Oshkosh Defense Awarded Additional 923 M-ATVs Valued at $408.5 Million — Press Release

October 12, 2009 by Matthew Potter · Comment
Filed under: Business Line, Companies, Contract Additions, Contract Awards, Events, Oshkosh Truck Corp, Press Releases, Services, U.S. Army, logistics, production program

Oshkosh Defense Awarded Additional 923 M-ATVs Valued at $408.5 Million

OSHKOSH, Wis. — Oct. 12, 2009 — Oshkosh Corporation (NYSE:OSK) announced today it has received an additional $408.5 million award from the U.S. Army Tank-automotive and Armaments Command Life Cycle Management Command (TACOM LCMC) for 923 MRAP All Terrain Vehicles (M-ATV) to be delivered to the U.S. Armed Forces through March 2010.

This is the fourth award under the M-ATV delivery order first awarded in June 2009, and brings the total number of vehicles Oshkosh will supply to 5,219. The aggregate amount of the four awards is valued at $2.76 billion.

“Our customer is preparing to field the first Oshkosh M-ATVs for use by warfighters in the Afghanistan theater of operations,” said Robert G. Bohn, Oshkosh Corporation chairman and chief executive officer. “As these vehicles begin making their way onto the battlefield to ensure our men and women are well protected and their missions remain on the move in even the harshest environments, we will continue to make the vehicle’s high-quantity production our top priority and provide any additional program support as needed.”

Answering an urgent need request for soldiers and Marines serving in Afghanistan, Oshkosh continues to deliver vehicles ahead of the government’s accelerated schedule and met September’s delivery requirement on Sept. 22. The company will ramp production up to 1,000 vehicles per month in December and continue at that level through at least March 2010. Existing Oshkosh Defense manufacturing facilities have available production capacity for all current and pending military vehicle programs, including M-ATV and the U.S. Army’s Family of Medium Tactical Vehicles (FMTV), as well as any surges in production.

The Oshkosh® M-ATV’s superior mobility, which includes a 70 percent off-road profile capability, is achieved through the Oshkosh TAK-4® independent suspension system. The system is featured on more than 10,000 Medium Tactical Vehicle Replacements (MTVR) used by the U.S. Marine Corps and Navy Seabees, and is being retrofitted on more than 2,400 legacy MRAPs for improved mobility in Afghanistan. The TAK-4 system, which has undergone more than 400,000 miles of government testing, also is used on the Army’s next-generation Palletized Load System (PLS) and the Marine Corps’ Logistics Vehicle System Replacement (LVSR).

Oshkosh Defense teamed with Plasan North America to provide an advanced armor solution for the M-ATV. Plasan also developed the armor system used on more than 5,000 legacy MRAPs and thousands of Oshkosh MTVR Armored Cabs already in theater.

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 Corp. 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, log on to www.oshkoshcorporation.com.

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

Tags: army tank, delivery requirement, independent suspension system, lcmc, life cycle management, medium tactical vehicles, quantity production, road profile, tank automotive, u s army

Oshkosh Exceeds M-ATV Delivery Schedule for Third Consecutive Month — Press Release

October 1, 2009 by Matthew Potter · Comment
Filed under: Business Line, Companies, Department of Defense, Events, Oshkosh Truck Corp, Promotions, Services, U.S. Army, U.S. Marine Corps, logistics, production program

mrapatv two Oshkosh Exceeds M-ATV Delivery Schedule for Third Consecutive Month

OSHKOSH, Wis. — Oct. 1 2009 — Oshkosh Corporation (NYSE:OSK) announced today that for the third consecutive month, it has exceeded its contract delivery requirements for MRAP All Terrain Vehicles (M-ATV). The September M-ATV delivery requirement for 100 vehicles was met on September 22, more than one week earlier than required.

Oshkosh Corporation is responding to an urgent call from the U.S. Armed Services for the accelerated delivery of M-ATVs for operations in Afghanistan. Since receiving the first order on June 30, 2009, Oshkosh has delivered ahead of schedule each month, enabling the MRAP Joint Program Office to fly M-ATVs to Afghanistan earlier than initial estimates. Oshkosh’s manufacturing facilities have available production capacity for all current and potential military vehicle programs, including the U.S. Army’s Family of Medium Tactical Vehicles (FMTV), as well as any production surges.

“The M-ATV program was fast-moving from its inception, and we are answering the Warfighter’s need for this advanced vehicle by providing the government with a rapid delivery schedule,” said Charlie Szews, president and chief operating officer of Oshkosh Corporation. “Oshkosh’s robust manufacturing capabilities, proven experience and highly skilled workforce have helped set the company apart as a leading and reliable supplier of the M-ATV, as well as other medium- and heavy-payload tactical wheeled vehicles for the U.S. military.”

Oshkosh uses an advanced integrated assembly line and has simultaneously produced as many as 10 vehicle models with 29 variations. Design innovations, assembly process improvements and lean manufacturing fuel continuous quality improvement at the company’s facilities.

To date, the company has received orders valued at $2.3 billion for 4,296 M-ATVs, including initial spare parts and support services. The U.S. military flew the first M-ATVs to Afghanistan at the end of September.

The Oshkosh® M-ATV uses the advanced Oshkosh TAK-4® independent suspension system for superior mobility, including a 70 percent off-road profile capability and 16 inches of wheel travel. The TAK-4 system, which has undergone more than 400,000 miles of government testing, is featured on more than 10,000 Medium Tactical Vehicle Replacements (MTVR) used by the U.S. Marine Corps and Navy Seabees, and is being retrofitted on more than 2,400 legacy MRAPs for improved mobility in Afghanistan. The system is also used on the Army’s next-generation Palletized Load System (PLS) and the Marine Corps’ Logistics Vehicle System Replacement (LVSR).

Oshkosh Defense is the leading manufacturer of both medium and heavy tactical wheeled vehicles in the U.S. defense industry. More than 67,000 military-class vehicles have been produced in the company’s manufacturing facilities.

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 Corp. manufactures, distributes and services products under the brands of Oshkosh®, JLG®, Pierce®, McNeilus®, Medtec®, Jerr-Dan®, BAI™, 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, log on to www.oshkoshcorporation.com.

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

Photo Courtesy of Oshkosh Corporation

Tags: continuous quality improvement, contract delivery, delivery requirement, design innovations, initial estimates, medium tactical vehicles, process improvements, skilled workforce, u s army, vehicle models

Oshkosh Exceeds M-ATV Delivery Schedule for Third Consecutive Month

March 15, 2010 by Business Wire Defense: Contracts News · Comment
Filed under: Syndicated Industry News

OSHKOSH, Wis.--(BUSINESS WIRE)--Oshkosh Corporation (NYSE:OSK) announced today that for the third consecutive month, it has exceeded its contract delivery requirements for MRAP All Terrain Vehicles (M-ATV). The September M-ATV delivery requirement for 100 vehicles was met on September 22, more than one week earlier than required. Oshkosh Corporation is responding to an urgent call from the U.S. Armed Services for the accelerated delivery of M-ATVs for operations in Afghanistan. Since receiving t