NEWS

OSHKOSH DEFENSE BRINGS THE JLTV TO EUROSATORY 2018

The Oshkosh JLTV exhibited superior off-road mobility and maneuverability during demonstrations in the United Kingdom.

The JLTV will provide U.S. and allied forces around the globe with a next generation, lightweight, all-terrain vehicle that is, protected, mobile and proven.

OSHKOSH, Wis. (June 11, 2018) — Oshkosh Defense, LLC, an Oshkosh Corporation (NYSE: OSK) company will exhibit the Joint Light Tactical Vehicle (JLTV) at Eurosatory in Paris, France June 11-15, 2018. The JLTV is the next-generation light tactical wheeled vehicle that delivers unmatched protection, speed and off-road mobility never before seen on today’s battlefield.

In July 2017, the Pentagon’s Defense Security Cooperation Agency, which manages Foreign Military Sales (FMS), announced that the State Department approved the sale of Oshkosh-designed and manufactured JLTVs through the FMS process to satisfy the United Kingdom’s Group 1 requirement for the Multi Role Vehicle Protected (MRV-P) Program. This is the first FMS case to be initiated since Oshkosh was awarded the U.S. contract in August of 2015 to replace up to 16,901 U.S. Army and U.S. Marine Corps in-service uparmored High Mobility Multipurpose Wheeled Vehicles (HMMWVs).

“The robust protection and mobility of the JLTV clearly make it a great candidate for global light TWV requirements,” said Mike Ivy, Sr. Vice President of International Programs and Global Product Support at Oshkosh Defense. “We can tailor the vehicle to meet specific customer requirements to optimize performance in virtually any operating environment. Earlier this year, we had the opportunity to demonstrate the JLTV in the United Kingdom for the British Ministry of Defence as well as many of our allies in the region. The feedback received from our customers was incredibly positive. We look forward to continuing to work with them to bring this revolutionary vehicle to forces around the world.”

The JLTV will provide U.S. and allied forces around the globe with a next generation, lightweight, all-terrain vehicle that is protected, mobile, and proven.

  • Protected: The JLTV base vehicle (right off the production line) provides small arms and ballistics protection. With an add-on B kit, the JLTV achieves levels of protection equivalent to the base M-ATV.
  • Mobile: The JLTV combines the latest in suspension technologies, using the Oshkosh TAK-4i™ intelligent independent suspension system to deliver off-road speeds that are 70% faster than today’s gold standard, the M-ATV.
  • Proven: Working closely with our government customer, we have completed Reliability Qualification Testing, accumulating over 100,000 miles, exceeding requirements.

The JLTV program office expects the first Army unit equipped by mid-FY19 and both the Army and Marine Corps to achieve Initial Operating Capability (IOC) in early FY20. To date, Oshkosh has manufactured over 2,000 JLTVs and has delivered over 1,600 to the U.S. customer.

Oshkosh Defense leadership will be available to discuss the Oshkosh JLTV, and the company’s portfolio of leading tactical wheeled vehicles, technologies and integration capabilities at Eurosatory booth #D629.

About Oshkosh Defense

Oshkosh Defense is a leading provider of tactical wheeled vehicles and life cycle sustainment services. For decades 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. Oshkosh Defense, LLC is an Oshkosh Corporation company [NYSE: OSK].

To learn more about Oshkosh Defense, please visit us at www.oshkoshdefense.com.

About Oshkosh Corporation

Founded in 1917, Oshkosh Corporation is more than 100 years strong and continues to make a difference in people’s lives. Oshkosh brings together a unique set of integrated capabilities and diverse end markets that, when combined with the Company’s MOVE strategy and positive long-term outlook, illustrate why Oshkosh is a different integrated global industrial. The Company is a leader in designing, manufacturing and servicing a broad range of access equipment, commercial, fire & emergency, military and specialty vehicles and vehicle bodies under the brands of Oshkosh®, JLG®, Pierce®, McNeilus®, Jerr-Dan®, Frontline™, CON-E-CO®, London® and IMT®.

Today, Oshkosh Corporation is a Fortune 500 Company with manufacturing operations on four continents. Its products are recognized around the world for quality, durability and innovation and can be found in more than 150 countries around the globe. As a different integrated global industrial, Oshkosh is committed to making a difference for team members, customers, shareholders, communities and the environment. For more information, please visit www.oshkoshcorporation.com.

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.

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NEWS CONTACTS

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

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