Wisconsin-based Oshkosh Defense receives US$207M order from U.S. Army for 400 MRAP all-terrain vehicles

Andrew Rogers

OSHKOSH, Wisconsin , July 18, 2011 (press release) – Oshkosh Defense, a division of Oshkosh Corporation (NYSE:OSK), will build and deliver an additional 400 MRAP All-Terrain Vehicle (M-ATV) base variants with integrated underbody protection following an order from the U.S. Army TACOM Life Cycle Management Command (LCMC). This delivery order was announced by the Department of Defense on June 30. Oshkosh has received orders to deliver more than 8,700 M-ATVs of which more than 8,000 life-saving M-ATVs have been delivered for operations in Afghanistan. Oshkosh also received an order to continue Field Service Representative (FSR) support for the M-ATV in theater.

"The battle-proven Oshkosh M-ATV is designed and built to give troops the best combination of protection and mobility on the battlefield," said Ken Juergens, vice president and general manager of Joint Programs for Oshkosh Defense. "As we provide M-ATVs, we also ensure they are always battle-ready with support from our factory-trained FSRs, who use their expertise to help sustain vehicles in and out of theater, as well as provide technical guidance and training for troops."

The M-ATV is designed to provide exceptional protection and superior mobility for operations on unimproved road networks and rugged off-road terrain in places like Afghanistan. The M-ATV bolt-on design permits in-theatre installation of the latest armor technology to meet mission demands and the ever-changing and increasing threats in theater. The vehicle uses the Oshkosh TAK-4® independent suspension system to provide added flexibility, allowing the M-ATV to take on additional bolt-on armor and protection kits while maintaining a payload of up to 4,000 pounds. The M-ATV family of vehicles also includes the Special Forces Vehicle (SFV), Multi-Mission Vehicle (MMV), tactical ambulance and 2.5 ton cargo vehicle to deliver protected mobility for a wide array of operations in unforgiving terrain.

Factory-trained Oshkosh FSRs go where they are needed worldwide, including in-theater, and provide a direct link to the company and its parts network. FSRs provide vehicle-specific expertise to not only maintain vehicles, but also to provide technical guidance and help train troops so militaries can perform more vehicle service in-house.

The M-ATV order is valued at more than $207 million. Vehicle deliveries are expected to begin in October and be completed by November. To-date, the FSR order is valued at more than $31 million and will continue the support of more than 90 FSRs in theater through March 2012.

About Oshkosh Defense

Oshkosh Defense, a division of Oshkosh Corporation, is an industry-leading global designer and manufacturer of tactical military trucks and armored wheeled vehicles, delivering a full product line of conventional and hybrid vehicles, advanced armor options, proprietary suspensions and vehicles with payloads that can exceed 70 tons. Oshkosh Defense provides a global service and supply network including full life-cycle support and remanufacturing, and its vehicles are recognized the world over for superior performance, reliability and protection. For more information, visit http://www.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®, Medtec®, Jerr-Dan®, Oshkosh Specialty Vehicles, Frontline(TM), SMIT(TM), 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.

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