OSHKOSH, Wis.--(BUSINESS WIRE)--
Oshkosh Defense, LLC, an Oshkosh Corporation (NYSE: OSK) company,
announced today that the U.S. Army has placed a $1.69 billion order for
6,107 Joint Light Tactical Vehicles (JLTV) and associated installed and
packaged kits. Today’s delivery order marks the tenth order under the
contract that was awarded to Oshkosh in August 2015.
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Enhanced protection and extreme mobility both off-road and in dense urban terrain. (Photo: Business Wire)
“The JLTV is engineered with industry leading suspension and protection
systems, as well as the ability to support a spectrum of mission kits
and weapon systems required for the modern battlefield,” said George
Mansfield, Vice President and General Manager of Joint Programs at
Oshkosh Defense. “This vehicle represents a technological leap forward
that provides enhanced protection and extreme mobility both off-road and
in dense urban terrain.”
To date, Oshkosh has delivered more than 2,600 vehicles. Oshkosh expects
a Full Rate Production (FRP) decision in December 2018, followed by
first Army unit equipped in early 2019.
“The JLTV also features a VICTORY compliant modular, scalable, open
architecture system to support rapidly evolving C4ISR suites,” Mansfield
continued. “This provides our Soldiers and Marines a vehicle that is
capable of serving as a mobile command center. Today, other vehicles
with this level of C4ISR capability are much larger, with little
mobility.”
The JLTV fills a critical capability gap for the U.S. Army and Marine
Corps by replacing a large portion of the legacy uparmored HMMWV fleet
with a modern light protected vehicle.
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 more than 100 years strong and
continues to make a difference in people’s lives. Oshkosh brings
together a unique set of integrated capabilities and diverse end markets
that, when combined with the Company’s MOVE strategy and positive
long-term outlook, illustrate why Oshkosh is a different integrated
global industrial. The Company is a leader in designing, manufacturing
and servicing a broad range of access equipment, commercial, fire &
emergency, military and specialty vehicles and vehicle bodies under the
brands of Oshkosh®, JLG®, Pierce®, McNeilus®, Jerr-Dan®, Frontline™,
CON-E-CO®, London® and IMT®.
Today, Oshkosh Corporation is a Fortune 500 Company with manufacturing
operations on four continents. Its products are recognized around the
world for quality, durability and innovation and can be found in more
than 150 countries. As a different integrated global industrial, Oshkosh
is committed to making a difference for team members, customers,
shareholders, communities and the environment. For more information,
please 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 guaranteeing 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.
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Oshkosh Defense
Alexandra Hittle, Sr. Manager, Global Branding and
Communications
920-410-1929
ahittle@defense.oshkoshcorp.com
Source: Oshkosh Defense