Oshkosh Defense Features Special Forces Capabilities for Poland at MSPO
M-ATV SFV delivers industry-leading protected mobility for Polish special operations missions
KIELCE, Poland (Sept. 2, 2013) — Oshkosh Defense, a division of Oshkosh Corporation (NYSE:OSK), is presenting its M-ATV Special Forces Vehicle (SFV), designed to protect troops and overcome rugged off-road terrain in demanding special operations missions, at the 21st International Defense Industry Exhibition MSPO, Sept. 2-5 in Kielce, Poland.
“As Poland prepares to lead NATO’s special operations in Europe, Oshkosh Defense has the right mix of special forces expertise and advanced vehicles to meet the most demanding mission requirements,” said Serge Buchakjian, Senior Vice President and General Manager for International Programs at Oshkosh Defense. “Our M-ATV SFV offers Polish Armed Forces a modern, protected and highly mobile vehicle that is already supporting special operations. Additionally, as a global manufacturer, we retain partnerships with local industries in select markets and can ensure value is delivered to local economies.”
The M-ATV SFV is part of the Oshkosh Defense MRAP All-Terrain Vehicle (M-ATV) family of vehicles, which also includes the base vehicle, Tactical Ambulance, Multi-Mission Vehicle (MMV) and 2.5 Cargo. Coalition forces are currently using the M-ATV in Afghanistan for protection against threats such as improvised explosive devices (IED) and to overcome the country’s rugged off-road terrain. The M-ATV uses the Oshkosh TAK-4® independent suspension system to support challenging tactical operations in rugged and mountainous off-road terrain. Battle-tested technology focused on crew safety meets Mine-Resistant Ambush Protected (MRAP) vehicle standards.
To date, Oshkosh Defense has delivered more than 9,500 life-saving M-ATVs to U.S. and global forces.
Oshkosh Defense developed the M-ATV SFV in close cooperation with U.S. Special Operations Command (SOCOM) to meet the U.S. Special Forces’ demanding operational requirements. Such collaboration is intrinsic to the approach Oshkosh takes to meeting each customer’s specific mission profile. Among the many changes made to the base M-ATV to meet special forces’ needs in the SFV variant are a modified cargo deck, intended to accept specialized equipment based on each mission’s requirements, and larger front windscreens for increased visibility.
In addition to the vehicle on display, Oshkosh Defense also will present at MSPO its Integrated Product Support (IPS) capabilities, a comprehensive vehicle-service portfolio designed to optimize fleet readiness and life-cycle costs. Oshkosh IPS offerings include training services, instruction manuals, maintenance and repairs, parts supply, and fleet restoration services.
Oshkosh Defense representatives will be at MSPO and available to discuss commitment to the region, and full range of vehicles, technologies and service offerings at booth #F21.
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®, Oshkosh Specialty Vehicles, 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 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 global economic outlook and the ability of the U.S. government to resolve budgetary and debt issues; 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; the ability to comply with laws and regulations applicable to U.S. government contractors; the 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 the Company’s exit from its ambulance business, 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 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; 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 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.
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