August 2, 2022
OSHKOSH, Wis. (August 2, 2022) — Oshkosh Defense, LLC, a wholly owned subsidiary of Oshkosh Corporation (NYSE: OSK), delivered the first Stryker Double-V Hull Infantry Carrier Vehicle (ICVVA1) upgraded with the 30 mm Medium Caliber Weapon System (MCWS) to the U.S. Army’s Aberdeen Test Center (ATC) in Aberdeen, Maryland, where the system will undergo Production Verification Testing (PVT).
The contract awarded to Oshkosh in June 2021 requires Oshkosh Defense to deliver a total of seven systems by September 2022 for PVT that will be conducted through June 2023. Fielding of the MCWS is scheduled to begin in July 2023 with the I-2 Stryker Brigade Combat Team (SBCT), Joint Base Lewis McChord in Washington State, receiving the first upgraded Strykers.
“Our team leveraged our engineering and manufacturing prowess and deep commitment to customer satisfaction to deliver our first MCWS test vehicle on time, despite the dynamic market forces we have all experienced over the last year,” said Pat Williams, Vice President and General Manager of U.S. Army and U.S. Marine Corps Programs, Oshkosh Defense. “Since the initial contract award, the close collaboration with the U.S. Army has been paramount to achieving this important milestone.”
The U.S. Army selected Oshkosh Defense and partners Pratt Miller Defense and Rafael Advanced Defense Systems to integrate the 30 mm MCWS onto the Stryker ICVVA1 in June 2021. Since then, Oshkosh Defense has completed Risk Management Testing (RMT) and received orders for a total of 269 upgraded Strykers valued at $356 Million.
“We’re incredibly proud to deliver this transformative solution and look forward to equipping our Soldiers with the precision lethality capability they need.” Williams concluded.
About Oshkosh Defense
Oshkosh Defense is a global leader in the design, production and sustainment of best-in-class military vehicles, technology solutions and mobility systems. Oshkosh develops and applies emerging technologies that advance safety and mission success. Setting the industry standard for sustaining fleet readiness, Oshkosh ensures every solution is supported worldwide throughout its entire life cycle.
Oshkosh Defense, LLC is an Oshkosh Corporation company [NYSE: OSK].
Learn more about Oshkosh Defense at www.oshkoshdefense.com.
About Oshkosh Corporation
At Oshkosh (NYSE: OSK), we make innovative, mission-critical equipment to help everyday heroes advance communities around the world. Headquartered in Wisconsin, Oshkosh Corporation employs more than 14,000 team members worldwide, all united behind a common cause: to make a difference in people’s lives. Oshkosh products can be found in more than 150 countries under the brands of JLG®, Pierce®, Oshkosh® Defense, McNeilus®, IMT®, Jerr-Dan®, Frontline™, Oshkosh® Airport Products, London™ and Pratt Miller. For more information, visit oshkoshcorp.com.
®, ™ All brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies.
Forward Looking Statements
This news 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 news 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 overall impact of the COVID-19 pandemic on the Company’s business, results of operations and financial condition; the duration and severity of the COVID-19 pandemic; actions that may be taken by governmental authorities and others to address or otherwise mitigate the impact of the COVID-19 pandemic; the negative impacts of the COVID-19 pandemic on global economies and the Company’s customers, suppliers and employees; and 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 and construction seasons.
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