NEWS

Oshkosh Defense to Debut New P-19R ARFF at Modern Day Marine

U.S. Marine Corps’ new aircraft rescue and firefighting vehicle will provide more advanced on-road and off-road firefighting capabilities

OSHKOSH, Wis. (Sept. 23, 2013) — U.S. Marines are responsible for responding to fire and emergency situations on military bases and airfields around the world as part of their mission. Oshkosh Defense, a division of Oshkosh Corporation (NYSE:OSK), is meeting a critical equipment requirement with the new Oshkosh P-19 Replacement Aircraft Rescue and Fire Fighting (ARFF) vehicle, which will be showcased for the first time at Modern Day Marine in Quantico, Va., Sept. 25-27.

The U.S. Marine Corps awarded the P-19R contract to Oshkosh Defense in May. Oshkosh is completing internal testing and is on schedule to deliver three prototypes to the Marine Corps in the coming months for rigorous testing, which will take place next year.

“Firefighting and emergency missions on military bases and airfields are critical to the overall success of Marine Corps operations,” said John Bryant, senior vice president of Defense Programs for Oshkosh Defense. “We designed our P-19R ARFF vehicle to protect Marines in these dangerous situations, and we’re proud to showcase the P-19R’s capabilities for the first time at Modern Day Marine.”

The next-generation Oshkosh P-19R is based on the proven Oshkosh Logistics Vehicle System Replacement (LVSR) platform including the Oshkosh TAK-4® independent suspension system to deliver more advanced on-road and off-road firefighting capabilities to the Marine Corps. The vehicle’s Command Zone™ integrated diagnostics and automation system helps the crew carry out firefighting missions with increased situational awareness. Oshkosh Defense leveraged the expertise of the Oshkosh Airport Products Group, the industry-leading ARFF vehicle producer, to equip the Oshkosh P-19R with the advanced Striker® firefighting systems.

Oshkosh Defense has supported the Marines’ P-19 ARFF fleet for more than 30 years, and the P-19R will replace their current fleet of P-19 vehicles as the vehicles reach the end of their service lives.

Oshkosh Defense leadership will be available to discuss the P-19R, L-ATV, HMMWV Modernization, advanced technologies and full life cycle sustainment services at Modern Day Marine at booth #2404.

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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