Oshkosh Defense Highlights Aftermarket Offerings at 2011 DLA Industry Conference — Press Release

by: Matthew Potter
June 28, 2011

Category: Business Line, Companies, Events, logistics, Oshkosh Truck Corp, Press Releases, production program | RSS 2.0

Oshkosh Defense Highlights Aftermarket Offerings at 2011 DLA Industry Conference

OSHKOSH, Wis. (June 27, 2011) — Oshkosh Defense, a division of Oshkosh Corporation (NYSE:OSK), will present its integrated technology, training and service aftermarket offerings at the 2011 Defense Logistics Agency (DLA) Conference and Exhibition taking place in Columbus, Ohio, June 27-30.

Aftermarket offerings from Oshkosh Defense cover the full spectrum of vehicle sustainment to include product training, technical support, field service operations, technical publications, parts and parts provisioning, remanufacturing and recapitalization services, and reliability and availability engineering.

“Because our vehicles and technologies are in use in some of the harshest conditions imaginable, we need to make sure they stay in top operating condition to best serve our men and women in uniform,” said Jeff Koga, Oshkosh Defense senior director of Integrated Product Support. “Our aftermarket services encompass full life-cycle support, both in the U.S. and in theater. Even as diagrams are scratched out on paper, plans for maintaining and offering training on those products are drawn up as well. Because of our expertise, we’ve even been contracted to support non-Oshkosh vehicles as well.”

Oshkosh Defense has implemented its full range of aftermarket solutions – from parts support to vehicle remanufacturing – globally. The company has recently reached significant milestones in vehicle-support activities:

More than 10,000 heavy and medium-payload vehicles have been restored to zero-hours, zero-miles condition for the U.S. Army, National Guard and Marine Corps. Through recapitalization, heavily used vehicles are stripped to their frame rails and rebuilt to like-new condition, equipping troops with the latest vehicle safety, survivability and mobility technologies at a reduced cost.

More than 2,000 U.S. Army vehicles have been refurbished under the Theater-Provided Equipment Refurbishment (TPER) program. This program eliminates the cost of shipping vehicles to the U.S. for repairs and returns the trucks to soldiers stationed in-theater more quickly.

More than 300 Oshkosh field service representatives (FSR) are currently stationed in-theater to keep vehicles on the move where they are needed most.

More than 10,000 warfighters have been trained on the M-ATV since Oshkosh received the M-ATV contract in June 2009.

The Oshkosh Defense electronic data interchange (EDI) has been processing orders since 2002 to improve supply support with reduced lead times. Oshkosh Defense has been in a strategic supplier alliance with DLA since 2003.

Oshkosh Defense management will be on hand at the DLA Conference and Exhibition to discuss these offerings and more at booth #213. The event is being held at the Greater Columbus Convention Center.

About Oshkosh Defense

Oshkosh Defense, a division of Oshkosh Corporation, is an industry-leading global designer and manufacturer of tactical military trucks and armored wheeled vehicles, delivering a full product line of conventional and hybrid vehicles, advanced armor options, proprietary suspensions and vehicles with payloads that can exceed 70 tons. Oshkosh Defense provides a global service and supply network including full life-cycle support and remanufacturing, and its vehicles are recognized the world over for superior performance, reliability and protection. For more information, visit www.oshkoshdefense.com.

About Oshkosh Corporation

Oshkosh Corporation is a leading designer, manufacturer and marketer of a broad range of specialty access equipment, commercial, fire & emergency and military vehicles and vehicle bodies. Oshkosh Corporation manufactures, distributes and services products under the brands of Oshkosh®, JLG®, Pierce®, McNeilus®, Medtec®, Jerr-Dan®, Oshkosh Specialty Vehicles, Frontline™, SMIT™, CON-E-CO®, London® and IMT®. Oshkosh products are valued worldwide in businesses where high quality, superior performance, rugged reliability and long-term value are paramount. For more information, visit www.oshkoshcorporation.com.

®, ™ All brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies.

Forward-Looking Statements

This press release contains statements that the Company believes to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact, including, without limitation, statements regarding the Company’s future financial position, business strategy, targets, projected sales, costs, earnings, capital expenditures, debt levels and cash flows, and plans and objectives of management for future operations, are forward-looking statements. When used in this press release, words such as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” “should,” “project” or “plan” or the negative thereof or variations thereon or similar terminology are generally intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions and other factors, some of which are beyond the Company’s control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include the impact on revenues and margins of the decrease in M-ATV production rates; the cyclical nature of the Company’s access equipment, commercial and fire & emergency markets, especially during periods of global economic weakness, tight credit markets and lower municipal spending; the Company’s ability to produce vehicles under the FMTV contract at targeted margins and at required volumes to receive and sustain performance-based payments; the duration of the ongoing global economic weakness, which could lead to additional impairment charges related to many of the Company’s intangible assets and/or a slower recovery in the Company’s cyclical businesses than equity market expectations; the expected level and timing of U.S. Department of Defense (DoD) procurement of products and services and funding thereof; risks related to reductions in government expenditures in light of U.S. defense budget pressures and an uncertain DoD tactical wheeled vehicle strategy; the potential for the U.S. government to competitively bid the Company’s Army and Marine Corps contracts; the consequences of financial leverage, which could limit the Company’s ability to pursue various opportunities; increasing commodity and other raw material costs, particularly in a sustained economic recovery; the ability to pass on to customers price increases to offset higher input costs; risks related to costs and charges as a result of facilities consolidation and alignment, including that anticipated cost savings may not be achieved; risks related to the collectability of receivables, particularly for those businesses with exposure to construction markets; the cost of any warranty campaigns related to the Company’s products; risks related to production delays arising from supplier quality or production issues, especially in light of the significant recent earthquake and subsequent tsunami in Japan; risks associated with international operations and sales, including foreign currency fluctuations and compliance with the Foreign Corrupt Practices Act; risks related to work stoppages and other labor matters, especially in light of the pending contract expiration for union employees at the Company’s Oshkosh defense facilities; the potential for disruptions or cost overruns in the Company’s global enterprise system implementation; the potential for increased costs relating to compliance with changes in laws and regulations; and risks related to disruptions in the Company’s distribution networks. Additional information concerning these and other factors is contained in the Company’s filings with the Securities and Exchange Commission. All forward-looking statements speak only as of the date of this press release. The Company assumes no obligation, and disclaims any obligation, to update information contained in this press release. Investors should be aware that the Company may not update such information until the Company’s next quarterly earnings conference call, if at all.

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