DTN News - DSEi NEWS: Oshkosh Defense Marks 10 Years Of HET Service To The U.K. MoD

DTN News - DSEi NEWS: Oshkosh Defense Marks 10 Years Of HET Service To The U.K. MoD

*Heavy Equipment Transporter has proven highly survivable and reliable in a decade of service

Source: DTN News - - This article compiled by Roger Smith from reliable sources Oshkosh

(NSI News Source Info) TORONTO, Canada - September 14, 2011: The Oshkosh Heavy Equipment Transporter (HET) has become an integral vehicle for U.K. military logistics operations since its introduction in 2001, providing a highly survivable platform for U.K. Forces and transporting some of the heaviest equipment used in combat. Oshkosh Defense, a division of Oshkosh Corporation (NYSE:OSK), today commemorated the 10th anniversary of fielding its first HET to the U.K. Ministry of Defence (MoD) at Defence and Security Equipment International (DSEi) 2011 in London.

“The HET has proven to be a very successful addition to the MoD’s fleet since its introduction 10 years ago,” said Serge Buchakjian, senior vice president of International Programs for Oshkosh Defense. “The HET has delivered exceptional survivability to protect passengers from roadside bombs and other threats in Iraq and Afghanistan. The vehicle also has proven highly reliable, transporting equipment and crews wherever they’re needed for arrival in a high state of readiness.”

The original HET contract for 92 vehicles was awarded to Oshkosh through Fasttrax which is owned by KBR and Barclays Infrastructure Fund, as part of a 20-year private finance initiative. Fasttrax owns, operates and maintains the HET for the MoD. Oshkosh also has provided aftermarket support, including training, parts supply and in-theater maintenance support.

"KBR is delighted to be celebrating the 10th anniversary of this pathfinder contract,” said Derek Brown, managing director KBR FTX Logistics Ltd. “Thanks to the strong partnership with Oshkosh, KBR delivered on time, on budget and continues to meet all contract expectations."

The U.K. HET is paired with the King Trailer GTS 100 semi-trailer and can transport main battle tanks, armored vehicles and self-propelled guns. In addition to its primary mission as a heavy equipment mover, U.K. Forces have used the HET in recovery functions when wreckers were not available. The vehicle has a 72-ton payload capacity and a six-person cab, and uses a 700-horsepower engine.

Oshkosh also has delivered HETs to armed forces in the U.S., United Arab Emirates, Egypt, Jordan, Oman, Saudi Arabia and Greece. The HET is part of Oshkosh’s full range of high-quality military vehicles and aftermarket solutions for international forces.

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.

®, 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 U.S. Department of Defense (DoD) procurement of products and services and funding thereof; 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 weakness, tight credit markets and lower municipal spending; 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 impact on revenues and margins of the decrease in M-ATV production rates; the potential for the U.S. government to competitively bid the Company’s Army and Marine Corps contracts; risks related to work stoppages and other labor matters, especially in light of the pending contract expiration for union employees at the Company’s Oshkosh defense facilities; 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 delays arising from supplier 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 disruptions or cost overruns in the Company’s global enterprise resource planning system implementation; the potential for increased costs relating to compliance with changes in laws and regulations; risks related to disruptions in the Company’s distribution networks; 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

