Oshkosh Defense Receives $13 Million Delivery Order to Supply HEMTT A4s to Army Reserve — Press Release
Filed under: Companies, Events, Oshkosh Truck Corp, Press Releases
Oshkosh Defense Receives $13 Million Delivery Order to Supply HEMTT A4s to Army Reserve
OSHKOSH, Wis. — Feb. 22, 2010 — Oshkosh Defense, a division of Oshkosh Corporation (NYSE:OSK), has been awarded a delivery order valued at more than $13 million from the U.S. Army Tank-automotive and Armaments Command Life Cycle Management Command (TACOM LCMC) to supply more than 35 next-generation Heavy Expanded Mobility Tactical Trucks (HEMTT) to the Army Reserve. The variants included in the order include M984A4 wreckers and M1120A4 load handling systems (LHS). Production is expected to begin in September 2010 and be completed in June 2011. The order was issued under the Army’s Family of Heavy Tactical Vehicles (FHTV) III contract.
The Oshkosh® HEMTT’s 13-ton payload and off-road capabilities make this vehicle the backbone of the U.S. Army’s logistics fleet. HEMTT A4 improvements include: a more powerful drivetrain; improved suspension; a fully air-conditioned and armor-ready cab; and other structural changes to make in-the-field installation of add-on armor quicker and easier. The HEMTT A4 is built with maximum common parts across its variants.
Oshkosh has produced more than 70,000 military-class vehicles at its facilities, including more than 30,000 FHTVs. Oshkosh has the available capacity, highly skilled workforce and proven manufacturing capability to deliver this FHTV order and other vehicle orders for all Army and Defense programs, including the MRAP All Terrain Vehicle (M-ATV) and Family of Medium Tactical Vehicles (FMTV), as well as any surges in production.
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.
# # #
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 risks related to sustaining the required rate of production for the M-ATV contract and the amount, if any, of additional orders for M-ATVs that the Company may receive; the cyclical nature of the Company’s access equipment, commercial and fire & emergency markets, especially during a global recession and tight credit markets; the duration of the global recession, which could lead to additional impairment charges related to many of the Company’s intangible assets; the expected level and timing of U.S. Department of Defense procurement of products and services and funding thereof, risks related to reductions in government expenditures, the potential for the government to competitively bid the Company’s Army and Marine contracts and the uncertainty of government contracts generally; the consequences of financial leverage associated with the JLG acquisition, which could limit the Company’s ability to pursue various opportunities; risks related to the collectability of receivables during a recession, particularly for those businesses with exposure to construction markets; risks related to production delays as a result of the economy’s impact on the Company’s suppliers; the potential for commodity costs to rise sharply, including in a future economic recovery; risks associated with international operations and sales, including foreign currency fluctuations; and the potential for increased costs relating to compliance with changes in laws and regulations. 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.
Oshkosh Defense Awarded $5 Million FHTV Delivery Order — Press Release
Filed under: Business Line, Companies, Events, Oshkosh Truck Corp, Press Releases, logistics, production program
Oshkosh Defense Awarded $5 Million FHTV Delivery Order
OSHKOSH, Wis. — Feb. 11, 2010 — Oshkosh Defense, a division of Oshkosh Corporation (NYSE:OSK), has been awarded a delivery order valued at more than $5 million from the U.S. Army Tank-automotive and Armaments Command Life Cycle Management Command (TACOM LCMC) to produce more than 15 next-generation Heavy Expanded Mobility Tactical Trucks (HEMTT). The order was issued under the Army’s Family of Heavy Tactical Vehicles (FHTV) III contract.
The variants included in the order are M985A4 guided missile transporters (GMT), as well as M977A4 electrical power plant (EPP) and large repair parts transporter (LRPT) cargo trucks. Production is expected to begin in July 2010 and be completed in September 2010. The GMT variant is designed to deliver and load four guided missiles to the launcher using an integrated crane. The EPP cargo truck includes a chassis-mounted electrical power plant, and the LRPT cargo truck is used to store or transport heavy repair parts.
