Showing posts with label TAPV. Show all posts
Showing posts with label TAPV. Show all posts

Friday, June 08, 2012

DTN News - CANADIAN DEFENSE NEWS: Oshkosh Defense To Display Vehicles Tailored To Needs Of Canadian Forces

DTN News - CANADIAN DEFENSE NEWS: Oshkosh Defense To Display Vehicles Tailored To Needs Of Canadian Forces
*Oshkosh to demonstrate vehicles with proven protection and reliability at CANSEC 2012
Source: DTN News - - This article compiled by Roger Smith from reliable sources Oshkosh Defense
(NSI News Source Info) TORONTO, Canada - June 8, 2012: Oshkosh Defense, a division of Oshkosh Corporation (NYSE:OSK), will exhibit its Tactical Armoured Patrol Vehicle (TAPV), the Oshkosh HEMTT A4 vehicle, which is the base vehicle for the Company’s MSVS SMP submission, and a cargo truck from its proven Family of Medium Tactical Vehicles (FMTV) at CANSEC in Ottawa, May 30-31.

The Oshkosh TAPV was designed to provide industry-leading off-road mobility and crew protection for a variety of missions.  With fully integrated life cycle sustainment provided by Oshkosh Defense and General Dynamics Land Systems-Canada, the Oshkosh TAPV solution optimizes vehicle performance and operating costs. The Oshkosh TAPV leverages the combat proven Mine-Resistant Ambush Protected All-Terrain Vehicle (M-ATV) platform and industry-leading TAK-4® independent suspension system to provide a 70 percent off-road mission profile.
The Oshkosh Defense MSVS SMP is designed around the battle-tested Oshkosh HEMTT A4, which uses a high-performance drive train and advanced suspension. The HEMTT platform has logged over 1 billion kilometres in military service globally. Tailored to the needs of Canadian Forces, the Oshkosh MSVS SMP can provide proven reliability and protection for a wide range of Canadian Army logistics operations.
“We are committed to providing innovative vehicles that enhance performance and protect Canadian Soldiers,” said Serge Buchakjian, senior vice president and general manager of International Programs for Oshkosh Defense. “Both the Oshkosh TAPV and MSVS SMP vehicles have successfully undergone extensive testing and are ready to be fielded with the Canadian Army.”
Oshkosh will also have its FMTV on display. The FMTV is a series of 17 models. Vehicles share parts commonality of more than 80 percent, resulting in streamlined maintenance, training, sustainment and overall cost efficiency. The unarmoured FMTV is EAR rather than ITAR controlled. It is a cost-efficient logistics truck that provides the capability, versatility and mobility to move troops and supplies, recover vehicles and weapon systems, or haul equipment.
To see the vehicles on display, visit Oshkosh’s booths, #1001 in the Capital Exhibition Centre and outdoor booth #2402, in Ottawa, Canada. Oshkosh leadership will be available on-site to discuss the vehicles.
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 cyclical nature of the Company’s access equipment, commercial and fire & emergency markets; the expected level and timing of the 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; increasing commodity and other raw material costs, particularly in a sustained economic recovery; the ability to increase prices to offset higher input costs; risks related to facilities consolidation and alignment, including costs and charges thereof and that anticipated cost savings may not be achieved; 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 Company or 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; 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; 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
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*This article is being posted from Toronto, Canada By DTN News ~ Defense-Technology News Contact:dtnnews@ymail.com 
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Thursday, September 08, 2011

DTN News - CANADIAN DEFENSE NEWS: Textron TAPV Team Submits Tactical Armoured Patrol Vehicle Proposal

