NEWS

DSEI 2013 Unmanned Programme to Feature Oshkosh TerraMax Unmanned Ground Vehicle Technology

UGVs have the potential to reduce troops’ exposure to threats, seamlessly integrate into military operations

OSHKOSH, Wis. (Sept. 9, 2013) — Low-tech, life-threatening threats like improvised explosive devices (IED) have reshaped conflicts and spurred militaries to re-consider how they can protect their land forces. Oshkosh Defense, a division of Oshkosh Corporation (NYSE:OSK), will be showcasing the role unmanned ground vehicle (UGV) technology can play in protecting troops while also serving as a force multiplier at DSEI 2013 defence and security exhibition, Sept. 10-13 in London.

Oshkosh Defense will be showcasing its TerraMax™ UGV technology at the Company’s booth throughout DSEI and will present “TerraMax UGV: Enabling Advanced Autonomy for Tactical Wheeled Vehicles” at the DSEI Unmanned Theatre, which will feature the latest capabilities and innovations in the unmanned technologies domain.

“Our TerraMax UGV technology has demonstrated a high level of maturity following multiple evaluations with the U.S. military and thousands of miles of successful operation,” said John Urias, Oshkosh Corporation executive vice president and president of Oshkosh Defense. “This technology has the potential to reduce troops’ exposure to threats like IEDs when conducting logistics convoy, route clearance and other missions. Additionally, as militaries seek to improve efficiencies and cope with declining budgets, autonomous vehicles can help optimize the troops needed to carry out missions.”

About the TerraMax UGV Technology

The Oshkosh TerraMax UGV technology is engineered as a scalable appliqué kit that enables vehicles to carry out planned missions in a supervised autonomous mode or by “shadowing” a lead vehicle. The technology can be integrated on new-production vehicles, including those built by other manufacturers, or retrofitted on existing vehicle fleets.

The Oshkosh TerraMax UGV technology includes:

  • A field-ready kit solution
  • A robust, multi-modal sensor suite
  • Advanced machine-learning
  • Operation in GPS-denied environments

“The TerraMax technology is designed to ensure UGVs can be seamlessly integrated into military operations,” said John Beck, chief unmanned systems engineer for Oshkosh Defense. “Our kit design allows vehicles to retain their original payload and performance capabilities. Additionally, TerraMax-equipped vehicles can perform in the same weather conditions and operating environments as manned vehicles.”

The TerraMax UGV operator control unit (OCU) facilitates semi-autonomous commands and remote control or tele-operation. The OCU selectively displays overhead map data and multiple video feeds in a familiar picture-in-picture format. It also can serve as a force multiplier through one-to-many control, allowing a single operator to monitor and supervise coordinated operations of multiple TerraMax-equipped UGVs.

Oshkosh also is transitioning technologies from the TerraMax UGV system to provide active-safety features for the manned operation of vehicle fleets, including electronic stability control, forward collision warning, adaptive cruise control and electric power-assist steering.

Oshkosh Defense leadership will be available to discuss the TerraMax UGV technology as well as the company’s vehicles and training capabilities at DSEI at booth #N4-160 in the ExCeL London Exhibition and Convention Centre. The TerraMax UGV presentation will take place at 1 p.m. on Tuesday, Sept. 10, and 2:30 p.m. Thursday, Sept. 12, at the DSEI Unmanned Theatre, booth #N2-390.

About Oshkosh Defense

Oshkosh Defense is a leading provider of tactical wheeled vehicles and life cycle sustainment services.  For more than 90 years, Oshkosh has been mobilizing military and security forces around the globe by offering a full portfolio of heavy, medium, light and highly protected military vehicles to support our customers’ missions.  In addition, Oshkosh offers advanced technologies and vehicle components such as TAK-4® independent suspension systems, TerraMax™ unmanned ground vehicle solutions, Command Zone™ integrated control and diagnostics system, and ProPulse® diesel electric and on-board vehicle power solutions, to provide our customers with a technical edge as they fulfill their missions.  Every Oshkosh vehicle is backed by a team of defense industry experts and complete range of sustainment and training services to optimize fleet readiness and performance.

To learn more about Oshkosh Defense, please visit us at 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 Corporation manufactures, distributes and services products under the brands of Oshkosh®, JLG®, Pierce®,McNeilus®, Jerr-Dan®, Frontline™, 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.

®, TM 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 cyclical nature of the Company’s access equipment, commercial and fire & emergency markets, especially in the current environment where there are conflicting signs regarding the global economic outlook and the ability of the U.S. government to resolve budgetary and debt issues; the expected level and timing of the DoD procurement of products and services and funding thereof; risks related to reductions in government expenditures in light of U.S. defense budget pressures, sequestration and an uncertain DoD tactical wheeled vehicle strategy, including the Company’s ability to successfully manage the cost reductions required as a result of the significant projected decrease in sales levels in the defense segment; the Company’s ability to win a U.S. Joint Light Tactical Vehicle production contract award; the Company’s ability to increase prices to raise margins or offset higher input costs; increasing commodity and other raw material costs, particularly in a sustained economic recovery; risks related to facilities consolidation and alignment, including the amounts of related costs and charges and that anticipated cost savings may not be achieved; the duration of the ongoing global economic weakness, which could lead to additional impairment charges related to many of the Company’s intangible assets and/or a slower recovery in the Company’s cyclical businesses than Company or equity market expectations; risks related to the collectability of receivables, particularly for those businesses with exposure to construction markets; the cost of any warranty campaigns related to the Company’s products; risks related to production or shipment delays arising from quality or production issues; risks associated with international operations and sales, including foreign currency fluctuations and compliance with the Foreign Corrupt Practices Act; the Company’s ability to comply with complex laws and regulations applicable to U.S. government contractors; and risks related to the Company’s ability to successfully execute on its strategic road map and meet its long-term financial goals. 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.

NEWS CONTACTS

For further information
please contact:
Alexandra Hittle
Sr. Manager, Global Brand Management
Oshkosh Defense
920.966.5978

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