Oshkosh Defense Showcases National Guard Support at 134th NGAUS Conference & Exhibition
Oshkosh presents light vehicle solutions to support the National Guard
OSHKOSH, Wis. (Sept. 6, 2012) — Oshkosh Defense, a division of Oshkosh Corporation (NYSE:OSK), will feature advanced military-class vehicles and the latest Integrated Product Support technologies in support of the U.S. National Guard at the 134th NGAUS Conference & Exhibition, Sept. 9-12 at the Reno Convention Center in Reno, Nev. The vehicles and technologies showcased represent Oshkosh’s wide breadth of vehicle expertise and ongoing commitment to full life-cycle support.
Oshkosh provides the medium- and heavy-payload tactical wheeled vehicle platforms to the National Guard in 50 states and four U.S. territories.
“Oshkosh Defense is committed to ensuring the National Guard’s fleets support its unique dual-role functions for the long run,” said Mike Ivy, vice president and general manager of Army Programs for Oshkosh Defense. “This commitment includes improving the National Guard’s HMMWV fleet to deliver better performance and mobility for future missions, whether homeland security, training or deployments. With our technical expertise and kitting experience, Oshkosh Defense can deliver best-value upgrades that will keep the National Guard’s HMMWV fleet sustainable and relevant for the many years of service ahead.”
In addition to the vehicles on display, Oshkosh will feature its virtual training module for the Heavy Expanded Mobility Tactical Truck (HEMTT) M978 Tanker at the show. Incorporated into training courses earlier this year, the Oshkosh Virtual Trainer makes the overall vehicle training program safer and more cost-effective, providing life-like training in a safe, virtual environment. Oshkosh also provides hands-on, classroom and simulation training for operators and mechanics as part of its Integrated Product Support services for all Oshkosh tactical wheeled vehicles.
NGAUS conference attendees can also do their part to support Warfighters by signing the Signature Wall at the Oshkosh booth. For each signature, Oshkosh will donate $2 to the Tragedy Assistance Program for Survivors (TAPS), a national organization that provides compassionate, free-of-charge care for families of fallen military members, by signing a wall at Oshkosh’s booth. Continuing an effort that began at AUSA 2011, Oshkosh is collecting signatures until it reaches its goal of $100,000. Oshkosh has a long-standing history of supporting military members and families, both in the field and back home, through charitable giving and program support.
Oshkosh representatives will be on hand to discuss the vehicles and technologies at booth #1103.
About Oshkosh Defense
Oshkosh Defense, a division of Oshkosh Corporation, is an industry-leading global designer and manufacturer of tactical military trucks and armored wheeled vehicles, delivering a full product line of conventional and hybrid vehicles, advanced armor options, proprietary suspensions and vehicles with payloads that can exceed 70 tons. Oshkosh Defense provides a global service and supply network including full life-cycle support and remanufacturing, and its vehicles are recognized the world over for superior performance, reliability and protection. For more information, visit 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, 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; 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; increasing commodity and other raw material costs, particularly in a sustained economic recovery; the ability to increase prices to offset higher input costs; risks related to facilities consolidation and alignment, including costs and charges thereof 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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