U.S. Army AFFIRMS FMTV Contract AWARD to Oshkosh Corporation — Press Release

February 13, 2010 by Matthew Potter · 1 Comment
Filed under: Business Line, Companies, Events, Oshkosh Truck Corp, Press Releases, logistics, production program

U.S. Army AFFIRMS FMTV Contract AWARD to Oshkosh Corporation

OSHKOSH, Wis. — Feb. 12, 2010 — Oshkosh Corporation (NYSE:OSK) today announced the U.S. Army has affirmed the contract award to the Company, originally received on Aug. 26, 2009, to produce the Family of Medium Tactical Vehicles (FMTV).

The bids of all three competitors for the FMTV program were re-evaluated by the U.S. Army in response to recommendations made by the Government Accountability Office (GAO) following a review of competitors’ protests of the original contract award to the Company. The Army undertook an exhaustive review during this FMTV bidding process and applied fairness and rigor to its decision. Upon completion of a thorough, in-depth re-evaluation, the Army determined the contract would remain with Oshkosh. Additionally, the Army canceled the September 4, 2009, stop-work order it had issued pursuant to the GAO’s protest procedures. The Oshkosh contract allows the Army and U.S. taxpayers to begin realizing significant cost savings for the FMTV program.

“We are very pleased the Army affirmed its original decision that Oshkosh Corporation’s FMTV bid clearly represents the best overall value for the Army, the taxpayers and the Warfighter,” said Robert G. Bohn, Oshkosh Corporation chairman and chief executive officer. “Oshkosh Corporation, our employees and our suppliers stand ready to serve our customer, and we are delighted that the Army has yet again concluded that Oshkosh was the right choice. Our focus has always been on the Warfighter and making sure we deliver high-quality, high-performing vehicles on time.”

The FMTV rebuy program is a five-year, firm fixed-price requirements contract for the production of up to 23,000 vehicles and trailers, as well as support services and engineering. Oshkosh received the contract from the U.S. Army Tank-automotive and Armaments Command Life Cycle Management Command (TACOM LCMC) with an initial delivery order valued at $280.9 million for the production and delivery of 2,568 trucks and trailers.

The FMTV is a series of vehicles consisting of up to 23 variants and 17 different models, ranging from 2.5-ton to 5-ton payloads. Oshkosh already produces the Army’s Family of Heavy Tactical Vehicles (FHTV) and works with nearly every one of the FMTV current component suppliers across the country as integral partners in other military programs.

Oshkosh is the only current manufacturer of both medium and heavy tactical wheeled vehicles in the U.S. defense industry, having produced more than 70,000 military-class vehicles in its manufacturing facilities. Oshkosh’s manufacturing facilities have ample production capacity for all current and pending military vehicle programs, including the FMTV and the MRAP All Terrain Vehicle (M-ATV), as well as any surges in production. The company’s advanced and integrated assembly line facilities allow for the simultaneous production of several different vehicle models and variations. Oshkosh Corporation’s proven production capabilities were recently recognized by the National Center for Advanced Technologies (NCAT), which awarded Oshkosh with a 2009 Defense Manufacturing Excellence Award for its M-ATV launch team, which has exceeded delivery requirements for seven consecutive months.

Tags: army tank, government accountability office, lcmc, life cycle management, management command, medium tactical vehicles, protest procedures, requirements contract, tank automotive, u s army

Oshkosh Corporation and City of Oshkosh Working Together on Expansion — Press Release

November 19, 2009 by Matthew Potter · Comment
Filed under: Companies, Oshkosh Truck Corp, Press Releases

Oshkosh Corporation and City of Oshkosh Working Together on Expansion

OSHKOSH, Wis. — Nov. 19, 2009 — Oshkosh Corporation (NYSE:OSK) announced today that it is working with the city of Oshkosh on plans to expand the Company’s manufacturing facilities in Oshkosh, Wis. Oshkosh Corporation and the city of Oshkosh have been in good faith discussions since April 2009 on assistance from the city through the creation of a new tax increment financing (TIF) district. The TIF is pending approval by the Oshkosh Common Council and has the support of the city of Oshkosh and its partners, Chamco, Inc., the Oshkosh Chamber of Commerce, the Oshkosh Area Economic Development Corporation and Winnebago County.

Plans center on a new 150,000-square-foot electrocoat (E-coat) painting facility in support of production of the U.S. Army’s Family of Medium Tactical Vehicles (FMTV). The company plans to break ground on the new E-coat facility in December 2009, with start up beginning late summer 2010.

“We look forward to working with the city and the state as we move forward on this project, which was outlined in our original proposal to our customer. It is so important to have support from our community as we continue to build the products that protect the men and women in our military forces,” said Robert G. Bohn, Oshkosh Corporation chairman and chief executive officer. “This new, state-of-the-art E-coat facility will complement our industry-leading manufacturing capabilities, and has the potential to significantly increase our operations and further secure our place as a premier manufacturer in the community.”

Oshkosh was awarded the FMTV five-year requirements contract in August 2009 for the production of up to 23,000 vehicles and trailers, as well as support services and training. The first delivery order is for $280.9 million for the production and delivery of 2,568 trucks and trailers. The FMTV is a series of up to 23 variants and 17 different models, ranging from 2.5-ton to 5-ton payloads. Production for initial test vehicles is planned for mid-2010, followed by full production in 2011.

While the contract is currently on hold pending protests, Oshkosh believes the award should be upheld and is continuing plans to meet the customer’s needs. The facility is planned to be used for the painting, coating and finishing of FMTV vehicles and parts and could also be able to support Oshkosh’s other product lines for its customers.

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: area economic development, city of oshkosh, economic development corporation, medium tactical vehicles, oshkosh area, oshkosh chamber of commerce, requirements contract, tax increment financing, u s army, winnebago county

Telephonics Receives Multi-Year Contract for Follow-On Interim Contractor Support for AN/APS-147 Radar/IFF Systems

March 21, 2010 by Business Wire Defense: Contracts News · Comment
Filed under: Syndicated Industry News

FARMINGDALE, N.Y.--(BUSINESS WIRE)--Telephonics Corporation, a wholly owned subsidiary of Griffon Corporation (NYSE: GFF), announced today that its Radar Systems Division received a requirements contract from Lockheed Martin for support of the AN/APS-147 Multi-Mode Radar (MMR) and Identification Friend or Foe (IFF) Interrogator System installed on the U.S. Navy’s MH-60R Maritime Strike Helicopters. The Indefinite Delivery, Indefinite Quantity contract provides for repair of radar component