Oshkosh Corporation Receives $640 Million Award to Supply 1,460 Additional M-ATVs — Press Release

February 23, 2010 by Matthew Potter · Comment
Filed under: Business Line, Companies, Events, Oshkosh Truck Corp, Press Releases, production program 

Oshkosh Corporation Receives $640 Million Award to Supply 1,460 Additional M-ATVs

OSHKOSH, Wis. — Feb. 23, 2010 — Oshkosh Corporation (NYSE:OSK) announced today it has received an additional $640 million award from the U.S. Army Tank-automotive and Armaments Command Life Cycle Management Command (TACOM LCMC) to deliver 1,460 MRAP All Terrain Vehicles (M-ATV). To date, Oshkosh has received awards valued at more than $4.74 billion for 8,079 M-ATVs, as well as spare parts kits and aftermarket in-theater support.

“Our Armed Forces have Oshkosh’s full assurance that these highly mobile, life protecting vehicles will continue to be a top priority because we understand the urgency of the situation,” said Robert G. Bohn, Oshkosh Corporation chairman and chief executive officer. “From day one, Oshkosh Corporation and our employees have been committed to meet or exceed the M-ATV delivery requirements, while simultaneously producing our other quality advanced tactical wheeled vehicles and meeting all other contractual obligations.”

The Oshkosh® M-ATV is the newest MRAP model, developed in response to an urgent need in Afghanistan. The vehicle is specifically designed to operate on the country’s harsh mountainous terrain and unimproved roads while providing protection levels equal to or better than those of legacy MRAPs. Able to overcome steep, rocky and rugged terrain, the vehicle uses the Oshkosh-patented TAK-4® independent suspension system for superior cross-country mobility, including a 70 percent off-road profile capability and 16 inches of independent wheel travel. Oshkosh has received orders to supply more than 2,400 TAK-4 systems for legacy MRAP upgrades for improved off-road mobility in Afghanistan.

The company has received orders to provide replacement parts and spare-parts kits concurrent with M-ATV production, as well as to provide field service representative (FSR) support in Afghanistan. With global operations that include service, repair and parts distribution, Oshkosh is able to support the M-ATV program’s full life-cycle sustainment as needed.

Existing Oshkosh facilities have the capacity, highly skilled workforce and proven manufacturing capability to deliver this M-ATV order and vehicles for all other Defense programs, including the U.S. Army’s Family of Medium Tactical Vehicles (FMTV), as well as the capability to meet 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.

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Oshkosh Defense Receives $84 Million Award for M-ATV Armor Kits — Press Release

February 8, 2010 by Matthew Potter · 1 Comment
Filed under: Business Line, Companies, Events, Oshkosh Truck Corp, Press Releases, logistics, production program 

Oshkosh Defense Receives $84 Million Award for M-ATV Armor Kits

OSHKOSH, Wis. — Feb. 8, 2010 — Oshkosh Corporation (NYSE:OSK) announced today that its Defense division received an award valued at more than $84 million from the U.S. Army Tank-automotive and Armaments Command Life Cycle Management Command (TACOM LCMC) to supply more than 625 add-on armor kits for the MRAP All Terrain Vehicle (M-ATV).

Under the delivery order, Oshkosh will provide explosively formed penetrator (EFP) protection kits for the M-ATV. Delivery of the kits is expected to begin in April 2010 and be completed by the end of August 2010. The Oshkosh-supplied kits will include EFP armor, base door armor and a door-assist mechanism. To date, Oshkosh has received awards valued at more than $4 billion to deliver 6,619 M-ATVs, as well as spare parts kits and aftermarket in-theater support.

The advanced armor system solution for the base Oshkosh M-ATV, prior to installation of EFP kits, has been battle-tested on more than 5,000 legacy MRAPs and thousands of Oshkosh® Medium Tactical Vehicle Replacement (MTVR) Armored Cabs already in theater. Incorporation of the Oshkosh-patented TAK-4® independent suspension system allows the M-ATV to accept add-on armor while maintaining its agile maneuverability and a full payload capacity of up to 4,000 pounds.

In addition to exceptional survivability, the M-ATV delivers superior off-road mobility for Afghanistan’s harsh mountainous terrain and unimproved roads. The TAK-4 system, which has undergone more than 500,000 miles of government testing, gives the vehicle a 70 percent off-road profile capability and 16 inches of independent wheel travel to overcome obstacles and rugged environments.

