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Oshkosh Defense Awarded Over $19 Million from US Marine Corps for Additional 31 P-19R ARFF Vehicles

OSHKOSH, Wis. (November 2, 2017) – Oshkosh Defense, LLC, an Oshkosh Corporation (NYSE: OSK) company, announced today that the U.S. Marine Corps has awarded a delivery order valued at more than $19 million for an additional 31 P-19R Aircraft Rescue and Firefighting (ARFF) vehicles.

Oshkosh began delivering the first P-19Rs in June of 2017 and in total, Oshkosh has received orders for 160 P-19R vehicles for deliveries through 2019.

“The Marine Corps has been using the legacy Oshkosh-manufactured P-19A ARFF vehicle for over 30 years,” said Pat Williams, Vice President and General Manager of Army and Marine Corps Programs at Oshkosh Defense. “While the P-19A has proven reliable and effective across those three decades of service, the Marine Corps is now in need of a vehicle replacement with advanced firefighting capabilities and improved off-road mobility. Oshkosh Defense is delivering this capability in the P-19R ARFF vehicle, utilizing our extensive product and engineering expertise from across our Oshkosh Corporation segments.”

The P-19R vehicle design is based on the combat-proven Oshkosh Logistics Vehicle System Replacement (LVSR) platform and the technologically advanced Striker firefighting systems from Oshkosh Airport Products. The P-19R provides unparalleled off-road mobility, advanced firefighting capabilities and the latest in military-class vehicle technologies.

Advanced Off-Road Mobility

The P-19R delivers improved off-road mobility with the inclusion of the Oshkosh TAK-4® independent suspension system, giving Marines exceptional all-terrain performance for off-runway response situations.

The TAK-4 system has been proven on more than 20,000 military-class vehicles, including Marine Corps vehicles such as the Oshkosh LVSR, the Medium Tactical Vehicle Replacement (MTVR) and the MRAP All-Terrain Vehicle (M-ATV). The commonality of the TAK-4 system and other components across Oshkosh’s Marine Corps platforms results in lower life-cycle costs, a reduced logistics footprint and simplified maintenance.

Improved Firefighting Capability

The P-19R meets the requirements of the contract version of the National Fire Protection Association (NFPA) 414 standard, which sets the design, performance, and acceptance criteria for ARFF vehicles. In addition, the integrated surrogate foam system reduces foam consumption, which in turn reduces both the environmental impact and the operating costs of foam system maintenance and routine validation. Further, the P-19R’s next-generation water turrets, with infinitely variable electronic speed control, improve the firefighters’ ability to accurately place the agent on the intended target.

Proven Military-Grade Technology

The Oshkosh P-19R is equipped with Oshkosh’s Command Zone, an integrated control and diagnostics system, also used on combat-proven vehicles like the LSVR. The Command Zone system provides access to vital vehicle information and allows Marines to repair and troubleshoot vehicles, view real-time performance data and remotely access diagnostics information. It also provides system integration and automation to increase a firefighting crew’s situational awareness and help them carry out missions.

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 Airport Products

Oshkosh Airport Products, LLC, a division of Oshkosh Corporation, is a designer and builder of industry-leading airport firefighting and snow removal vehicles. Its flagship Striker® Aircraft Rescue and Fire Fighting (ARFF) vehicle and Oshkosh® H-Series™ snow removal chassis are known for their durability and superior performance and sold throughout the world. For more information, visit www.oshkoshairport.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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