Oshkosh
Defense, a division of Oshkosh Corporation (NYSE: OSK), will unveil
its new MRAP All-Terrain Vehicle (M-ATV)
variants to military leaders and dignitaries from around the world at Eurosatory
2014 in Paris, starting today through June 20. Oshkosh has expanded
its combat-proven M-ATV Family of Vehicles to serve a spectrum of
mission requirements and needs for armed forces around the world.
“Our M-ATVs provide extreme off-road mobility and are consistently
selected as the MRAP of choice by leading militaries for a full range of
missions,” said U.S. Army Major General (retired), John Urias, Oshkosh
Corporation executive vice president and president of Oshkosh Defense.
“We’ve worked closely with our customers to develop, test and produce
our new M-ATV variants – each one equipped for a specific mission
profile with specialized functionality to support the most challenging
operations you can imagine.”
Expanded M-ATV Family of Vehicles
The global M-ATV Family of Vehicles includes two multi-mission models –
the M-ATV Standard and M-ATV Extended – with many variants. The M-ATV
Standard model provides response and support capabilities for a range of
offensive and defensive missions in off-road environments. The M-ATV
Extended model delivers increased capacity for additional troops and
equipment to support a wider assortment of mission profiles, such as
mounted infantry support, explosive ordnance support and
command-and-control.
The M-ATV Family of Vehicles includes:
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M-ATV Standard Base (SXB)
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M-ATV Standard Upgrade (SXU)
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M-ATV Standard Special Forces (SXF)
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M-ATV Extended Intervention (EXI)
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M-ATV Extended Engineer (EXE)
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M-ATV Extended Command (EXC)
All Oshkosh® M-ATVs deliver the industry’s highest level of off-road
performance and feature common components, such as the Oshkosh TAK-4®
independent suspension and integrated crew protection systems. The M-ATV
platform meets a wide range of protection, performance, payload and
transportability requirements for peacekeeping, internal security,
border security, special operations, counterinsurgency and conventional
military operations.
Oshkosh L-ATV on Display
Oshkosh Defense also will have its Light Combat Tactical All-Terrain
Vehicle (L-ATV)
on display at Eurosatory 2014. The L-ATV meets a global need for a new
level of protected mobility for a light vehicle and replaces decades-old
vehicle fleets that lack protection capabilities against today’s most
significant threats, including improvised explosive devices (IEDs) and
rocket-propelled grenades.
The Oshkosh L-ATV platform was selected for the U.S. Joint Light
Tactical Vehicle (JLTV) program’s current Engineering, Manufacturing and
Development (EMD) phase and is undergoing rigorous U.S. Government
testing. The JLTV program will fill the current tactical wheeled-vehicle
capability gap between larger MRAP vehicles and the aging High-Mobility
Multipurpose Wheeled Vehicles (HMMWV) fleet.
The Oshkosh L-ATV uses the company’s proprietary TAK-4i intelligent
independent suspension system to deliver 25 percent improved wheel
travel. Based on extensive testing that represents 85 percent of the
Earth's terrain, the L-ATV is proven to perform at speeds 70 percent
faster than traditional MRAP vehicles in off-road environments.
Exhibit Information
The Oshkosh M-ATV SXF variant and L-ATV Base variant, in addition to an
integrated product support (IPS) kiosk showcasing Oshkosh’s vast support
services will be showcased on-site at Eurosatory in Hall 5 at Booth
D657. Leaders will be available to discuss the vehicles and the
company’s broader portfolio of technologies and services.
There will also be live demonstrations of Oshkosh TerraMax® UGV
technology on an M-ATV SXB
variant equipped with a mine roller at 10:30 a.m. and 3 p.m. Monday
through Friday during the show outside of the Paris Nord Villepinte
Exhibition Centre.
About Oshkosh Defense
Oshkosh Defense is a leading provider of tactical wheeled vehicles and
life cycle sustainment services. For more than 90 years, 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.
To learn more about Oshkosh Defense, please visit us at 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®,
Jerr-Dan®, Frontline™, 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, 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. These factors include the cyclical nature of the Company’s
access equipment, commercial and fire & emergency markets, which are
particularly impacted by the pace of U.S. and European economic
recoveries; the strength of emerging market growth and projected
adoption rate of work at height machinery; the expected level and timing
of DoD and international defense customer procurement of products and
services and funding thereof; risks related to reductions in government
expenditures in light of U.S. defense budget pressures, sequestration
and an uncertain DoD tactical wheeled vehicle strategy, including the
Company’s ability to successfully manage the cost reductions required as
a result of lower customer orders in the defense segment; the Company’s
ability to win a U.S. Joint Light Tactical Vehicle production contract
award; the Company’s ability to increase prices to raise margins or
offset higher input costs; increasing commodity and other raw material
costs, particularly in a sustained economic recovery; risks related to
facilities consolidation and alignment, including the amounts of related
costs and charges and that anticipated cost savings may not be achieved;
the duration of the ongoing global economic uncertainty, 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; 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 Company’s ability to comply with complex laws and regulations
applicable to U.S. government contractors; the impact of severe weather
or natural disasters that may affect either the Company, the Company’s
suppliers or its customers; the impact of cyber security risk and costs
of defending against, mitigating and responding to a data security
breach; and risks related to 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, including the Form 8-K. 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.
Copyright Business Wire 2014