
accessories and support to an
outstanding customer like the National Guard."
About Polaris
With annual
2009 sales of $1.6 billion, Polaris designs,
engineers, manufactures and markets off-road
vehicles (ORVs), including all-terrain vehicles
(ATVs) and the Polaris RANGER(r), snowmobiles
and Victory Motorcycles(r) for recreational
and utility use. Polaris is a recognized leader
in the snowmobile industry, and one of the
largest manufacturers of ORVs in the world.
Victory Motorcycles, established in 1998 and
representing the first all-new American-made
motorcycle from a major company in nearly
60 years, are rapidly making impressive in-roads
into the cruiser and touring motorcycle marketplace.
Polaris also enhances the riding experience
with a complete line of Pure Polaris(r) apparel,
accessories and parts, available at Polaris
dealerships.
Polaris Industries Inc.
trades on the New York Stock Exchange under
the symbol "PII," and the Company
is included in the S&P Small-Cap 600 stock
price index.
Information about the
complete line of Polaris products, apparel
and vehicle accessories, is available from
authorized Polaris dealers or anytime from
the Polaris homepage at www.polarisindustries.com.