The Oshkosh® HEMTT’s 13-ton payload and off-road capabilities make this vehicle the backbone of the U.S. Army’s logistics fleet. HEMTT A4 improvements include: a more powerful drivetrain; improved suspension; a fully air-conditioned and armor-ready cab; and other structural changes to make in-the-field installation of add-on armor quicker and easier. The HEMTT A4 is built with maximum common parts across its variants.
Oshkosh has produced more than 70,000 military-class vehicles at its facilities, including more than 30,000 FHTVs. Oshkosh has the available capacity, highly skilled workforce and proven manufacturing capability to deliver this FHTV order and other vehicle orders for all Army and Defense programs, including the MRAP All Terrain Vehicle (M-ATV) and Family of Medium Tactical Vehicles (FMTV), as well as any surges in production.
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.
Oshkosh Defense Awarded $21 Million Delivery Order for Recapitalized HEMTT A4s — Press Release
Filed under: Business Line, Companies, Events, Oshkosh Truck Corp, Press Releases, logistics, production program
Oshkosh Defense Awarded $21 Million Delivery Order for Recapitalized HEMTT A4s
OSHKOSH, Wis. — Jan. 28, 2010 — Oshkosh Defense, a division of Oshkosh Corporation (NYSE:OSK), has been awarded a delivery order valued at more than $21 million from the U.S. Army Tank-automotive and Armaments Command Life Cycle Management Command (TACOM LCMC) to produce more than 60 recapitalized next-generation Heavy Expanded Mobility Tactical Trucks (HEMTT) A4. The order, which also includes the delivery of components and engines, is for the M984 HEMTT A4 wrecker variant. Production is expected to begin in January 2011 and be completed in April 2011. The order was issued under the Army’s Family of Heavy Tactical Vehicles (FHTV) III contract.
Through the Oshkosh Defense remanufacturing and recapitalization services, heavily used vehicles are returned to Oshkosh, stripped to their frame rails, completely rebuilt to like-new condition and upgraded to the new A4 configuration. Recapitalized vehicles are considered to have zero miles and zero hours, and offer a significant cost savings compared to new vehicles. These vehicles are put through the same road tests, performance tests and inspection procedures as new vehicles before being delivered with the same bumper-to-bumper warranty provided for new HEMTTs.
The Oshkosh® HEMTT’s 13-ton payload and off-road capabilities make this vehicle the backbone of the U.S. Army’s logistics fleet. HEMTT A4 improvements include: a more powerful drivetrain; improved suspension; a fully air-conditioned and armor-ready cab; and other structural changes to make in-the-field installation of add-on armor quicker and easier. The HEMTT A4 is built with maximum common parts across its variants.
Oshkosh has produced more than 70,000 military-class vehicles at its facilities, including more than 30,000 FHTVs. Oshkosh has the available capacity, highly skilled workforce and proven manufacturing capability to deliver this FHTV order and other vehicle orders for all Army and Defense programs, including the MRAP All Terrain Vehicle (M-ATV) and Family of Medium Tactical Vehicles (FMTV), as well as any surges in production.
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.
Oshkosh Defense Receives First HEMTT A4 LET Delivery Order — Press Release
Filed under: Business Line, Companies, Events, Oshkosh Truck Corp, Press Releases, production program
Oshkosh Defense Receives First HEMTT A4 LET Delivery Order
OSHKOSH, Wis. — Dec. 18, 2009 — Oshkosh Defense, a division of Oshkosh Corporation (NYSE:OSK), has been awarded a $56 million delivery order from the U.S. Army Tank-automotive and Armaments Command Life Cycle Management Command (TACOM LCMC) to supply the Army with the first Light Equipment Transporters (LET), a variant of the next-generation Heavy Expanded Mobility Tactical Truck (HEMTT A4).
The delivery order calls for Oshkosh Defense to produce more than 200 M983 HEMTT A4 LETs. Production and delivery is expected to be completed in September 2010. The award brings the U.S. Army’s total Family of Heavy Tactical Vehicles (FHTV) contract to more than $3.2 billion. The FHTVIII contract was first awarded at the end of October 2008.
“The Oshkosh HEMTT A4 LET expands the capabilities of the U.S. Army’s logistics fleet with the transportation of various light equipment in challenging environments and as part of the Stryker Recovery System,” said Andy Hove, Oshkosh Corporation executive vice president and president, Defense. “The vehicle complements the other high-performance, heavy-payload HEMTT variants to keep operations on the move.”
