Minneapolis, September 12, 2011 – Polaris Industries today announced the company received three separate awards exceeding $12 million dollars to supply MV700 ATVs, MVRS700 Side-by-Side vehicles and associated spare parts to the U.S. military and its allies.
“Polaris vehicles appeal to the military due to our ability to modify our commercial off-the-shelf vehicles with additional accessories for different military missions,” said Rich Haddad, general manager of Polaris Defense. “The features and superiority of our product make them highly sought-after for military applications.”
The MV700 ATV and MVRS700 Side-by-Side both feature a 700cc, Electronic Fuel Injected engine with an automatic transmission, true all-wheel drive and run flat tires to tackle any type of terrain. The MV700 also has front and rear winches, 600 lb rack capacity, 1,500 lb towing capacity, dual fuel tanks and is air droppable and sling capable. The MVRS700 Side-by-Side seats two soldiers and also features a nine-gallon fuel tan, rear bed with fold-down sides, D-rings and tie downs and a rugged, steel Exoskeleton. Information about Polaris’ military vehicles can be found at www.polarisdefense.com.
With annual 2010 sales of $1.99 billion, Polaris designs, engineers, manufactures and markets innovative, high quality off-road vehicles (ORVs), including all-terrain vehicles (ATVs) and the Polaris RANGER® for recreational and utility use, snowmobiles, motorcycles and on-road electric powered vehicles.
Polaris is a recognized leader in the powersports industry, among the global sales leaders for both snowmobiles and ORVs. The Company has established a presence in the heavyweight cruiser and touring motorcycle market with Victory motorcycles and the acquisition of the Indian motorcycle brand. Additionally, Polaris continues to invest in the Global on-road low speed vehicle industry with internally developed vehicles and the acquisition of Global Electric Motorcars (GEM). Polaris 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 Mid-Cap 400 stock price index.
Information about the complete line of Polaris products, apparel and vehicles accessories are available from authorized Polaris dealers or anytime at www.polarisindustries.com.