Oshkosh Defense Honors Veteran Service in 110th Harley-Davidson Anniversary Ride and Celebration Benefiting Fisher House
Military Day events included an Oshkosh M-ATV-led motorcycle ride
OSHKOSH, Wis. (Aug. 28, 2013) — Bike enthusiasts across Wisconsin came together today to honor the service of veterans at the 110th Harley-Davidson anniversary celebration. Oshkosh Defense, a division of Oshkosh Corporation (NYSE:OSK) and leading provider of tactical wheeled vehicles, sponsored the event’s Military Day benefiting the Fisher House of Wisconsin. The Fisher House is a non-profit organization that provides lodging and support for military families as their loved ones receive medical care. The Fisher House serves more than 12,000 military families each year.
The event was part of a series of rides in Milwaukee hosted by The House of Harley-Davidson celebrating the 110th anniversary of the founding of Harley-Davidson in 1903. Since the company celebrated its 100th anniversary, service men and women of the U.S. Armed Forces have made great sacrifices in Operation Enduring Freedom and Operation Iraqi Freedom.
“During these past 10 years, our hearts have become heavy as we’ve lost loved ones, and as our military families have carried the considerable burden of long deployments away from home, as well as life-long injuries upon return,” said John Urias, Oshkosh Corporation executive vice president and president of Oshkosh Defense. “I’d like to thank all of our veterans, active duty service men and women, as well as all of the military family members. We are grateful for your courage and indebted for your sacrifice. You are truly America’s heroes.”
Air Force Maj. Gen. (Ret.) John Borling, and Air National Guard Maj. Gen. Donald Dunbar, adjutant general of Wisconsin and chairman of the Fisher House of Wisconsin, also spoke during the day’s program.
Oshkosh’s sponsorship of the event included a military vehicle display featuring the Oshkosh MRAP All-Terrain Vehicle (M-ATV) and the Family of Medium Tactical Vehicle (FMTV). The M-ATV was fielded in Afghanistan in response to the urgent need to increase troop protection and mobility in the face of growing IED threats. The vehicles have been credited with saving thousands of lives. Since being awarded the FMTV contract in 2010, Oshkosh has delivered more than 21,000 FMTV trucks and trailers and was recently recognized for cost-saving achievements in the program with the 2013 Department of Defense Value Engineering Achievement Award.
Governor Scott Walker of Wisconsin and an Oshkosh M-ATV led the parade of over 1,000 riders. Participants in the event were also treated to a flyover by the Wisconsin Wing of the Commemorative Air Force, a Presentation of the Colors by a Joint Service Color Guard, and a live concert headlined by Casey James.
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.
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.
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