January 6, 2023
OSHKOSH, Wis. (January 6, 2023) — Oshkosh Defense, a wholly-owned subsidiary of Oshkosh Corporation (NYSE: OSK), announced today that the Israeli Ministry of Defense (IMOD) has selected Oshkosh Defense to produce the Armored Personnel Carrier (APC) hulls for the Israeli Defense Forces.
As part of this contract, valued at over $100 million, Oshkosh Defense will build hundreds of Eitan APC main hulls.
“Oshkosh Defense continues to enhance our innovative manufacturing processes to deliver world class vehicles and mobility systems,” said Pat Williams, Chief Program Officer, Oshkosh Defense. “The Eitan APC contract is just another example of our ability to leverage leading edge technology to provide our customers advanced combat vehicle solutions.”
The Eitan APC award expands Oshkosh’s portfolio of two recent adjacent market wins achieved by Oshkosh – the Stryker Medium Caliber Weapons System (MCWS) and Optionally Manned Fighting Vehicle (OMFV).
- MCWS: In June 2021, Oshkosh Defense was awarded a $942.9M contract to integrate a 30mm Medium Caliber Weapon System (MCWS) onto the Stryker Double V Hull Infantry Carrier Vehicle (ICVVA1). This upgrade will provide precision lethality capability to the Army’s Stryker Brigade Combat Team (SBCT).
- OMFV: In July 2021, the U.S. Army selected Oshkosh Defense to participate in the Optionally Manned Fighting Vehicle (OMFV) Concept Design Phase 2 contract. In November 2022, Oshkosh submitted its proposal for Phase 3 Detail Design and Phase 4: Prototype Build and Test of the OMFV program. A down select of up to three awards is expected to occur in the second quarter of 2023.
“We are honored to have been selected by the Israeli Ministry of Defense to build the Eitan APC hull,” said John Lazar, Vice President of International, Oshkosh Defense. “We’ve worked with IMOD on a multitude of programs for more than a decade, and we look forward to demonstrating our continued commitment to this partnership.”
Production will begin in 2023 and the first hulls will arrive in Israel within 18 months.
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 approximately 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®, Jerr-Dan®, Frontline™, Oshkosh® Airport Products, London™, Pratt Miller and Maxi-Metal. For more information, visit oshkoshcorp.com.
Forward Looking Statements
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