DTN News - CANADIAN DEFENSE NEWS: Textron TAPV Team Submits Tactical Armoured Patrol Vehicle Proposal
**Textron TAPV Designed to Meet the Canadian Forces Requirements for the Next 25 Years
(NSI News Source Info) TORONTO, Canada - September 8, 2011: Textron Systems Canada Inc., a Textron Inc. (NYSE: TXT) company, announced today that it has submitted its proposal for the Canadian Forces Tactical Armoured Patrol Vehicle (TAPV) program. The Textron TAPV Team, led by Textron Systems Canada, includes Textron Marine & Land Systems and Rheinmetall Canada. Additional key Canadian suppliers include: Kongsberg Protech Systems Canada, a subcontractor to Rheinmetall Canada for the Remote Weapons Systems; and Engineering Office Deisenroth Canada (EODC), a subcontractor direct to Textron Systems Canada for add-on armour.
A contract for the TAPV program to procure 500 vehicles, with an option for up to 100 more, is expected to be awarded in early 2012.
“The Textron TAPV Team is pleased to be offering a 4 by 4 armoured vehicle that will provide the Canadian Forces with an unmatched blend of survivability, protection, power, mobility and versatility,” said Neil Rutter, general manager of Textron Systems Canada. “We also have submitted a comprehensive Industrial and Regional Benefits plan that effectively engages Canadian companies from coast to coast, provides jobs to Canadians, and provides substantial Canadian content in each vehicle.”
Textron’s proposed TAPV, specifically engineered to meet Canadian Forces requirements, draws on Textron Marine & Land Systems’ more than 45 years of experience in the design and production of armoured vehicles. Building from the combat-tested Armored Security Vehicle platform, Textron’s TAPV has undergone five years of extensive research and development. The result is a technology readiness level (TRL) 8 vehicle, designed to deliver outstanding performance and sustainability for a broad spectrum of operations in the world’s most challenging environments.
If awarded the TAPV project, Ottawa-based Textron Systems Canada, as prime contractor, will provide overall program and configuration management, act as the design authority for change management, coordinate vehicle integration activities by Canadian subcontractors, manage the 25-year In-Service Support contract, and execute the Industrial and Regional Benefits program.
Rheinmetall Canada (www.rheinmetall.ca), at its facilities in Saint-Jean-sur-Richelieu and Ottawa, will perform multiple integration functions and final vehicle assembly to include the remote weapons station and government furnished equipment, and play a large role in the program’s long-term system support.
Kongsberg Protech Systems Canada (www.kongsberg.com/en/KPS) will provide its Remote Weapon Station (RWS) for the Textron TAPV vehicle through a subcontract with Rheinmetall Canada. Kongsberg would be responsible for assembly, testing, and delivery of its RWS for the TAPV program, using its production facility in London, Ontario.
EODC (www.eodc.ca), an IBD-owned Canadian company based in Ottawa, is offering IBD’s fourth-generation Advanced Modular Armour Protection (AMAP) technology in support of the Textron TAPV. This newest ballistic protection technology includes the use of nano-ceramics and nano-steels to provide enhanced vehicle survivability at lower weight levels.
Textron Systems Canada brings the broad capabilities of Textron Systems’ operating units to Canadian customers. The company is currently focused on the Canadian Forces’ Tactical Armoured Patrol Vehicle program. More information is available at www.textrontapv.ca.
About Textron Marine & Land Systems
Textron Marine & Land Systems designs, produces and supports advanced wheeled combat vehicles and cutting-edge maritime craft used by U.S. and international armed forces, as well as civilian entities around the globe. Its family of Armored Security Vehicles offers enhanced survivability and highly mobile combat security vehicles with unmatched capabilities. Textron Marine & Land Systems’ innovative turret technology and related subsystems also deliver outstanding performance and reliability. Its strategic business, MillenWorks, operates an Engineering Center of Excellence with a reputation as a highly sought-after solution center, which designs and develops advanced mobility solutions for demanding on- and off-road applications. Textron Marine & Land Systems is an operating unit of Textron Systems. More information is available at www.textronmarineandland.com.
About Textron Systems
Textron Systems has been providing innovative solutions to the defense, homeland security and aerospace communities for more than 50 years. Headquartered in Wilmington, Mass., the company is known for its unmanned aircraft systems, advanced marine craft, armored vehicles, intelligent battlefield and surveillance systems, intelligence software solutions, precision smart weapons, piston engines, test and training systems, and total life cycle sustainment and operational services. Textron Systems includes AAI Logistics & Technical Services, AAI Test & Training, AAI Unmanned Aircraft Systems, Advanced Systems, Aerosonde, ESL Defence, Lycoming Engines, Medical Numerics, MillenWorks, Overwatch, Textron Defense Systems and Textron Marine & Land Systems. To serve Canadian customer requirements, the company established Ottawa-based Textron Systems Canada. More information is available at www.textronsystems.com.
About Textron Inc.
Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell Helicopter, Cessna Aircraft Company, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, and Textron Systems. More information is available at www.textron.com.
# # #
Certain statements in this press release are forward-looking statements which may project revenues or describe strategies, goals, outlook or other non-historical matters; these statements speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements. These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements, including, but not limited to, the following:
The risk that Textron’s proposal will not win the contract award;
Performance issues with key suppliers, subcontractors or business partners;
Changes in worldwide economic or political conditions that impact demand for our products, interest rates or foreign exchange rates; and
Changes in foreign military funding priorities or budget constraints and determinations, or changes in government regulations or policies on the export and import of military and commercial products.
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*This article is being posted from Toronto, Canada By DTN News ~ Defense-Technology News

