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OSHKOSH DEFENSE RECEIVES FIVE NEW PATENTS ON HYBRID ELECTRIC JLTV

OSHKOSH, Wis. (August 22, 2022) — Oshkosh Defense, LLC, an Oshkosh Corporation (NYSE: OSK) company, today announced that it was granted five new patents for the Oshkosh Defense hybrid electric Joint Light Tactical Vehicle, or eJLTV, strengthening the company’s intellectual property position in hybrid-electric technology.

The Oshkosh eJLTV was unveiled in January 2022 as the first-ever silent drive hybrid electric Joint Light Tactical Vehicle. These recent patents relate to the accessory drive approach, battery and inverter integration, and the range and capability of the Oshkosh vehicle.

“Hybrid electric vehicle technology provides silent drive, extended silent watch, enhanced fuel economy, and increased exportable power that enables it to be used in combat and reconnaissance scenarios,” said George Mansfield, Vice President and General Manager of Joint Programs for Oshkosh Defense. “The addition of these recent patents underscores our unique ability to deliver innovative solutions that meet the needs of our customer and advance technology for the tactical wheeled vehicle fleet.”

Oshkosh has a robust portfolio of 115+ patents and pending applications for the JLTV, the eJLTV, and related technologies. For more information on Oshkosh’s patented technology, visit our JLTV patent page on our website.

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 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 Access Equipment, Commercial and Fire & Emergency markets, which are particularly impacted by the strength of the U.S. and European economies and construction seasons.

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