Existing Oshkosh facilities have the capacity, highly skilled workforce and proven manufacturing capability to deliver this M-ATV order and all other Defense program orders, including the U.S. Army’s 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.

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Oshkosh Defense Receives Four Awards Valued at $89 Million for M-ATV and FHTV Parts — Press Release

January 21, 2010 by Matthew Potter · Comment
Filed under: Business Line, Companies, Events, Oshkosh Truck Corp, Press Releases, logistics, production program 

Oshkosh Defense Receives Four Awards Valued at $89 Million for M-ATV and FHTV Parts

OSHKOSH, Wis. — Jan. 21, 2010 — Oshkosh Corporation (NYSE:OSK) announced today that its Defense division received four awards valued at more than $89 million from the Defense Logistics Agency (DLA) to supply parts for the MRAP All Terrain Vehicle (M-ATV), Heavy Equipment Transporter (HET) and Heavy Expanded Mobility Tactical Truck (HEMTT).

Under two delivery orders with the DLA, Oshkosh will supply M-ATV spare parts, including engines, transmissions, transfer cases and alternators. Work under the orders is expected to be completed by October 2010. Under two other delivery orders with the DLA, Oshkosh will supply 2,400 axle assemblies for the HEMTT A2 and A4 models and more than 430 engines for the HET. Work under these orders is expected to be completed by December 2010.

Oshkosh is providing the M-ATV’s spare parts to the DLA to be used as in-the-field replacements after the original vehicle parts have been consumed. These parts will ship without delay to maintain optimal readiness rates for existing vehicles in theater. To date, Oshkosh has received awards valued at more than $3.6 billion to deliver 6,619 M-ATVs, as well as spare kits and aftermarket in-theater support.

Existing Oshkosh facilities have the capacity, highly skilled workforce and proven manufacturing capability to deliver these spare parts and all other Defense program orders, including the Family of Medium Tactical Vehicles (FMTV), as well as any surges in production.

The M-ATV features the Oshkosh-patented TAK-4® independent suspension system to provide superior mobility on Afghanistan’s harsh off-road terrain and unimproved roads. Oshkosh teamed with Plasan North America to provide an advanced armor solution for the vehicle. Plasan also developed the armor system used on more than 5,000 legacy MRAPs and thousands of Oshkosh Medium Tactical Vehicle Replacement (MTVR) Armored Cabs already in theater.

A 13-ton payload and off-road capabilities make the Oshkosh® HEMTT 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 in-field installation of add-on armor quicker and easier. The HEMTT A4 is built with maximum common parts across its variants.

The Oshkosh HET is designed to rapidly transport battle tanks, fighting and recovery vehicles, armored vehicles and construction equipment, as well as their crews, so they arrive in mission-ready condition. The latest Oshkosh HET A1 configuration includes increased horsepower, higher-capacity front suspension, an armor-ready cab, electrical upgrades and improved diagnostics.

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.

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First Oshkosh LVSR Deployed to Afghanistan In Support of U.S. Marine Corps — Press Release

October 19, 2009 by Matthew Potter · 1 Comment
Filed under: Business Line, Companies, Events, Oshkosh Truck Corp, Press Releases, Services, U.S. Army, logistics, production program 

lvsr deployed First Oshkosh LVSR Deployed to Afghanistan In Support of U.S. Marine Corps

OSHKOSH, Wis. — Oct. 19, 2009 — Oshkosh Defense, a division of Oshkosh Corporation (NYSE:OSK), announced today that the first Logistics Vehicle System Replacement (LVSR) has been deployed with the U.S. Marine Corps in Afghanistan, with two additional vehicles set to be delivered later in October. All three vehicles being delivered are cargo variants. Oshkosh is also sending two Field Service Representatives (FSR) to Afghanistan this month to provide support services for LVSR users.

The heavy-payload LVSR, which arrived in Afghanistan in September, is a next-generation replacement for the LVS and features survivability, mobility and performance improvements. The vehicle uses the industry-leading Oshkosh® TAK-4® independent suspension system and mechanical rear-steer technology to provide superior mobility on demanding off-road terrain and unimproved roads. The LVSR also features factory-installed armor as part of its crew cab and is designed to accept an add-on armor kit for increased protection.