The Oshkosh® HEMTT 13-ton payload and off-road capabilities make this vehicle the backbone of the U.S. Army’s logistics fleet. Improvements to the HEMTT A4 include: a more powerful drivetrain; improved suspension; a fully air-conditioned and armor-ready cab; and other structural changes to make installation of add-on armor in the field quicker and easier. The HEMTT A4 is built with maximum common parts across its variants.
Oshkosh has produced more than 70,000 military-class vehicles at its facilities, including more than 30,000 FHTVs. Oshkosh has the available capacity, highly skilled workforce and proven manufacturing capability to deliver this FHTV order and other vehicle orders for all Army and Defense programs, including the MRAP All Terrain Vehicle (M-ATV) and Family of Medium Tactical Vehicles (FMTV), as well as any surges in production.
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.
Oshkosh Corporation Displays Fuel Efficient Military Vehicle at Hybrid Truck Users Forum — Press Release
Filed under: Business Line, Companies, Events, Oshkosh Truck Corp, Press Releases, Promotions, development program, logistics, production program
Oshkosh Corporation Displays Fuel Efficient Military Vehicle at Hybrid Truck Users Forum
OSHKOSH, Wis. — Oct. 26, 2009 — Oshkosh Corporation (NYSE:OSK) announced today its Heavy Expanded Mobility Tactical Truck (HEMTT) A3 equipped with ProPulse® diesel electric hybrid system is on display October 27 – 29 at CALSTART’s Hybrid Truck Users Forum (HTUF) in Atlanta. Attendees will be offered rides in the Oshkosh vehicle on Oct. 29 at Turner Field. The Oshkosh ProPulse vehicle provides a substantial fuel economy improvement for the application of a hybrid drivetrain in a military vehicle.
The HEMTT A3 is equipped with the Oshkosh proprietary ProPulse diesel electric hybrid system, a technology currently under various stages of development across several commercial and military Oshkosh vehicle platforms.
“We focused our efforts on optimizing the vehicle design and engine control strategy to maximize fuel economy, and those efforts have paid off significantly,” said Gary Schmiedel, Oshkosh Corporation vice president of Advanced Product Engineering. “We’re sharing the research results for the first time this week because the Hybrid Truck Users Forum brings together the best in industry technology with the U.S. Army. At Oshkosh Corporation, we take a similar approach towards excellence by applying leading technologies with a strong customer focus in an effort to better serve our military customers.”
Earlier this month, the Oshkosh HEMTT A3 outperformed a similar but conventional drive vehicle in multiple scenarios, including a range of steady speeds and aggressive acceleration starts and stops. The HEMTT A3 demonstrated a 24 percent improvement in fuel economy at 60 mph cruising speed and a 33 percent improvement in a start-and-stop-cycle.
In addition to the benefits of increased fuel economy, the Oshkosh HEMTT A3 provides a better crew environment because noise and vibration are reduced. Also, the simplified drivetrain and the resultant flexibility of equipment positioning, allow for increased vehicle capabilities and reduced maintenance requirements. The HEMTT A3 is equipped with a load handling system which can off-load a C-130 aircraft, has a variable height independent suspension and lower center of gravity for increased maneuverability and handling. The HEMTT A3 can export up to 100 kW of clean, military-grade electrical power making the A3 ideally suited to support initial deployment of troops, bring electrical power to remote areas, as well as support recovery missions in the event of a natural disaster.
“We are proud of the initiative and investments member companies like Oshkosh are making to develop new, efficient and clean technologies for heavy-duty and military trucks,” said Bill Van Amburg, senior vice president CALSTART. “Together we will help improve our national security by lessening our dependence on fossil fuels.”
The Oshkosh ProPulse technology can be integrated into any new vehicle design, like the HEMTT A3. Additionally upgrade kits are available for existing vehicles, such as the Oshkosh Medium Tactical Vehicle Replacement (MTVR) with OBVP to provide on-board vehicle power (OBVP). The technology also has been integrated on an Oshkosh commercial chassis in a refuse hauling application as part of the Advanced Heavy Hybrid Propulsion System Project sponsored by the Department of Energy and the National Renewable Energy Laboratory.