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Thursday, September 01, 2011

DTN News - CANADIAN DEFENSE NEWS: Force Protection Submits Bid For Canada's Tactical Armoured Patrol Vehicle Project

DTN News - CANADIAN DEFENSE NEWS: Force Protection Submits Bid For Canada's Tactical Armoured Patrol Vehicle Project
(NSI News Source Info) TORONTO, Canada - September 1, 2011: Force Protection Industries, Inc., a FORCE PROTECTION, INC. (NASDAQ:FRPT - News) group company, today announced the submission of a bid and test vehicle to the Canadian Forces for the Tactical Armoured Patrol Vehicle (TAPV) project.
Force Protection is offering the Canadian Forces a 6x6 variant of the battle proven Cougar wheeled combat vehicle developed by Force Protection to meet the TAPV requirements. Force Protection will be the design authority and have overall responsibility for the acquisition contract to supply the TAPV vehicles and maintain configuration control.
As Force Protection's main Canadian partner, CAE will have overall responsibility for the comprehensive in-service support (ISS) solution, including: vehicle operator and mission training systems; engineering information environment; fleet management services; systems engineering support; and, lifecycle and integrated logistics support services. CAE will also be responsible for assembling a pan-Canadian team of companies to develop and support any country-specific requirements for Canada's replacement fleet of tactical armored patrol vehicles.
Force Protection and CAE previously announced a collaboration that includes Elbit Systems as the provider for a dual remote weapons system (DRWS) and Lockheed Martin Canada as the provider of C4ISR suite for the Timberwolf vehicle. Elbit Systems' Land and C4I DRWS was chosen based on its superior performance, reliability and ease of integration. Lockheed Martin Canada was chosen as the C4ISR integrator for Timberwolf based on its recognized capability in the development, production and support for integrated C4 systems.
Randy Hutcherson, Chief of Business Development for Force Protection, said, "Partnered with CAE, Force Protection is pleased to formally submit Timberwolf as the optimal solution for the TAPV project. Along with our key providers, we are committed to offering the Canadian Forces a highly-protected and reliable vehicle, as well as Industrial and Regional Benefits that will contribute to investment in Canadian industry and provide further experience and capability in the armored vehicle market."
A contract award to the final selected bidder for the TAPV requirement is currently expected by the second quarter of 2012.
About Force Protection, Inc.
Force Protection, Inc. is a leading designer, developer and manufacturer of survivability solutions, including blast- and ballistic-protected wheeled vehicles currently deployed by the U.S. military and its allies to support armed forces and security personnel in conflict zones. The Company's specialty vehicles, including the Buffalo, Cougar, Ocelot and the related variants of each, are designed specifically for reconnaissance and other operations and protect their occupants from landmines, hostile fire, and improvised explosive devices (commonly referred to as roadside bombs). Complementing these efforts, the Company is designing, developing and marketing the JAMMA, a new vehicle platform that provides increased modularity, transportability, speed and mobility. The Company also develops, manufactures, tests, delivers and supports products and services aimed at further enhancing the survivability of users against additional threats. In addition, the Company provides long-term life cycle support services of its vehicles that involve development of technical data packages, supply of spares, field and depot maintenance activities, assignment of skilled field service representatives, and advanced driver and maintenance training programs. For more information on Force Protection and its products and services, visit www.forceprotection.net.
Force Protection's Safe Harbor Statement
This press release contains forward looking statements that are not historical facts, including statements about our beliefs and expectations. These statements are based on beliefs and assumptions of Force Protection's management, and on information currently available to management. These forward-looking statements include, among other things: the growth, demand and interest for Force Protection's services and products, including the Cougar and Timberwolf; expectations for future programs and the related timing of proposals and awards; the ability to meet current and future requirements; the ability to drive manufacturing and operational efficiencies; and, the Company's execution of its business strategy, including its development initiatives and opportunities to broaden its platform. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statements. Examples of these factors include, but are not limited to, the ability to effectively manage the risks in the Company's business; the ability to win future awards and finalize contracts; and the other risk factors and cautionary statements listed in the Company's periodic reports filed with the Securities and Exchange Commission, including the risks set forth in the Company's Annual Report on Form 10-K for the year ended December 31, 2010 and Form 10-Q for the three and six months ended June 30, 2011.
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*This article is being posted from Toronto, Canada By DTN News ~ Defense-Technology News

