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Oshkosh Defense Exhibits JLTV Combat Capabilities at Modern Day Marine 2019

OSHKOSH, Wis. (September 17, 2019) — Oshkosh Defense, LLC, an Oshkosh Corporation (NYSE: OSK) company, will display two Joint Light Tactical Vehicles (JLTV) at the Modern Day Marine Expo 2019. The vehicles will be on display at Quantico Marine Corps Base in Quantico, Virginia from Tuesday, September 17 through Thursday, September 19.

A 4-door General Purpose JLTV will be equipped with the Javelin Integration Kit (JIK), LW30 Remote Weapon Station (RWS), and for the first time, a Black Hornet Vehicle Reconnaissance System (VRS). A 2-door Utility JLTV will be outfitted for the first time with the Uvision Hero-120 Tactical System.

“As the military pivots its focus from counter-insurgency threats towards near-peer adversaries, so too must the industry,” said George Mansfield, vice president and general manager of joint programs for Oshkosh Defense. “We designed the JLTV with the unpredictability of the future in mind, bringing the Warfighter unprecedented lethality capabilities along with scalable levels of protection to meet virtually any mission need.”

The U.S. Marine Corps recently announced that they plan to increase their Approved Acquisition Objective (AAO). “We’re incredibly pleased to hear that based on their own evaluation, the U.S. Marine Corps (USMC) is now planning to field 15,390 JLTVs, replacing all HMMWVs in the Corps’ legacy fleet in a one-for-one swap,” said Mansfield. “We will continue to work with both the U.S. Army and the USMC to align and deliver against key military modernization priorities.” With this increase, the Marines have nearly tripled their original AAO, up from an original 5,500 quantity.

The Marine Corps also recently announced that the JLTV program has reached Initial Operational Capability (IOC), nearly a year ahead of schedule.

Oshkosh Defense leadership will be available to discuss the Oshkosh JLTVs on display as well as the company’s entire portfolio of vehicles, technologies, and integration capabilities. Visit us at Modern Day Marine 2019 booth 1703.

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 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 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 15,000 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®, Frontline™, Jerr-Dan®, Oshkosh® Airport Products, CON-E-CO® and London™. 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 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 guaranteeing 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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