-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, GWUEBGcHFXzpxKJYgMlQgjd7BFqp1n2uNLKnFV2I95qElkQjj+MmT4dWoMdPnBO4 J0TxQOmnryXspE7EcTpFqg== 0000094328-00-000008.txt : 20000420 0000094328-00-000008.hdr.sgml : 20000420 ACCESSION NUMBER: 0000094328-00-000008 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20000419 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20000419 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STEWART & STEVENSON SERVICES INC CENTRAL INDEX KEY: 0000094328 STANDARD INDUSTRIAL CLASSIFICATION: ENGINES & TURBINES [3510] IRS NUMBER: 741051605 STATE OF INCORPORATION: TX FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-11443 FILM NUMBER: 604879 BUSINESS ADDRESS: STREET 1: 2707 N LOOP W CITY: HOUSTON STATE: TX ZIP: 77008 BUSINESS PHONE: 7138687700 MAIL ADDRESS: STREET 1: P O BOX 1637 CITY: HOUSTON STATE: TX ZIP: 77251-1637 8-K 1 NATIONAL GUARD CONTRACT TO BUILD FIVE-TON TRACTORS SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): APRIL 19, 2000 STEWART & STEVENSON SERVICES, INC. (Exact name of registrant as specified in its charter) TEXAS 0-8493 74-1051605 (State or other (Commission File Number) (I.R.S. Employer jurisdiction Identification No.) of incorporation) 2707 NORTH LOOP WEST HOUSTON, TEXAS 77008 (Address of principal executive offices) (Zip code) Registrant's telephone number, including area code: (713) 868-7700 Item 5. Other Events. On April 19, 2000, Stewart & Stevenson Services, Inc. (the "Company") issued the press release attached hereto as Exhibit 99.1 announcing that the Company was awarded a contract to build five-ton tractors for the National Guard. Item 7. Exhibits. Exhibit 99.1 Company Press Release dated April 19, 2000, titled "Stewart & Stevenson Tactical Vehicle Systems Awarded Contract to Build Five-Ton Tractors for National Guard." SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. STEWART & STEVENSON SERVICES, INC. Date: April 19, 2000 By: /s/ LAWRENCE E. WILSON Name: Lawrence E. Wilson Title: Vice President, Secretary and General Counsel EXHIBIT INDEX 99.1 Company Press Release April 19, 2000, titled "Stewart & Stevenson Tactical Vehicle Systems Awarded Contract to Build Five-Ton Tractors for National Guard". - ------------------ Exhibit 99.1 EX-99.1 2 NATIONAL GUARD CONTRACT TO BUILD FIVE-TON TRACTORS Exhibit 99.1 News From: Stewart & Stevenson Corporate Headquarters P.O. Box 1637 Houston, TX 77251-1637 FOR IMMEDIATE RELEASE: STEWART & STEVENSON TACTICAL VEHICLE SYSTEMS AWARDED CONTRACT TO BUILD FIVE-TON TRACTORS FOR NATIONAL GUARD HOUSTON, Texas, April 19, 2000 - STEWART & STEVENSON SERVICES, INC. (NASDAQ:SSSS), a leading manufacturer, distributor, and provider of service for industrial and energy related equipment, and a manufacturer of medium tactical vehicles for the U.S. Army, announced that its Tactical Vehicle Systems Division in Sealy, Texas, has been awarded an $11.5 million modification of a production contract. The modification exercises an option for the delivery of 79 FMTV A1 (Family of Medium Tactical Vehicles) five-ton tractor trucks for use by the U.S. Army National Guard (ARNG). The vehicles will be delivered during the first and second quarter of 2001. The tractors, one of the variants of the FMTV produced by TVS, are used in conjunction with semi-trailers and are a major component in the Department of Defense contingency plans for the movement of key supplies and material. "The National Guard has significant shortages of the tractors," said Richard M. Wiater, Vice President and General Manager of Stewart & Stevenson's Tactical Vehicle Systems Division in Sealy. "The current vehicles in its fleet lack required capabilities and are old and costly to maintain." This award is a step in the process to modernize the National Guard's capabilities and improve unit readiness. Production of the FMTV A1 started in September 1999. Stewart & Stevenson will build approximately 7,800 FMTV A1s and some 1,500 companion trailers through the year 2003 under a $1.4 billion multi-year contract with the Army. The new, improved A1 model follows production of some 11,000 FMTV A0's built for the Army by TVS between 1993 and late 1998. The FMTV A1 has proven its ability to operate successfully for long periods during demanding U.S. government-run Production Verification Tests. During these tests, the A1 Models recorded more than 13,000 mean miles between hardware mission failure against a contract reliability requirement of 5,500 miles. The original FMTV A0, first fielded in 1996, demonstrated more than double the contract specified reliability requirements. This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Stewart & Stevenson believes that its expectations, as expressed in these statements, are based on reasonable assumptions regarding the risks and uncertainties inherent in achieving those expectations. These statements are not, however, guarantees of future performance and actual results may differ materially. The most important factors that may cause actual results to differ from our expectations are risk of cancellation, adjustment or termination of the FMTV procurement program; unilateral changes directed by the U. S. Army in the scope or timing of the program; and future government budgeting. Other risk factors are listed in Stewart & Stevenson Services, Inc. annual report to the Securities and Exchange Commission on Form 10-K for the year ended January 31, 1999, and Quarterly Report to the Securities and Exchange Commission on Form 10-Q for the three and nine months ended October 31, 1999. Contact: Mr. David R. Stewart Treasurer Phone: (713) 868-7657 Fax: (713) 863-1519 Email: d.stewart@ssss.com HTTP://www.ssss.com -----END PRIVACY-ENHANCED MESSAGE-----