OSHKOSH, Wis.--(BUSINESS WIRE)--
Oshkosh Defense, LLC, an Oshkosh Corporation (NYSE:OSK) company,
announced today that the U.S. Army Tank-automotive and Armaments Command
(TACOM) Life Cycle Management Command (LCMC) has announced an
administrative modification to the Family of Medium Tactical Vehicles
(FMTV) A1P2 requirements contract with Oshkosh, to establish the eighth,
ninth and tenth Order Years’ pricing under the contract, at an estimated
value of $466 million. This administrative modification authorizes
future orders under the FMTV A1P2 contract through August 25, 2019.
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The Oshkosh FMTV delivers unprecedented durability and reliability while meeting the demands of the mission. (Photo: Business Wire)
Oshkosh Defense also announced that TACOM placed an order for 1,065 FMTV
vehicles at a value of $260.1 million under Order Year 8.
“The highly successful FMTV A1P2 program is a prime example of Oshkosh
partnering with the U.S. Army to deliver high quality vehicles while
meeting cost, performance, and schedule objectives,” said Pat Williams,
Oshkosh Defense Vice President and General Manager of Army and Marine
Corps programs. “We are pleased to continue our service to the U.S. Army
in delivering the A1P2 requirements to the U.S. Army and its NATO and
International allies.”
Oshkosh Defense was first awarded the FMTV contract by the U.S. Army in
2009 and, to date, has delivered more than 35,700 FMTV trucks and
trailers.
About Oshkosh Defense
Oshkosh Defense is a leading provider of tactical wheeled vehicles and
life cycle sustainment services. For decades Oshkosh has been mobilizing
military and security forces around the globe by offering a full
portfolio of heavy, medium, light and highly protected military vehicles
to support our customers’ missions. In addition, Oshkosh offers advanced
technologies and vehicle components such as TAK-4® independent
suspension systems, TerraMax® unmanned ground vehicle solutions, Command
Zone™ integrated control and diagnostics system, and ProPulse® diesel
electric and on-board vehicle power solutions, to provide our customers
with a technical edge as they fulfill their missions. Every Oshkosh
vehicle is backed by a team of defense industry experts and complete
range of sustainment and training services to optimize fleet readiness
and performance. Oshkosh Defense, LLC is an Oshkosh Corporation company
[NYSE: OSK].
To learn more about Oshkosh Defense, please visit us at www.oshkoshdefense.com.
About Oshkosh Corporation
Founded in 1917, Oshkosh Corporation is celebrating 100 years of
business and making a difference in people’s lives in 2017. Oshkosh is a
global leader in designing and manufacturing a broad range of access
equipment, commercial, fire & emergency, military and specialty vehicles
and vehicle bodies. Oshkosh Corporation manufactures, distributes and
services products under the brands of Oshkosh®, JLG®, Pierce®,
McNeilus®, Jerr-Dan®, Frontline™, CON-E-CO®, London® and IMT®. Since the
Company’s humble beginnings, Oshkosh has grown in size and global
footprint. Today, Oshkosh products can be found in more than 150
countries and are recognized around the world for quality, durability
and innovation. Oshkosh Corporation is a different integrated global
industrial committed to making a difference for customers, shareholders,
our communities and the environment. For more information, please 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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170921005753/en/
Oshkosh Defense, LLC
Alexandra Hittle, Sr. Manager, Global Branding
and Communications
920-410-1929
ahittle@defense.oshkoshcorp.com
Source: Oshkosh Defense, LLC