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Monday, August 29, 2011

DTN News - CANADIAN DEFENSE NEWS: Oshkosh Defense Delivers Canadian TAPV For Government Testing

DTN News - CANADIAN DEFENSE NEWS: Oshkosh Defense Delivers Canadian TAPV For Government Testing
**Extensive DND testing to be carried out at Aberdeen Test Center
DTN Canada Source: DTN News - - This article compiled by Roger Smith from reliable sources Oshkosh
(NSI News Source Info) TORONTO, Canada / OSHKOSH, Wis. & OTTAWA, Ontario - August 29, 2011: Oshkosh Defense, a division of Oshkosh Corporation (NYSE:OSK), today delivered the Oshkosh Tactical Armoured Patrol Vehicle (TAPV) to Aberdeen Test Center in Maryland where the Canadian Department of National Defence (DND) will conduct mobility, survivability and weapons testing. Oshkosh Defense’s response to the TAPV solicitation was submitted to the Public Works and Government Services Canada (PWGSC) last week.
“Today, Oshkosh has delivered the best solution for the TAPV program including the most advanced military vehicle technologies and the finest Canadian-based sustainment services for the DND,” said Serge Buchakjian, senior vice president and general manager of International Programs for Oshkosh Defense. “Our TAPV is a fully integrated vehicle that is customized to the Canadian Force’s specific requirements, offering them the best-value solution. With our partners at General Dynamics Land Systems-Canada and Oshkosh Corporation's London Machinery, Inc., we can produce the vehicle in a way that creates considerable benefits for the Canadian economy for the next 25 years.”
The TAPV is intended to replace the Armoured Patrol Vehicle (APV) and the Coyote reconnaissance vehicle, to help ensure the Canadian Army remains capable of effective training, supporting domestic operations and sustaining deployed forces as part of the Canada First Defence Strategy. The Oshkosh TAPV, which is based on the company’s proven Mine-Resistant Ambush Protected All-Terrain Vehicle (M-ATV) platform, leverages a mission-proven chassis and the patented TAK-4® independent suspension system used on more than 20,000 military-class vehicles, which have proven highly-effective in some of the most extreme operating environments, including Afghanistan.
In independent testing conducted to date, the Oshkosh TAPV has undergone on- and off-road durability validation, successfully met ballistic and other survivability threat requirements (including the use of steel-pot method for NATO STANAG blast tests), and completed extensive live-fire demonstrations of the fully integrated dual Remote Weapon Station (RWS). The combination of these activities demonstrates the effectiveness, maturity and reliability of the Oshkosh TAPV.
Oshkosh Defense is teamed with General Dynamics Land Systems-Canada and Oshkosh Corporation subsidiary London Machinery, Inc. (LMI) in its bid for the TAPV program. General Dynamics Land Systems-Canada will provide in-country support and system integration. LMI will contribute local advanced manufacturing capabilities to assemble the vehicle, conduct subsystem integration and final acceptance testing, which will be performed by its highly skilled workforce.
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.
*Speaking Image - Creation of DTN News ~ Defense Technology News
*This article is being posted from Toronto, Canada By DTN News ~ Defense-Technology News

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Thursday, February 17, 2011

DTN News - DEFENSE NEWS: Oshkosh Defense Unveils TAPV Prototype And Plans For Canadian Operations To Support Military Vehicle Programs

DTN News - DEFENSE NEWS: Oshkosh Defense Unveils TAPV Prototype And Plans For Canadian Operations To Support Military Vehicle Programs
Source: DTN News - - This article compiled by Roger Smith from reliable sources Oshkosh
(NSI News Source Info) OSHKOSH, Wis. & LONDON, Ontario - February 17, 2011: Oshkosh Defense, a division of Oshkosh Corporation (NYSE:OSK), today unveiled its prototype for Canada’s Tactical Armoured Patrol Vehicle (TAPV) program, as well as the company’s plans to work with its subsidiary, London Machinery, Inc. (LMI), to leverage that company’s new facility in London, Ontario, in pursuit of Canadian Department of National Defence (DND) vehicle programs.

