Oshkosh exhibiting Marine Corps’ new firefighting vehicle this week at Marine West
OSHKOSH, Wis. (Jan. 29, 2014) — Oshkosh Defense, a division of Oshkosh Corporation (NYSE: OSK), has delivered three Oshkosh P-19 Replacement Aircraft Rescue and Fire Fighting (ARFF) vehicle prototypes to the U.S. Marine Corps to undergo testing. The Marine Corps selected the Oshkosh P-19R in May 2013 to serve as the Marines’ off-road firefighting vehicle of the future. Oshkosh will display the P-19R at Marine West, Jan. 29-30, at Marine Corps Base Camp Pendleton, Calif.
“We delivered three P-19R prototypes in December and will support them as they undergo rigorous government testing through this summer,” said John Bryant, senior vice president of Defense Programs for Oshkosh Defense. “The Oshkosh P-19R will replace the fleet of Oshkosh P-19A ARFF vehicles, which were first fielded with the Marine Corps in 1984 and are reaching the end of their service lives. With this vehicle, we’ve rolled into one platform our decades of experience producing military and ARFF vehicles to give Marines more advanced firefighting capabilities.”
The next-generation Oshkosh P-19R is based on the proven Oshkosh Logistics Vehicle System Replacement (LVSR) platform. It incorporates the latest tactical wheeled vehicle technologies to support fire emergency missions at military bases and expeditionary airfields.
The Oshkosh TAK-4® independent suspension system – today’s gold standard for heavy, medium and light tactical wheeled vehicles that are required to operate off-road – gives Marines greater all-terrain performance for off-runway emergencies. The Oshkosh Command Zone™ integrated diagnostics and automation system helps crews carry out firefighting missions with increased situational awareness.
Oshkosh Defense leveraged the expertise of the Oshkosh Airport Products Group, the industry-leading ARFF vehicle producer, to equip the Oshkosh P-19R with the advanced Striker® firefighting systems. The P-19R also meets the modern requirements of the NFPA 414 standard, which sets the design, performance and acceptance criteria for ARFF vehicles.
Oshkosh Defense leadership will be available to discuss the P-19R and the company’s broad portfolio of vehicles, technologies and services at Marine West at booth #8.
About Oshkosh Defense
Oshkosh Defense is a leading provider of tactical wheeled vehicles and life cycle sustainment services. For more than 90 years, 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.
To learn more about Oshkosh Defense, please visit us at oshkoshdefense.com.
About Oshkosh Corporation
Oshkosh Corporation is a leading designer, manufacturer and marketer of a broad range of specialty access equipment, commercial, fire & emergency and military 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®. Oshkosh products are valued worldwide in businesses where high quality, superior performance, rugged reliability and long-term value are paramount. For more information, please visit to 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. These factors include the cyclical nature of the Company’s access equipment, commercial and fire & emergency markets, especially with the current outlook for U.S. and European economic recoveries; the strength of emerging market growth and projected adoption rate of work at height machinery; the expected level and timing of DoD and international defense customer procurement of products and services and funding thereof; risks related to reductions in government expenditures in light of U.S. defense budget pressures, sequestration and an uncertain DoD tactical wheeled vehicle strategy, including the Company’s ability to successfully manage the cost reductions required as a result of the significant projected decrease in sales levels in the defense segment; the Company’s ability to win a U.S. Joint Light Tactical Vehicle production contract award; the Company’s ability to increase prices to raise margins or offset higher input costs; increasing commodity and other raw material costs, particularly in a sustained economic recovery; risks related to facilities consolidation and alignment, including the amounts of related costs and charges and that anticipated cost savings may not be achieved; the duration of the ongoing global economic uncertainty, which could lead to additional impairment charges related to many of the Company’s intangible assets and/or a slower recovery in the Company’s cyclical businesses than Company or equity market expectations; risks related to the collectability of receivables, particularly for those businesses with exposure to construction markets; the cost of any warranty campaigns related to the Company’s products; risks related to production or shipment delays arising from quality or production issues; risks associated with international operations and sales, including foreign currency fluctuations and compliance with the Foreign Corrupt Practices Act; the Company’s ability to comply with complex laws and regulations applicable to U.S. government contractors; and risks related to the Company’s ability to successfully execute on its strategic road map and meet its long-term financial goals. Additional information concerning these and other factors is contained in the Company’s filings with the Securities and Exchange Commission. All forward-looking statements speak only as of the date of this press release. The Company assumes no obligation, and disclaims any obligation, to update information contained in this press release. Investors should be aware that the Company may not update such information until the Company’s next quarterly earnings conference call, if at all.
###