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.
Oshkosh Defense to Deliver 102 HEMTT A4s to the National Guard — Press Release
Filed under: Business Line, Companies, Contract Awards, Department of Defense, Events, Oshkosh Truck Corp, Services, U.S. Army, logistics, production program
Oshkosh Defense to Deliver 102 HEMTT A4s to the National Guard
OSHKOSH, Wis. — Oct. 21, 2009 — Oshkosh Defense, a division of Oshkosh Corporation (NYSE:OSK), has received a contract modification valued at $35 million from the U.S. Army Tank-automotive and Armaments Command Life Cycle Management Command (TACOM LCMC) for 102 next-generation Heavy Expanded Mobility Tactical Trucks (HEMTT A4). The trucks will be delivered by March 2010.
As part of the U.S. Army’s Family of Heavy Tactical Vehicles (FHTV) contract, two variants of the HEMTT A4s will be delivered to the National Guard. The 13-ton payload and off-road capabilities of the Oshkosh® HEMTT M985A4 cargo truck and M1120A4 load handling system enhance the capabilities of National Guard units for disaster relief at home or in-theater operations. The vehicle also features a more powerful drivetrain, improved suspension and a fully air-conditioned and armor-ready cab.
Oshkosh has produced more than 67,000 military-class vehicles at its facilities, including more than 30,000 FHTVs. Oshkosh has the available capacity, highly skilled workforce and proven manufacturing capability to deliver this FHTV order as well as vehicles for other Army and Defense programs, including the MRAP All Terrain Vehicle (M-ATV) and Family of Medium Tactical Vehicles (FMTV).
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.
Photo courtesy of Oshkosh Defense
# # #
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 consequences of financial leverage associated with the JLG acquisition, including the level of the Company’s borrowing costs, the increased interest rates the Company would face if it experienced a deterioration or downgrade in credit agency ratings and the Company’s ability to maintain compliance with its financial covenants under its credit agreement; the cyclical nature of the Company’s access equipment, commercial and fire & emergency markets, especially during a global recession and credit crisis; the duration of the global recession, which could lead to additional impairment charges related to many of the Company’s intangible assets; risks related to the required increase in the rate of production for the M-ATV and FMTV contracts, and the amount, if any, of additional orders for M-ATVs and/or FMTVs that the Company may receive; the outcome of the formal protests of the FMTV award to the Company: the expected level and timing of U.S. Department of Defense procurement of products and services and funding thereof; risks related to reductions in government expenditures and the uncertainty of government contracts; risks related to production delays as a result of the economy’s impact on the Company’s suppliers; the potential for commodity costs to rise sharply in a future economic recovery; risks associated with international operations and sales, including foreign currency fluctuations; risks related to the collectibility of receivables during a recession, particularly for those businesses with exposure to construction markets; and the potential for increased costs relating to compliance with changes in laws and regulations. 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 duty, to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
Oshkosh Defense Awarded $801 Million Delivery Order for New and Recapitalized HEMTTs, PLS Trailers –Press Release
Filed under: Business Line, Companies, Contract Awards, Events, Oshkosh Truck Corp, Press Releases, logistics, production program
Oshkosh Defense Awarded $801 Million Delivery Order for New and Recapitalized HEMTTs, PLS Trailers
OSHKOSH, Wis. — Sept. 29, 2009 — Oshkosh Corporation (NYSE:OSK), announced today that its Defense division has received a delivery order valued at $801 million from the U.S. Army Tank-automotive and Armaments Command Life Cycle Management Command (TACOM LCMC) for more than 2,450 new and recapitalized Heavy Expanded Mobility Tactical Trucks (HEMTT) and Palletized Load System Trailers (PLST). Work is expected to be completed by May 2011.
The delivery order calls for Oshkosh Defense to produce more than 1,190 new next-generation HEMTT A4s, more than 180 new HEMTT A2s and more than 80 PLSTs for the U.S. Army. Oshkosh also will deliver more than 1,020 recapitalized HEMTT A4s.
