Oshkosh Defense Supports Canadian Troops with $25,000 Donation to the True Patriot Love Foundation
OSHKOSH, Wis. (May 28, 2015) — Oshkosh Defense, LLC, a subsidiary of Oshkosh Corporation (NYSE: OSK), launched its annual campaign in support of the True Patriot Love Foundation at CANSEC 2015. To honor the sacrifices of members of the Canadian Armed Forces, veterans and their families, Oshkosh pledged $10 to True Patriot Love for each signature gained until reaching Oshkosh’s goal of $25,000.
Charlie Szews, Oshkosh Corporation chief executive officer, presented the check to Tracey Taylor, director of corporate sponsorships for the True Patriot Love Foundation, during a formal ceremony at the Oshkosh Defense indoor booth #1001 at CANSEC.
“Oshkosh Defense is grateful for the opportunity to provide continued support to the True Patriot Love Foundation and the positive impact the foundation has on Canadian military members and families,” said John Lazar, senior director of international programs for Oshkosh Defense. “Many of us personally know the sacrifices and challenges that military service brings. It is with great pride that we stand by organizations like True Patriot Love that directly support Canadian service members.”
The True Patriot Love Foundation provides the programs, research and solutions that ensure Canada’s men and women in uniform, along with their families, have access to the support and services they need. The organization offers funding to military-focused Canadian charitable organizations in three key categories: family health and support, physical health and rehabilitation, and mental health and well-being.
“The True Patriot Love Foundation would like to extend sincere thanks to Oshkosh Defense for their ongoing support, as well as their generous donation,” said Bronwen Evans, president of the True Patriot Love Foundation. “Contributions of this kind are crucial in ensuring that our men and women who defend our country are taken care of in the way they deserve. The programs that benefit from TPL funding provide our military men and women support in all aspects of their lives: relocating families closer to critical care, purchasing vehicles for seriously injured veterans, therapies for mental health and wellness, assistance with children with special needs, assistance with veteran transition – to name a few. We need to ensure that we address the numerous needs of today’s veterans and their families, and we are honored to accept such a generous donation from Oshkosh Defense to help us do so.”
Oshkosh Defense has a long-standing history of standing behind military members and their families, both in the field and when they return, through charitable giving and program support.
About the True Patriot Love Foundation
True Patriot Love is a national foundation that supports and honors members of the Canadian military and their families. It was founded by a group of citizens dedicated to building bridges between Canadian civilians and their military, in order to better understand and appreciate the sacrifices of soldiers and their families. In celebrating the patriotism of military families, the foundation also strives to inspire Canadians to serve their country, whether it’s in or out of uniform. For more information, visit http://truepatriotlove.com.
About Oshkosh Defense
Oshkosh Defense is a leading provider of tactical wheeled vehicles and life cycle sustainment services. For decades 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. Oshkosh Defense, LLC is an Oshkosh Corporation company [NYSE: OSK].
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 access equipment, commercial, fire & emergency, military and specialty 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 by rental companies, concrete placement and refuse businesses, fire & emergency departments, municipal and airport services and defense forces 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, which are particularly impacted by the strength of U.S. and European economies; the strength of the U.S. dollar and its impact on Company exports, translation of foreign sales and purchased materials; 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 and international defense contract awards; 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 expansion, consolidation and alignment, including the amounts of related costs and charges and that anticipated cost savings may not be achieved; 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; projected adoption rates of work at height machinery in emerging markets; 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 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 the Company, its suppliers or its customers; cyber security risks 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. 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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