Oshkosh Corporation Awarded Contracts to Support M-ATVs in Afghanistan
OSHKOSH, Wis. — Oct. 27 2009 — Oshkosh Corporation (NYSE:OSK), announced today that through its Defense division, it has received two contracts valued at more than $28 million for spare parts and support of its MRAP All Terrain Vehicles (M-ATV) in Afghanistan. The contracts include a $16 million order from the U.S. Defense Logistics Agency (DLA) for spare parts and a $12 million order for aftermarket support from the U.S. Army Tank-automotive and Armaments Command Life Cycle Management Command (TACOM LCMC).
“Oshkosh Corporation’s broad range of offerings, including our parts supply network and fully trained field service team, will provide our Armed Forces with an unparalleled level of support,” said Robert G. Bohn, Oshkosh Corporation chairman and chief executive officer. “Our in theater M-ATV service and support will help ensure these highly mobile vehicles operate at full capability in very challenging conditions.”
Under the contract, Oshkosh Defense will provide M-ATV spare parts to the DLA to be used as in the field replacements after the parts delivered with the vehicles have been consumed. These parts will ship without delay as vehicles arrive to maintain optimal readiness rates.
Additionally, Oshkosh field service representatives (FSR) will support the M-ATV program in-theater through September 2010. Oshkosh Defense provides the complete spectrum of service and support to the M-ATV fleet in the Afghan theater. Building on its experience from Operation Iraqi Freedom, Oshkosh FSRs can operate service facilities on any of the forward operating bases that might require more support than internal assets can provide.
Oshkosh will complete production of the current M-ATV contract, valued at more than $2.7 billion, for 5,219 vehicles in March 2010. The company has delivered ahead of schedule each month since the contract award on June 30, 2009, and expects to ramp production up to 1,000 vehicles per month in December. The first Oshkosh M-ATVs were delivered to Afghanistan on Oct. 1, 2009, just three months after Oshkosh was awarded the M-ATV contract.
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 Armored Cab MTVRs already in theater.
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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