LMI, the leading manufacturer of concrete mixer trucks in London, Ontario, provides local advanced manufacturing capabilities and a highly skilled workforce to the Oshkosh Defense and General Dynamics Land Systems-Canada team’s bids for the TAPV and Medium Support Vehicle System (MSVS) programs.

“Our team has thoughtfully reviewed draft RFPs for the TAPV and MSVS programs, and we are aligning our operations to DND requirements for highly-protected vehicles and long-term maintenance and support for the vehicles,” said Andy Hove, Oshkosh Corporation executive vice president and president, Oshkosh Defense. “Our plans will deliver significant value to DND by leveraging proven technology and support capabilities while providing industrial and regional benefits to contribute to the Canadian economy.”

LMI, an Oshkosh Corporation subsidiary, is set to provide in-country manufacturing capabilities for both the TAPV and MSVS programs. The 140,000 square-foot LMI facility applies the latest manufacturing methods and quality processes to produce concrete mixer trucks for customers throughout North and South America. The LMI operation was designed with capacity for future programs and fosters an experienced workforce to support the TAPV and MSVS programs as well as a broad range of commercial and specialty vehicle programs.

“The Canadian content provided by LMI is in addition to the team’s commitment to perform the complete range of extensive systems integration and testing support for the vehicles at our company’s London, Ontario facility,” said Mark Roualet, president, General Dynamics Land Systems. “General Dynamics Land Systems-Canada also will provide in-country sustainment support.”

Oshkosh Defense and General Dynamics Land Systems-Canada teamed for the TAPV program, which will replace the Armoured Patrol Vehicle (APV) and the Coyote reconnaissance vehicle. The companies also are teamed up for the MSVS program, which will replace the Medium Logistics Vehicles, Wheeled (MLVW) fleet. The new programs will enhance the capabilities of the Canadian Forces with protected, high-performance vehicle fleets.

Oshkosh will serve as the prime contractor for both programs and will leverage proven vehicle platforms and advanced technologies for proposal submissions, including the MRAP All-Terrain Vehicle (M-ATV) and the Medium Tactical Vehicle Replacement (MTVR). Oshkosh Defense uses the services of Valley Associates to provide Canadian-based marketing and business development.

“From the start of our collaboration, the Oshkosh-General Dynamics Land Systems-Canada team has been dedicated to creating good jobs and lasting value to the Canadian economy,” Hove said. “We are continuing to demonstrate that dedication through investment commitments in London Machinery.”

The production work provided by LMI is in addition to the previously announced work scope being performed by General Dynamics Land Systems-Canada. On March 22, 2010, the team announced that General Dynamics will provide remote weapons system (RWS), command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR) integration and testing support for the vehicle as well as extensive logistics, training and technical manuals.

About London Machinery London Machinery Inc., a subsidiary of Oshkosh Corporation [NYSE: OSK], is a leading North American manufacturer of concrete mixer trucks. Products include Standard mixers, High-Performance mixers and Trailer mixers. In addition, London is Canada's exclusive sales and support source for McNeilus® refuse trucks, CON-E-CO® batch plants and Oshkosh® S-Series™ trucks. To learn more about London, visit www.lmi.ca.

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 General Dynamics Land Systems-Canada

General Dynamics Land Systems-Canada, located in London, Ontario, Canada, is a business unit of General Dynamics Land Systems of Sterling Heights, Mich. For 34 years, more than 2,200 highly skilled technical employees have designed, manufactured, delivered and supported to global customers a unique family of light armoured vehicles (LAV). More information on the company is available at www.gdlscanada.com. General Dynamics Land Systems is a business unit of General Dynamics (NYSE: GD). More information about General Dynamics is available at www.gd.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.

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 decrease in M-ATV production rates; the cyclical nature of the Company’s access equipment, commercial and fire & emergency markets, especially during periods of global economic weakness 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 expected level and timing of U.S. Department of Defense (DoD) procurement of products and services and funding thereof, especially in an environment when the U.S. government is operating under a Continuing Resolution budget action; risks related to reductions in government expenditures in light of U.S. defense budget pressures and an uncertain DoD tactical wheeled vehicle strategy; 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; the potential for commodity and other raw material costs to rise sharply, particularly in a future economic recovery; 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; risks related to work stoppages and other labor matters; the potential for disruptions or cost overruns in the Company’s global enterprise system implementation; the potential for increased costs relating to compliance with changes in laws and regulations; and risks related to disruptions in the Company’s distribution networks. 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.

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