*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

DTN News: First Oshkosh Defense Vehicles To Enter Iraqi Fleet

DTN News: First Oshkosh Defense Vehicles To Enter Iraqi Fleet

Source: DTN News / Oshkosh Corporation

(NSI News Source Info) OSHKOSH, Wis. - August 6, 2010: Oshkosh Defense, a division of Oshkosh Corporation (NYSE:OSK), announced today its first ever order for vehicles to the Iraqi Armed Forces. The inaugural order is for 60 Heavy Equipment Transporter Systems (HETS), which includes the Oshkosh® HET vehicle and a trailer. Oshkosh also will provide operator training, spare parts and manuals. “Oshkosh Defense is committed to helping international militaries become more independent by supplying vehicles that increase their mission and logistics support capabilities,” said Ron Ziebell, Oshkosh Defense vice president and general manager, International Programs. “We look forward to working with the Iraqi Armed Forces as they strive to improve security within the region.” The Oshkosh HET is designed to rapidly transport M1A1 Main Battle tanks, armored vehicles and self-propelled guns, as well as a six-person crew, so the vehicles and soldiers arrive in mission-ready condition. The contract, valued at more than $40 million, was received through the U.S. Army TACOM Life Cycle Management Command (LCMC). Work under the contract is expected to be completed in May 2011. The HET is part of the company’s line of international vehicles and technologies designed to meet a variety of logistical and operational needs around the world. 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™, 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 http://www.oshkoshcorporation.com/. ®, ™ 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 impact on revenues and margins of the planned decrease in M-ATV production rates; the cyclical nature of the Company’s access equipment, commercial and fire & emergency markets, especially during a global recession and tight credit markets; the duration of the global recession, 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 expected level and timing of U.S. Department of Defense procurement of products and services and funding thereof; risks related to reductions in government expenditures, the potential for the government to competitively bid the Company’s Army and Marine Corps contracts, the startup of the Family of Medium Tactical Vehicles contract and the uncertainty of government contracts generally; the consequences of financial leverage associated with the JLG acquisition, which could limit the Company’s ability to pursue various opportunities; risks related to the collectability of receivables during a recession, particularly for those businesses with exposure to construction markets; risks related to production delays as a result of the economy’s impact on the Company’s suppliers; the potential for commodity costs to rise sharply, including in a future economic recovery; risks associated with international operations and sales, including foreign currency fluctuations; and the potential for increased costs relating to compliance with changes in laws and regulations. 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.

Oshkosh to Further Develop Unmanned Ground Vehicle Technology / Oshkosh Defense Signs Agreement With U.S. Army To Further Develop Unmanned Ground.....

Oshkosh to Further Develop Unmanned Ground Vehicle Technology / Oshkosh Defense Signs Agreement With U.S. Army To Further Develop Unmanned Ground Vehicle Technology (NSI News Source Info) OSHKOSH, Wis. - January 27, 2009: Oshkosh Defense, a division of Oshkosh Corporation, today signed a Cooperative Research and Development Agreement (CRADA) with the U.S. Army's Tank and Automotive Research, Development and Engineering Center (TARDEC) to refine technology for the operation of unmanned ground vehicles in convoy missions in real-world environments. The CRADA calls for a three-year collaboration between the Army and Oshkosh to integrate a Convoy Active Safety Technology (CAST) surrogate system onto Oshkosh's unmanned TerraMax(TM) vehicle. The objective is to create a lead vehicle that can navigate and operate in missions, while communicating route information to another unmanned follower vehicle. The vehicles must be able to operate near-autonomous in a safe manner among people, animals, vehicles and other obstacles at operational speeds and in tactical environments. "Oshkosh Defense has a long history of developing military vehicle technology and building trucks that help protect U.S. service men and women," said Thom Mathes, executive director of product development for TARDEC. "This commitment and knowledge will help TARDEC increase the overall system effectiveness of the unmanned vehicle program so our soldiers can effectively and safely conduct specified military missions." Oshkosh Defense first developed unmanned ground vehicle technology in response to a Department of Defense mandate that one-third of military vehicles will be operated autonomously - without drivers - by 2015. A framework for technology development was provided through Oshkosh's participation in the 2004 and 2005 DARPA Grand Challenge events and 2007 DARPA Urban Challenge event. The Oshkosh TerraMax completed the 132-mile course in 2005 and was a finalist in 2007. "Both Oshkosh Defense and TARDEC have devoted valuable energy and R&D resources to develop unmanned ground vehicle technology," said John Stoddart, Oshkosh Corporation executive vice president and president, Defense. "By leveraging each other's knowledge and experience, our plan is to meet the military's 2015 goal and ultimately help save soldiers' lives." Under the CRADA, Oshkosh will provide the necessary hardware and software and assist with integrating the CAST system to ensure it interacts with TerraMax effectively. Furthermore, Oshkosh will use the data to add or modify the vehicle's behavior modes and trajectory generation to affect relevant tactical behaviors for convoy missions. Oshkosh also will provide non-proprietary platform information to assist in the integration of CAST technology into other Oshkosh vehicles, such as the Heavy Expanded Mobility Tactical Truck (HEMTT) or Heavy Equipment Transporter (HET). Additionally, Oshkosh Defense will work to integrate the platform and modeling evaluations of prototyped and simulated components and systems.