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Oshkosh Completes EBFL Modernization Program Ahead of Schedule

OSHKOSH, Wis. (September 14, 2017) – Oshkosh Defense, LLC, an Oshkosh Corporation (NYSE: OSK) company, announced today the completed delivery of the U.S. Marine Corps modernized Extendable Boom Forklift (EBFL-M) fleet.

Oshkosh began delivering EBFL-M vehicles to the initial fielding locations in September 2016, and has now completed its modernization and delivery of 535 vehicles to both the U.S. Marine Corps and the U.S. Navy, several months faster than the program’s projected completion date of April 2018.

“Oshkosh Defense is extremely pleased with the outcome of this modernization program and remain confident that the modifications made to the EBFL will allow our Marines and sailors to carry out their logistical missions safely and efficiently,” said Pat Williams, vice president and general manager of Army and Marine Corps programs for Oshkosh Defense. “We are proud to be able to deliver well ahead of our original schedule, reinforcing our longstanding commitment to the needs of the warfighter.”

The updated EBFL-M vehicle is equipped with several new ‘plug-and-play’ features that increase loading efficiencies and operator safety during missions downrange. Modernization upgrades include forklift options to handle 7,000 and 11,000 lb. payloads with smaller attachments and a relocated hydraulic manifold to more efficiently load and unload aircraft including the CH-53K helicopter.

The newly designed two piece EBFL-M cab features an armored upper cab option for greater operator protection and an armored lower compartment that houses the vehicles’ systems. The removable upper cab can be easily replaced in the field with an armored cab without disconnecting any vehicle systems.

The EBFL-M program was awarded to Oshkosh in 2015 with a maximum $99 million firm-fixed-price, indefinite-delivery/indefinite-quantity contract.

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 oshkoshdefense.com.

About Oshkosh Corporation

Founded in 1917, Oshkosh Corporation is celebrating 100 years of business and making a difference in people’s lives in 2017. Oshkosh is a global leader in designing and manufacturing 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®. Since the Company’s humble beginnings, Oshkosh has grown in size and global footprint. Today, Oshkosh products can be found in more than 150 countries and are recognized around the world for quality, durability and innovation. Oshkosh Corporation is a different integrated global industrial committed to making a difference for customers, shareholders, our communities and the environment. 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.

Forward-Looking Statements

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.

 

 

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