“As an industry-leading designer and manufacturer of tactical wheeled vehicles and the Army’s Family of Heavy Tactical Vehicles (FHTV), Oshkosh continues to deliver high-performance vehicles and respond to our customer’s needs in a timely manner,” said Robert G. Bohn, Oshkosh Corporation chairman and chief executive officer. “Our recapitalization services complement our robust manufacturing capabilities and ultimately provide like-new vehicles to our soldiers at a lower cost to the taxpayer.”
Oshkosh has produced more than 67,000 military-class vehicles at its facilities, including more than 30,000 FHTV vehicles. Oshkosh has the available capacity, highly skilled workforce and proven manufacturing capability to deliver this FHTV order as well as vehicles for other Army and Defense programs, including the MRAP All Terrain Vehicle (M-ATV) and Family of Medium Tactical Vehicles (FMTV).
The Oshkosh® HEMTT’s 13-ton payload and off-road capabilities make it the backbone for the U.S. Army’s logistics fleet. Since its introduction in 1985, the HEMTT has helped keep the Army on the move during major conflicts such as Operations Desert Storm and Iraqi Freedom. Improvements to create the HEMTT A4 include: a fully air-conditioned and armor-ready cab; more powerful drivetrain; improved suspension; and other structural changes to make installation of add-on armor in the field quicker and easier.
Built to load and unload a variety of cargo, the PLS is designed to meet the U.S. Army’s distribution and resupply needs in even the most challenging military missions. The PLS truck and trailer form a self-contained system that reduces the need for forklifts or other material-handling equipment. Additionally, they both carry a demountable cargo bed, also known as a flatrack that features a 16.5-ton payload capacity.
Through Oshkosh’s remanufacturing and recapitalization services, heavily used vehicles are returned to Oshkosh, stripped to their frame rails, completely rebuilt to like-new condition and upgraded to the new A4 configuration. Recapitalized vehicles are considered to have zero miles and zero hours, at a significantly reduced cost compared to new vehicles. These vehicles are put through the same road tests, performance tests and inspection procedures as new vehicles before being delivered with the same bumper-to-bumper warranty provided for new HEMTTs.
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.
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- Contracts for March 16, 2010
- Northrop Grumman Delivers 500th Directional Infrared Countermeasures System
- Lockheed Martin Awarded Task Order for Continued Production of Symphony IED Jammer Systems
- General Dynamics Advanced Information Systems Awarded $31 Million Navy F/A-18 Mission Computer Contract
- Lockheed’s JSF is Overdue, Over Budget – and Too Big to Fail
- Norad Flight Exercise Planned For Washington, D.C.
- Deputy Commanding General (Support) to Brief Live from Iraq
- Contracts for March 15, 2010
- Krauss-Maffei Wegmann (KMW) Pinpoint Protection for Afghanistan
- Marinette Marine Facility Expansion to Enhance Lockheed Martin’s Littoral Combat Ship Program
- FI Report: Near-Term Growth Expected in Medium/Heavy Military Rotorcraft Market
- General Dynamics Itronix Launches New GDAssure(TM) Program that Certifies Customer Computer Systems Prior to Installation
- Lockheed Martin Delivers Innovative Full-Motion Video Intelligence System to USJFCOM
- General Officer Announcement
- USAF General Officer Assignments
- USMC Flag Officer Announcement
- Christopher Gregoire Named Lockheed Martin Vice President and Controller
- DOD CONTRACTS for March 15, 2010
- Today in the Department of Defense, Tuesday, March 16, 2010
- Now Reports That EADS May Bid After All
- General Dynamics Awarded $9 Million Contract for U.S. Army Medical Command Lean Six Sigma Support
- Lockheed Martin Delivers 1,000th Vertical Launch ASROC Missile
- Raytheon’s Excalibur Ib Demonstrates Accuracy During First Guided-Flight Tests
- James Webb Space Telescope Core Completes Thermal Testing
- Sniper ATP Demonstrates Enhanced ISR Capability at Empire Challenge
