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US Marine Corps P-19R Vehicle Program Receives Approval for Full Rate Production

Oshkosh Defense begins delivering P-19R aircraft rescue fire fighting vehicles (ARFF)

OSHKOSH, Wis. (August 18, 2016) — Oshkosh Defense, LLC, an Oshkosh Corporation (NYSE: OSK) company, today announced that the U.S. Marine Corps has received Milestone C approval to begin Full Rate Production (FRP) on the P-19 Replacement (P-19R) Aircraft Rescue Fire Fighting (ARFF) vehicle program. This approval represents a major milestone for the $192 million P-19R ARFF contract, which was awarded to Oshkosh in May 2013 to replace the P-19A fleet.

“The P-19R program represents a technological leap forward for the U.S. Marine Corps and its ability to respond quickly and effectively to aircraft emergencies,” said Pat Williams, Oshkosh Defense vice president and general manager of Army and Marine Corps programs. “The Oshkosh P-19R gives Marines greater off-road capability, speed and transportability for a full range of firefighting missions whether they’re at a military base or an expeditionary airfield.”

Since Oshkosh was awarded the P-19R contract, the Company has successfully completed all required government development testing and evaluation, and readiness reviews required to achieve Milestone C and move the program into Full Rate Production (FRP). In total, Oshkosh will deliver 164 P-19R ARFFs through 2019. The P-19R will replace the P-19A fleet, which was first fielded in 1984 and is reaching the end of its service life.

The Oshkosh® P-19R ARFF combines the industry’s most advanced fire apparatus and vehicle technologies to reach emergency scenes faster, and have more capability to manage a spectrum of emergency situations once they arrive to the scene. The P-19R delivers unprecedented levels acceleration with its 600 horsepower engine that allows for speeds up to 70 mph. The P-19R achieves “gold standard” performance in off-road environments with the Oshkosh TAK-4® independent suspension system. TAK-4 has been used on more than 20,000 military-class vehicles, and delivers 16 inches of independent wheel travel to provide greater all-terrain performance for off-runway emergencies. In addition, the TAK-4 system provides the payload capacity needed to carry 1,000 gallons of water, 130 gallons of foam agent, and 500 lbs of auxiliary firefighting agent. The roof and bumper turrets combined will discharge up to 750 gallons per minute.

The Oshkosh P-19R is equipped with Oshkosh’s Command Zone™ integrated control and diagnostics system. This fully-automated system provides access to vital vehicle information, and allows Marines to repair and troubleshoot vehicles, view real-time performance data and remotely access diagnostics information. The P-19R is also outfitted with advanced Striker® ARFF vehicle firefighting systems from Oshkosh Airport Products LLC, the industry-leading ARFF vehicle producer. The P-19R will be on display next month at the Modern Day Marine military expo at Marine Corps Base Quantico, Virginia.

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 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. Oshkosh Defense, LLC is an Oshkosh Corporation company [NYSE: OSK].

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 access equipment, commercial, fire & emergency, military and specialty 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 by rental companies, concrete placement and refuse collection businesses, fire & emergency departments, municipal and airport services and defense forces, where high quality, superior performance, rugged reliability and long-term value are paramount. For more information, please visit 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.

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