Minneapolis, Oct. 14, 2009 – Polaris Defense today announced an award for the purchase of Polaris RANGER 800 CREW Side-by-Sides by the National Guard Bureau, the federal organization that oversees equipment purchases for the National Guard. The $2.4 million purchase of the Side-by-Sides will support the critical role the Army National Guard has to conduct missions abroad and at home including disaster relief.
“The National Guard’s state-side mission to protect the homeland and respond to disasters fits Polaris vehicles extremely well,” said Mark McCormick, managing director of Polaris Defense. “Our all wheel drive, multi-passenger, off-road vehicles provide a cost-effective capability well-suited for the demands of the National Guard. This is a big win for Polaris and our defense business. As an American company, we are committed to providing quality vehicles to the U.S. Military and this contract is a great example of our commitment to that goal.”
Polaris defense won the contract in a full and open competition conducted by the National Guard Bureau. The 2010 RANGER 800 CREW features an exclusive adjustable Dual A-Arm front suspension in addition to its legendary smooth independent rear suspension. The new suspension allows for superior ground clearance for a vehicle of this type and a great ride when carrying heavier loads and using accessories for work applications. The RANGER CREW also offers anti-kickback steering, high payload and towing, ease of attaching accessories and capability to carry six people.
With annual 2008 sales of $1.9 billion, Polaris designs, engineers, manufactures and markets off-road vehicles (ORVs), including all-terrain vehicles (ATVs) and the Polaris RANGER™, snowmobiles and Victory motorcycles 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 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.