“The fielding of this vehicle in Afghanistan is a significant milestone for both the U.S. Marine Corps and Oshkosh Defense,” said Andy Hove, Oshkosh Corporation executive vice president and president, Defense. “The LVSR expands on the capabilities of the LVS, which has been an integral part of the Marine Corps fleet for nearly 25 years, to negotiate and overcome the most challenging environments, including those found in Afghanistan.”

The LVSR features an on-road payload capacity of 22.5 tons and an off-road payload capacity of 16.5 tons. The LVSR uses a single-source lubrication system for simplified maintenance and has a 600-horsepower C15 engine. The vehicle also uses Oshkosh’s Command Zone embedded diagnostics to monitor major vehicle systems, including the engine, transmission and brakes. Vehicle service and support is streamlined by the parts and maintenance commonality the LVSR shares with more than 10,000 fielded Oshkosh Medium Tactical Vehicle Replacements (MTVR).

Oshkosh won the competitively bid indefinite delivery/indefinite quantity contract for the LVSR in June 2006. The contract has a value of $740.2 million based on a production quantity of 1,592 vehicles.

Oshkosh’s fully trained FSRs go where the military goes and provide a full range of in-field support services, including training, maintenance support, and repair and supply services. They are stationed around the world, including in Iraq, Kuwait and Afghanistan, and also provide a direct link to Oshkosh and its parts network.

Oshkosh Defense is a 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®, 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

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AUSA Honors Oshkosh Corporation CEO With Prestigious John W. Dixon Award — Press Release

October 7, 2009 by Matthew Potter · 1 Comment
Filed under: Business Line, Companies, Events, Oshkosh Truck Corp, Press Releases, Promotions, Services, U.S. Army, production program 

AUSA Honors Oshkosh Corporation CEO With Prestigious John W. Dixon Award

OSHKOSH, Wis. — Oct. 7, 2009 — The Association for the United States Army (AUSA) today presented Oshkosh Corporation (NYSE:OSK) Chairman and Chief Executive Officer Robert G. Bohn with the distinguished John W. Dixon award at the AUSA 2009 Annual Meeting in Washington, D.C.

Bohn received the award for the company’s continuous contributions to the U.S. Armed Forces and defense industry. “We at Oshkosh are grateful for the opportunity to serve our Armed Forces and understand the great responsibility that comes with that service,” said Robert G. Bohn, Oshkosh Corporation chairman and chief executive officer. “We take great pride in what we do and are mindful every day, in every level of our operations, that the military depends on our products to meet its demanding and ever-evolving challenges. We are also proud to have won the FMTV contract and look forward to delivering more great trucks for our brave Warfighter.”

Most recently, Bohn has made the urgently needed MRAP All-Terrain Vehicle (M-ATV) the top priority for Oshkosh Corporation. The Oshkosh® M-ATVs already are being delivered to Afghanistan, only three months after the initial contract award on June 30, 2009. The Oshkosh vehicle provides a highly mobile, well-protected solution for America’s men and women operating in Afghanistan’s demanding off-road terrain and unimproved roads. Additionally, Oshkosh worked with industry and government officials to begin supplying and equipping its patented Oshkosh TAK-4® independent suspension system on more than 2,400 legacy MRAPs in Afghanistan this year.

Several tactical wheeled vehicle programs have thrived under Bohn’s leadership: the U.S. Army Family of Heavy Tactical Vehicles (FHTV) includes the Heavy Expanded Mobility Tactical Truck (HEMTT), Heavy Equipment Transporter (HET), Palletized Load System (PLS); and the U.S. Marine Corps heavy and medium fleets: Medium Tactical Vehicle Replacement (MTVR) and Logistics Vehicle System Replacement (LVSR).

In addition, in 2008 both the national and Wisconsin Employer Support of the Guard and Reserve committees have recognized Oshkosh for its long-standing programs in place to support its National Guard and Reserve employees who are called to active duty.

Oshkosh Corporation has been an AUSA sustaining member since 1979. The company and its employees support eight local AUSA chapters in five states. Oshkosh also contributes financially to military members and their families through the Armed Forces Foundation, U.S. Army and Marine Corps association’s scholarship programs, III Corps scholarship fund, Army Ten Miler and the United Service Organization.

