Oshkosh Defense Donates $100,000 to TAPS Following Year-Long Signature Drive and Announces 2013 Campaign
Tragedy Assistance Program for Survivors helps friends and families of fallen military members
OSHKOSH, Wis. (Oct. 23, 2012) — Oshkosh Defense, a division of Oshkosh Corporation (NYSE:OSK), presented the Tragedy Assistance Program for Survivors (TAPS) with a $100,000 contribution today at AUSA 2012. The contribution was raised through a signature campaign that began last year and gathered signatures at various nationwide events. Oshkosh pledged to donate $2 for each signature until reaching its goal of $100,000. Oshkosh also announced it would be continuing its support for TAPS with a follow-on signature campaign for 2013.
TAPS provides free-of-charge tragedy assistance to anyone who has suffered the loss of a military loved one. Founded in 1994, the program has assisted more than 35,000 surviving family members and friends through comprehensive services and programs, including case work assistance, emotional support, and grief and trauma resources.
“We are proud to be making this contribution to TAPS and starting a new signature campaign to help raise awareness for the commendable work this organization is doing,” said John Urias, executive vice president of Oshkosh Corporation and president of Oshkosh Defense. “Losing a friend or family member in service can take a devastating toll. TAPS offers important emotional and physical support to help get people through these extremely difficult periods.”
TAPS has held an annual National Military Survivor Seminar and Good Grief camp since 1994, with regional Survivor Seminars and Good Grief camps held at locations across the country. The organization also encourages connections to local communities through community-based care.
“Oshkosh Defense has been a supporter of military members and military families for years, and we are grateful for its support,” said TAPS founder and President Bonnie Carroll. “This contribution will support our efforts to provide the ‘help, hope and healing’ that our military families need and deserve after losing a loved one in uniform.”
Oshkosh kicked off its 2013 signature campaign in support of TAPS at the show, donating $2 for every name signed to the Signature Wall at its booth #1713 toward its goal of up to $100,000. Oshkosh is also adding a new twist to the campaign this year, donating $2 up to the $100,000 goal for each new “Like” on the Supporting Families of Our Fallen Heroes Facebook page. Facebook users’ information will not be shared, sold, traded or rented to any third party by Oshkosh and the company will exercise reasonable efforts to keep the information secure.
Oshkosh Defense has a long-standing history of supporting military members, both in the field and back at home, and their families through charitable giving and program support. The company has partnered with organizations such as USO, the Fisher House Foundation, Wounded Warrior Project, Our Military Kids and others. Oshkosh actively recruits and employs a high ratio of veterans who are advancing their civilian careers and employs more than 300 guard, reserve and retired military members.
About Oshkosh Defense
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®. The Oshkosh brands are valued worldwide in businesses where high quality, superior performance, rugged reliability and long-term value are paramount. For more information, visit www.oshkoshcorporation.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, visit www.oshkoshcorporation.com.
®, TM All brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies.
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 future global economic outlook; the expected level and timing of the U.S. Department of Defense (DoD) procurement of products and services and funding thereof; risks related to reductions in government expenditures in light of U.S. defense budget pressures and an uncertain DoD tactical wheeled vehicle strategy; risks that profit on the definitization of contracts with the DoD could differ from the Company’s estimates; increasing commodity and other raw material costs, particularly in a sustained economic recovery; the ability to increase prices to raise margins or offset higher input costs; risks related to the Company’s exit from its ambulance and European mobile medical businesses, including the amounts of related costs and charges; 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 Company’s ability to produce vehicles under the FMTV contract at targeted margins; 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; the potential for the U.S. government to competitively bid the Company’s Army and Marine Corps contracts; the consequences of financial leverage, which could limit the Company’s ability to pursue various opportunities; 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; risks related to actions of activist shareholders; and 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. 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.
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