- CNO Announces Flag Officer Assignments
- DOD CONTRACTS for March 12, 2010
- DOD News Briefing with Ashton Carter from the Pentagon
- Northrop Grumman Holds 3rd Annual International CEESIM Users’ Conference in the United Kingdom
- Lockheed Martin Awarded $23 Million for Production of JASSM-Extended Range Test Missiles
- Northrop Grumman Delivers Upgraded U.S. Navy Targets
- U.S. Army Receives First Lockheed Martin EQ-36 Counterfire Target Acquisition Radar System
- Manufacturing of Northrop Grumman’s First Low-Rate Initial Production E-2D Advanced Hawkeye Begins
- Raytheon and National Geospatial-Intelligence Agency Improve Flow of Commercial Imagery to Analysts and Warfighters
- Lockheed Martin Receives $60 Million Worldwide LANTIRN Depot Award
- General Dynamics Awarded Department of Homeland Security National Communications System Contract
- Northrop Grumman Plays Major Role in NASA’s Development of Alternate Astronaut Escape System
- Government of Canada Names General Dynamics Land Systems-Canada as Prime Contractor for LAV III Upgrade Program
- Northrop Grumman’s Second E-2D Advanced Hawkeye Enters Next Phase of Flight Testing
- Optex Systems Receives $3.4 Million Purchase Order from General Dynamics Land Systems
- Raytheon Completes Critical Milestone for Mobile X-band Radar System
- General Dynamics Awarded $22 Million by U.S. Navy for Repair Work on USS Hartford
- Military Base Realignments and Closures: DOD Needs to Update Savings Estimates and Continue to Address Challenges in Consolidating Supply-Related Functions at Depot Maintenance Locations. GAO-09-703, July 9
- House Armed Services Committee: schedule for the week of July 13 –17, 2009
- GAO Report: Overseas Contingency Operations: Reported Obligations for the Department of Defense. GAO-09-791R
- Raytheon’s AESA Radar for Boeing F-15E Receives New Designation
- Northrop Grumman Successfully Demonstrates Capabilities of LITENING Targeting System on U.S. Navy F/A-18E/F
- Raytheon’s GBU-53/B Small Diameter Bomb II Completes Risk Reduction
- Hawker Beechcraft, Lockheed Martin Team to Compete for U.S. Air Force Light Attack and Armed Reconnaissance Aircraft
- Lockheed Martin C-5M Super Galaxy Sets World Aviation Records
- Northrop Grumman Advanced Composite Mate Joint Passes Stringent Tests for NASA’s Composite Crew Module Demonstration Program
- Lockheed Martin Team Passes Critical Design Review for Solar Ultraviolet Imager for GOES-R Satellite Series
- UK Awards Javelin Joint Venture $176 Million for Javelin Missile Rounds
- Contracts for March 12, 2010
- Lawsuit Successfully Defends Contract Against Inroads of In-Sourcing
- Two Helicopter Programs Start Over
- EADS-NA Says Not Comfortable Priming KC-X Contract
- Spirit AeroSystems Named to Boeing Tanker Supplier Team — Press Release
- Contracts for March 11, 2010
- Northrop Grumman Names Paul Russell to Lead Space Navigation Business Area
- Northrop Grumman Awarded U.S. Army Europe Linguist Contract
- Aegis Weapon System Tested During International Multiple Ship Demonstration
- Raytheon, Motion Reality Ink Agreement For Virtual Applications
- Lockheed Martin Awarded Arizona Support Center Contract for M-TADS/PNVS
- Lockheed Martin and Aegisound Honored With Defense Department’s Nunn-Perry Award
- GeoEye Selects Lockheed Martin to Build Next-Generation Commercial Remote Sensing Satellite System
- STOVL Jet Prepares for Vertical Landing
- DOD CONTRACTS for March 11, 2010
- US Navy: Flag Officer Announcement
- US Army: General Officer Announcement
- Today in the Department of Defense, Friday, March 12, 2010
- US Navy Flag Officer Assignments
- Still Some Support For Northrop
- Contracts for March 10, 2010
- Raytheon Announces Executive Appointments
- House Armed Services Committee: Skelton Statement on Earmark Changes
- Today in the Department of Defense, Thursday, March 11, 2010
- Today in the Department of Defense, Wednesday, March 10, 2010
- Press Release — Statement on US Refueling Tanker Program Announcement
- DOD CONTRACTS for March 9, 2010
- US Navy Flag Officer Announcement
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