DTN News: Oshkosh Defense Announces New Delivery Orders For Heavy-Duty Army Vehicles

DTN News: Oshkosh Defense Announces New Delivery Orders For Heavy-Duty Army Vehicles

Source: DTN News / Oshkosh Corporation Dt. June 30, 2010

(NSI News Source Info) OSHKOSH, Wis. - July 3, 2010: Oshkosh Corporation (NYSE:OSK) announced today its Defense division has received two delivery orders from the U.S. Army TACOM Life Cycle Management Command (LCMC) for the U.S. Army’s Family of Heavy Tactical Vehicles (FHTV). The two delivery orders are valued at roughly $600 million, and extend production for nearly 1,900 new and recapitalized severe-duty Heavy Expanded Mobility Tactical Truck (HEMTT A4) vehicles, the backbone of the Army’s logistics and resupply fleet, and more than 530 Palletized Load System (PLS) trailers. “For more than 30 years, Oshkosh HEMTTs have provided unparalleled performance to U.S. soldiers,” said Charlie Szews, Oshkosh Corporation president and chief operating officer. “The production of these next-generation vehicles and support trailers, as well as the recapitalization of existing HEMTTs to like-new condition, signifies the fleet will continue to support and protect Warfighters for decades to come.” Through Oshkosh Defense remanufacturing and recapitalization services, heavily used vehicles are returned to Oshkosh, stripped to their frame rails, completely rebuilt to like-new condition and upgraded to the new A4 configuration. For the Oshkosh® HEMTT A4, changes include a more powerful drivetrain; improved suspension; a fully air-conditioned and armor-ready cab; and other structural changes to make in-the-field installation of add-on armor quicker and easier. Recapitalized vehicles are reset to zero miles and zero hours, and offer a significant cost savings compared to new vehicles. HEMTT deliveries begin in July 2010 and continue through September 2011. PLS trailer production will start in June 2011 and continue through October 2011. 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 Corporation 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, visit www.oshkoshcorporation.com. ®, ™ All brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies.