DTN News - DEFENSE NEWS: The Oshkosh Defense JLTV Solution Delivers Next-Generation Performance And Crew Protection
*The Oshkosh L-ATV combines MRAP-level protection with unprecedented
off-road mobility
Source: DTN News - - This article compiled by Roger Smith from reliable sources Oshkosh Defense
(NSI News Source Info) TORONTO, Canada - March 27, 2012: Oshkosh Defense, a division of Oshkosh Corporation (NYSE:OSK), today presented its solution for the Engineering Manufacturing & Development (EMD) phase of the Joint Light Tactical Vehicle (JLTV) program. With the JLTV program, the U.S. military is seeking to modernize its light vehicle fleet. Oshkosh is offering the latest generation of its Light Combat Tactical All-Terrain Vehicle (L-ATV) to upgrade the light tactical fleet with MRAP-level protection and unprecedented mobility in future missions. The Oshkosh L-ATV has been extensively tested and proven to meet or exceed all of the JLTV program’s requirements.
“Military leaders have recognized JLTV as one of their top modernization priorities, and the Oshkosh L-ATV entry represents our significant investment in this project and showcases our advanced technology,” said John Bryant, vice president and general manager of Joint and Marine Corps Programs for Oshkosh Defense. “Our engineers have drawn upon extensive tactical vehicle operating experience in Iraq and Afghanistan to develop the L-ATV, with an eye toward future combat environments.”
The Light Combat Vehicle, Redefined
The Oshkosh L-ATV is designed to keep Warfighters safe as battlefield threats evolve. The vehicle’s crew protection system has been extensively tested and proven to optimize protection, weight and mobility. The L-ATV can accept multiple armor configurations so it can easily be adapted to changing operational requirements.
The L-ATV also uses the Oshkosh TAK-4i™ intelligent independent suspension system, building on the success of the TAK-4 family of suspensions used on more than 20,000 military vehicles. The TAK-4i system is tailored for high-performance, lightweight vehicles to give Warfighters unprecedented mobility in severe off-road terrain. It uses an advanced Oshkosh technology to deliver 20 inches of independent wheel travel; 25 percent more than any vehicle fielded with the U.S. military today.
Oshkosh’s innovative L-ATV delivers expanded power capabilities, greater fuel efficiency and integrated diagnostics compared to legacy engine technologies. An optional Oshkosh ProPulse® diesel-electric hybrid powertrain is available to further improve fuel economy, lower life-cycle costs, and provide high levels of stationary and on-the-move exportable power.
Rigorous Development
Oshkosh committed significant resources for light vehicle research and development to produce the L-ATV. In preparation for the JLTV EMD phase, six generations of Oshkosh light vehicles were developed to respond to evolving requirements. Oshkosh’s L-ATV designs have been verified through extensive JLTV mission-profile testing. Notably, an L-ATV prototype called the LCTV completed the 1,061-mile Baja 1000 off-road race in the unforgiving terrain of the Mexican desert, demonstrating its unprecedented performance capabilities and reliability.
“Since 2006, we have aggressively and continuously worked to design, develop and test the L-ATV to deliver a robust, mature solution for the JLTV EMD phase,” Bryant said. “Our new product development process allowed us to develop multiple generations, which is why our JLTV solution is currently ready for Low Rate Initial Production.”
Decades of Proven Value
As a long-time vehicle and service provider to the U.S. military, Oshkosh has a history of superb program execution and the Oshkosh JLTV solution is no exception. Working closely with its vast supplier network, Oshkosh has optimized its L-ATV vehicle design while gaining economies of scale across a spectrum of military, commercial and industrial vehicle programs.
Oshkosh has produced more than 100,000 military-class trucks and trailers to date, including the medium- and heavy-payload vehicles for the U.S. Army and Marine Corps, and the MRAP All-Terrain Vehicle (M-ATV). Oshkosh uses a flexible, integrated manufacturing approach to build vehicles for different military programs on a single assembly line, which helps keep costs low. In addition, Oshkosh is equipped to manufacture components and parts in-house – including key subsystems such as suspension systems, which other manufacturers must purchase from suppliers.
More information about the Oshkosh JLTV EMD offering, including a vehicle video, is available athttp://www.oshkoshdefense.com/jltv.
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, visitwww.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 expected level and timing of the DoD’s procurement of products and services and funding thereof, including the impact of the DoD’s allocation of certain tires which will restrict and delay certain FHTV sales; risks related to reductions in government expenditures in light of U.S. defense budget pressures and an uncertain DoD tactical wheeled vehicle strategy; the cyclical nature of the Company’s access equipment, commercial and fire & emergency markets, especially during periods of global economic uncertainty, lower municipal spending and tight credit markets; the Company’s ability to produce vehicles under the FMTV contract at targeted margins; the duration of the ongoing global economic weakness, 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 equity market expectations; the potential for the U.S. government to competitively bid the Company’s Army and Marine Corps contracts; the consequences of financial leverage, which could limit the Company’s ability to pursue various opportunities; increasing commodity and other raw material costs, particularly in a sustained economic recovery; the ability to pass on to customers price increases to offset higher input costs; risks related to costs and charges as a result of facilities consolidation and alignment, including that anticipated cost savings may not be achieved; 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 potential for increased costs relating to compliance with changes in laws and regulations; risks related to disruptions in the Company’s distribution networks; risks related to actions of activist shareholders; and 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.
*Link for This article compiled by Roger Smith from reliable sources Oshkosh Defense
*Speaking Image - Creation of DTN News ~ Defense Technology News
*This article is being posted from Toronto, Canada By DTN News ~ Defense-Technology News Contact:dtnnews@ymail.com
©COPYRIGHT (C) DTN NEWS DEFENSE-TECHNOLOGY NEWS
*The Oshkosh L-ATV combines MRAP-level protection with unprecedented
off-road mobility
Source: DTN News - - This article compiled by Roger Smith from reliable sources Oshkosh Defense(NSI News Source Info) TORONTO, Canada - March 27, 2012: Oshkosh Defense, a division of Oshkosh Corporation (NYSE:OSK), today presented its solution for the Engineering Manufacturing & Development (EMD) phase of the Joint Light Tactical Vehicle (JLTV) program. With the JLTV program, the U.S. military is seeking to modernize its light vehicle fleet. Oshkosh is offering the latest generation of its Light Combat Tactical All-Terrain Vehicle (L-ATV) to upgrade the light tactical fleet with MRAP-level protection and unprecedented mobility in future missions. The Oshkosh L-ATV has been extensively tested and proven to meet or exceed all of the JLTV program’s requirements.
The Light Combat Vehicle, Redefined
The Oshkosh L-ATV is designed to keep Warfighters safe as battlefield threats evolve. The vehicle’s crew protection system has been extensively tested and proven to optimize protection, weight and mobility. The L-ATV can accept multiple armor configurations so it can easily be adapted to changing operational requirements.
The L-ATV also uses the Oshkosh TAK-4i™ intelligent independent suspension system, building on the success of the TAK-4 family of suspensions used on more than 20,000 military vehicles. The TAK-4i system is tailored for high-performance, lightweight vehicles to give Warfighters unprecedented mobility in severe off-road terrain. It uses an advanced Oshkosh technology to deliver 20 inches of independent wheel travel; 25 percent more than any vehicle fielded with the U.S. military today.
Oshkosh’s innovative L-ATV delivers expanded power capabilities, greater fuel efficiency and integrated diagnostics compared to legacy engine technologies. An optional Oshkosh ProPulse® diesel-electric hybrid powertrain is available to further improve fuel economy, lower life-cycle costs, and provide high levels of stationary and on-the-move exportable power.
Rigorous Development
Oshkosh committed significant resources for light vehicle research and development to produce the L-ATV. In preparation for the JLTV EMD phase, six generations of Oshkosh light vehicles were developed to respond to evolving requirements. Oshkosh’s L-ATV designs have been verified through extensive JLTV mission-profile testing. Notably, an L-ATV prototype called the LCTV completed the 1,061-mile Baja 1000 off-road race in the unforgiving terrain of the Mexican desert, demonstrating its unprecedented performance capabilities and reliability.
“Since 2006, we have aggressively and continuously worked to design, develop and test the L-ATV to deliver a robust, mature solution for the JLTV EMD phase,” Bryant said. “Our new product development process allowed us to develop multiple generations, which is why our JLTV solution is currently ready for Low Rate Initial Production.”
Decades of Proven Value
As a long-time vehicle and service provider to the U.S. military, Oshkosh has a history of superb program execution and the Oshkosh JLTV solution is no exception. Working closely with its vast supplier network, Oshkosh has optimized its L-ATV vehicle design while gaining economies of scale across a spectrum of military, commercial and industrial vehicle programs.
Oshkosh has produced more than 100,000 military-class trucks and trailers to date, including the medium- and heavy-payload vehicles for the U.S. Army and Marine Corps, and the MRAP All-Terrain Vehicle (M-ATV). Oshkosh uses a flexible, integrated manufacturing approach to build vehicles for different military programs on a single assembly line, which helps keep costs low. In addition, Oshkosh is equipped to manufacture components and parts in-house – including key subsystems such as suspension systems, which other manufacturers must purchase from suppliers.
More information about the Oshkosh JLTV EMD offering, including a vehicle video, is available athttp://www.oshkoshdefense.com/jltv.
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, visitwww.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 expected level and timing of the DoD’s procurement of products and services and funding thereof, including the impact of the DoD’s allocation of certain tires which will restrict and delay certain FHTV sales; risks related to reductions in government expenditures in light of U.S. defense budget pressures and an uncertain DoD tactical wheeled vehicle strategy; the cyclical nature of the Company’s access equipment, commercial and fire & emergency markets, especially during periods of global economic uncertainty, lower municipal spending and tight credit markets; the Company’s ability to produce vehicles under the FMTV contract at targeted margins; the duration of the ongoing global economic weakness, 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 equity market expectations; the potential for the U.S. government to competitively bid the Company’s Army and Marine Corps contracts; the consequences of financial leverage, which could limit the Company’s ability to pursue various opportunities; increasing commodity and other raw material costs, particularly in a sustained economic recovery; the ability to pass on to customers price increases to offset higher input costs; risks related to costs and charges as a result of facilities consolidation and alignment, including that anticipated cost savings may not be achieved; 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 potential for increased costs relating to compliance with changes in laws and regulations; risks related to disruptions in the Company’s distribution networks; risks related to actions of activist shareholders; and 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.
*Link for This article compiled by Roger Smith from reliable sources Oshkosh Defense
*Speaking Image - Creation of DTN News ~ Defense Technology News
*This article is being posted from Toronto, Canada By DTN News ~ Defense-Technology News Contact:dtnnews@ymail.com
©COPYRIGHT (C) DTN NEWS DEFENSE-TECHNOLOGY NEWS
1 comment:
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