DTN News: Oshkosh Defense Receives Four Awards Valued At $19 Million To Refurbish Vehicles In-Theater

DTN News: Oshkosh Defense Receives Four Awards Valued At $19 Million To Refurbish Vehicles In-Theater Source: DTN News / Oshkosh Corporation (NSI News Source Info) OSHKOSH, Wis. - April 9, 2010: Oshkosh Defense, a division of Oshkosh Corporation (NYSE:OSK), announced today it has received four awards valued at more than $19 million from the TACOM Life Cycle Management Command (LCMC) for additional work to be included under its Theater-Provided Equipment Refurbishment (TPER) program with the U.S. military. This work includes the delivery of nearly 200 refurbished heavy and line-haul vehicles, and will extend the Oshkosh Defense TPER work at its Kuwait facility to January 2011. Oshkosh will deliver more than 140 refurbished Family of Heavy Tactical Vehicles (FHTV), including the Oshkosh® Heavy Expanded Mobility Tactical Truck (HEMTT), Palletized Load System (PLS) and Heavy Equipment Transporter (HET), as well as the HET M1000 trailer. The company also will deliver more than 50 refurbished line-haul vehicles. Oshkosh has the in-theater capabilities, including a multifaceted supply-chain management approach, to repair and refurbish non-Oshkosh products such as the trailers and line-haul vehicles. “Oshkosh Defense and our partners in the military undertook a groundbreaking operation with the TPER program, and it has significantly benefitted fleet sustainment,” said Andy Hove, Oshkosh Corporation executive vice president and president, Defense. “Whether it’s routine service or vehicle upgrades, our extensive repair and recapitalization capabilities ensure mission-ready vehicles are affordably and efficiently delivered to meet the Warfighters’ needs.” The TPER program is the result of an urgent requirement to repair and refurbish tactical wheeled vehicles operating in both Iraq and Afghanistan. The program brings vehicles that have become worn from extreme in-theater conditions back to full mission operability. Performing the work in-theater minimizes refurbishment costs, reduces maintenance cycle time and quickly returns vehicles to service. Upon completion of these efforts, more than 1,850 vehicles and trailers will have been repaired and returned to U.S. forces through the TPER program. 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 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 Corp. manufactures, distributes and services products under the brands of Oshkosh®, JLG®, Pierce®, McNeilus®, Medtec®, Jerr-Dan®, Oshkosh Specialty Vehicles, Frontline™, SMIT™, 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, log on to www.oshkoshcorporation.com. ®, ™ All brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies.