NEWS

Oshkosh Defense Equips M-ATV for Unmanned Route-Clearance Missions

TerraMax UGV technology increases troop safety and efficiency for route-clearance missions

OSHKOSH, Wis. (May 13, 2014) — Oshkosh Defense, a division of Oshkosh Corporation (NYSE: OSK), has integrated its TerraMax® unmanned ground vehicle (UGV) technology onto an Oshkosh MRAP All-Terrain Vehicle (M-ATV) to demonstrate capabilities for route-clearance missions. TerraMax UGV technology has the potential to reduce troops’ exposure to threats, such as improvised explosive devices (IED) in route-clearance missions, as well as optimize the number of troops needed for such operations.

Oshkosh is attending the Association for Unmanned Vehicle Systems International (AUVSI) Unmanned Systems 2014 in Orlando, Fla. beginning today through May 15, to demonstrate how TerraMax UGV technology can benefit route clearance and other missions.

“The clearance of threats like IEDs, mines and unexploded munitions pose challenges that global military forces have faced since World War II, and are expected to continue long after Afghanistan operations have concluded,” said John Urias, Oshkosh Corporation executive vice president and president of Oshkosh Defense. “Our TerraMax UGV technology can bring autonomous capabilities to existing manned vehicle platforms, like the M-ATV, to remove troops from targeted routes and provide greater standoff distance from explosive threats. It also has force-multiplication benefits with one operator controlling several vehicles, so logistics operations can be successfully completed with fewer troops.”

Equipped on the Oshkosh M-ATV, as well as other heavy and medium tactical wheeled vehicles, TerraMax UGV technology enables one or multiple vehicles in a route clearance convoy to operate autonomously, resulting in fewer troops exposed to threats.

The TerraMax UGV system can be enhanced to intelligently incorporate counter-IED (C-IED) payloads such as ground-penetrating radar and mine rollers. The TerraMax operator control unit (OCU) also can provide over-the-horizon situational awareness to accompanying manned vehicles. The system is highly interoperable, using a widely adopted, non-proprietary open architecture messaging standard that enables modularity and easy integration of new subsystems.

Oshkosh is conducting this work independently and in parallel to efforts within the U.S. Marine Corps and Army to identify opportunities for using UGVs for route-reconnaissance and route-clearance missions. The effort expands on Oshkosh’s efforts with the U.S. Office of Naval Research Cargo UGV project, which seeks to bring UGV capabilities to logistics convoy missions to help reduce troops’ exposure to threats.

TerraMax UGV Technology

Oshkosh TerraMax UGV technology is designed as a modular appliqué kit that can be tightly integrated into modern production vehicles or retrofitted onto legacy platforms. Vehicles equipped with the TerraMax UGV technology can seamlessly collaborate with manned vehicles to carry out missions at full operational tempo. TerraMax UGVs function autonomously across varying terrains and in all weather conditions, day or night—and original vehicle payload and performance are retained.

Developed to support rapid deployment, troops can be trained to oversee TerraMax-equipped vehicles in only a few days to take advantage of an unsurpassed standoff and advance situational awareness capability. The user-friendly operator interface meets the unique demands of troops in the field, enabling warfighters to focus on mission success without undue distraction, and empowering a single operator to supervise multiple autonomous vehicles. Oshkosh is teamed with the National Robotics Engineering Center (NREC) of Carnegie Mellon University for perception system and autonomy software development.

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 representatives will be available to discuss Oshkosh TerraMax UGV technology and the company’s broad portfolio of vehicles, technologies and services at AUVSI booth #1022.

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, please visit 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, which are particularly impacted by the pace of U.S. and European economic recoveries; the strength of emerging market growth and projected adoption rate of work at height machinery; the expected level and timing of DoD and international defense customer 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 lower customer orders 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 uncertainty, 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; the impact of severe weather or natural disasters that may affect either the Company, the Company’s suppliers or its customers; the impact of cyber security risk and costs of defending against, mitigating and responding to a data security breach; 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, including the Form 8-K. 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.

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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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