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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First Oshkosh M-ATVs on the Ground in Afghanistan Protecting Warfighters — Press Release

October 6, 2009 by Matthew Potter · Comment
Filed under: Business Line, Companies, Events, Oshkosh Truck Corp, Press Releases, production program 

mrapatv afghFirst Oshkosh M-ATVs on the Ground in Afghanistan Protecting Warfighters

OSHKOSH, Wis. — Oct. 5, 2009 — Oshkosh Corporation (NYSE:OSK) announced today that the first MRAP All Terrain Vehicles (M-ATV) are on the ground and in theater in Afghanistan. The vehicle’s delivery comes just three months after Oshkosh was awarded the M-ATV contract.

Oshkosh designed the combat vehicle based on a battle-proven platform, incorporating superior survivability and suspension technology to provide the protection and mobility needed for missions in the mountainous terrain in Afghanistan. Having so far received awards valued at $2.3 billion for 4,296 M-ATVs, spare parts and support services, Oshkosh has delivered vehicles ahead of the government’s schedule every month and is on its way to ramping up production to 1,000 vehicles per month by this December.

“Protecting our Warfighters is the number one priority at Oshkosh, and the delivery of the M-ATVs earlier than initial estimates is a testament to our employees’ dedication to meeting our customer’s needs,” said Robert G. Bohn, Oshkosh Corporation chairman and chief executive officer. “The rapid rate at which we are producing these vehicles is the result of a companywide commitment to answer the urgent need of our men and women in Afghanistan.”

The Oshkosh® M-ATV is based on the Medium Tactical Vehicle Replacement (MTVR) platform and uses the advanced Oshkosh TAK-4® independent suspension system to give the vehicle a 70 percent off-road profile capability for exceptional operation on Afghanistan’s rugged cross-country terrain and unimproved roads. The TAK-4 system also is being retrofitted on more than 2,400 legacy MRAPs for improved mobility in Afghanistan and is featured on more than 10,000 MTVRs. 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 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.

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.

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.

Photo Courtesy of Oshkosh Defense.

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Oshkosh Defense Awarded $54 Million Delivery Order for M-ATV Armor Kits — Press Reelase

March 20, 2010 by Matthew Potter · Comment
Filed under: Business Line, Companies, Events, Oshkosh Truck Corp, Press Releases, logistics, production program 

Oshkosh Defense Awarded $54 Million Delivery Order for M-ATV Armor Kits


OSHKOSH, Wis. — Dec. 24, 2009 — Oshkosh Defense, a division of Oshkosh Corporation (NYSE:OSK), has received an order valued at more than $54 million from the U.S. Army Tank-automotive and Armaments Command Life Cycle Management Command (TACOM LCMC) to supply more than 970 add-on protection kits for the MRAP All-Terrain Vehicle (M-ATV).

Under the delivery order, Oshkosh will supply more than 170 explosively formed penetrator (EFP) kits through April 2010 and 800 rocket-propelled grenade (RPG) kits through May 2010. To date, Oshkosh has received awards valued at $3.52 billion to deliver 6,619 M-ATVs, as well as spare kits and aftermarket in-theater support.

“The M-ATV provides exceptional protection capabilities for our U.S. Armed Forces in Afghanistan, and these add-on armor kits will only further improve upon those capabilities,” said Andy Hove, Oshkosh Corporation executive vice president and president, Defense. “A flexible design and advanced independent suspension system allows the vehicle to take on additional payloads, including add-on armor upgrades.”

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 Medium Tactical Vehicle Replacement (MTVR) Armored Cabs already in theater.

The M-ATV uses the Oshkosh-patented TAK-4® independent suspension system to provide superior off-road mobility as well as support vehicle upgrades, such as heavier armor. The system, which has undergone more than 500,000 miles of government testing, provides 16 inches of independent wheel travel and helps the vehicle achieve a 70-percent off-road profile capability to negotiate harsh cross-country terrain and unimproved roads.

Existing Oshkosh facilities have the capacity, highly skilled workforce and proven manufacturing capability to deliver the M-ATV and vehicles for all other Army and Defense programs, including the 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.

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