OSHKOSH, Wis. — July 20, 2009 — As a leading designer and manufacturer of tactical military vehicles, Oshkosh Defense, a division of Oshkosh Corporation (NYSE:OSK), brings a history of proven production and engineering capabilities to its bid for the U.S. Army’s Family of Medium Tactical Vehicles (FMTV) competitive rebuy – a five-year, multibillion dollar contract award for the production of an estimated 23,000 vehicles and trailers.
Having provided military vehicles since 1942 and performed continuous production of military vehicles since 1970, Oshkosh Defense’s robust manufacturing capabilities and production capacity will allow the company to meet or exceed the FMTV schedule requirements. Manufacturing operations have been coordinated to accommodate production of the recently awarded MRAP All Terrain Vehicle (M-ATV) contract as well as the FMTV, and the increase of resources due to the M-ATV contract will directly benefit the FMTV rebuy. Oshkosh Defense will be able to meet the needs of these and all other programs, in addition to any production surges that may be required.
“Decades of producing high-performance military vehicles for the U.S. Armed Forces have proven our ability to consistently deliver vehicles on time, in the quantities needed and at a competitive price,” said Andy Hove, Oshkosh Corporation executive vice president and president, Defense. “Existing supplier commonality and our experience in producing vehicles similar to every variant involved in the FMTV rebuy would allow us to seamlessly incorporate this program into our production lines, ensuring the transition would be low risk.”
A highly skilled in-house engineering team coupled with an experienced production workforce help Oshkosh continually improve vehicle quality levels through design innovations, assembly process improvements and lean manufacturing. Because of Oshkosh’s engineering prowess and tactical wheeled vehicle experience, it has had 14 different vehicle types tested and approved by the government.
The company was the first and only truck manufacturer to win the Department of Defense’s David Packard Acquisition Excellence Award for its work with the U.S. military on the Medium Tactical Vehicle Replacement (MTVR). Among other things, the military recognized Oshkosh for reducing vehicle life cycle costs, being efficient and responsive in the acquisition process, and integrating commercial technology into the MTVR.
Oshkosh Defense is the only current manufacturer of medium and heavy tactical wheeled vehicles in the U.S. defense industry, having produced more than 67,000 new vehicles in its manufacturing facilities. The company’s use of an advanced integrated assembly line has allowed for the simultaneous production of as many as 10 vehicle models with 29 variations.
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 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®, BAI™, Oshkosh Specialty Vehicles, Frontline™, SMIT™, CON-E-CO®, London® and IMT®. The Oshkosh brands 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.
