Oshkosh Receives Preliminary M-ATV Contract, Advances to Final Military Testing Phase
OSHKOSH, Wis. — April 30, 2009 — Oshkosh Corporation (NYSE:OSK) announced today it was awarded an indefinite delivery/indefinite quantity (IDIQ) contract with the U.S. Army Tank-automotive and Armaments Command (TACOM) for the purchase of three additional production-ready Oshkosh® MRAP All Terrain Vehicles (M-ATV) for further military testing. The contract is the same one from which the government could now award Oshkosh full production of an anticipated 2,080 – 10,000 M-ATVs for production later this year.
The contract was awarded following the completion of successful military testing on two production-ready Oshkosh M-ATVs that were delivered to Aberdeen Proving Grounds on Feb. 23 and met the government’s initial design requirements.
“As confirmed by this announcement, the Oshkosh M-ATV is a very capable vehicle to take our troops wherever the mission requires,” said Robert G. Bohn, Oshkosh Corporation chairman and chief executive officer. “The military needs a vehicle that delivers superior crew protection and thrives in rugged off-road terrain, and our vehicle is designed for exactly that.”
The Oshkosh M-ATV takes advantage of the company’s TAK-4® independent suspension system, which is featured on more than 10,000 Medium Tactical Vehicle Replacement (MTVR) chassis for the U.S. Marine Corps. Oshkosh Corporation was also recently awarded a contract to add TAK-4 suspensions to more than 1,500 current MRAP vehicles. The Oshkosh TAK-4 independent suspension is the only off-road, battle-tested independent suspension system currently used by U.S. forces for this vehicle class. In addition to providing superior off-road mobility, TAK-4 provides better ride quality off-road than straight-axle vehicles.
Oshkosh Defense delivers the M-ATV with the survivability, mobility, mission-proven and production-ready solutions required for Afghanistan. The vehicle is based on the combat-proven Oshkosh MTVR chassis, which has been successfully operating for many years in the most difficult off-road missions in Iraq, Afghanistan and around the world. It also features a combat-tested armor system from Plasan North America for superior crew protection.
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®, Medtec®, Jerr-Dan®, BAI™, Oshkosh Specialty Vehicles, Frontline™, SMIT™, Geesink™, Norba™, Kiggen™, CON-E-CO®, London® and IMT®. The Oshkosh brands 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.
®, ™ All brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies.
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