Oshkosh
Defense, a division of Oshkosh Corporation (NYSE: OSK), is
introducing new Mine-Resistant, Ambush Protected (MRAP) All-Terrain
Vehicle (M-ATV)
variants at the Special Operations Forces Exhibition & Conference
(SOFEX), taking place May 5-8 in Amman, Jordan. Oshkosh is evolving the
combat-proven M-ATV family of vehicles to meet a more diverse range of
mission requirements and needs for armed forces in the Middle East,
North Africa region, and around the world.
The Oshkosh M-ATV family of vehicles combines the industry's most effective battle-proven technologies with the automotive performance and crew protection necessary to support troops anywhere the mission requires. Pictured from left, Oshkosh Defense M-ATV Extended Intervention (EXI), Extended Engineer (EXE), Extended Command (EXC), and Standard Special Forces (SXF) vehicles. (Photo: Business Wire)
The expanded global M-ATV family of vehicles includes two multi-mission
models – the M-ATV Standard and M-ATV Extended, each with multiple
variants. The M-ATV Standard is designed to provide response and support
capabilities for a range of offensive and defensive missions in off-road
environments. The M-ATV Extended 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. Variants include:
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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 M-ATVs deliver industry gold standard off-road performance and
feature common components, such as the Oshkosh TAK-4®
independent suspension system, and offer integrated cab crew protection.
Collectively, the family meets a wider range of protection, performance,
payload and transportability requirements for peacekeeping, internal
security, border security, special forces, counterinsurgency and
conventional military operations.
“The Oshkosh M-ATV already stands alone as the battle-tested, highly
mobile MRAP of choice for a full range of missions,” said John Urias,
Oshkosh Corporation executive vice president and president of Oshkosh
Defense. “Our new M-ATV variants expand on this life-saving platform to
address a more diverse mix of mission profiles and specialized
functionality, threat levels and cost targets, so troops get the vehicle
that’s right for their specific needs.”
The latest generation Oshkosh M-ATV will be on display at SOFEX 2014.
The M-ATV has been in service with U.S. Forces since 2009 to meet an
urgent need for a lighter, more mobile MRAP vehicle. The global M-ATV
family of vehicles are configured to perform in various mission
profiles, in a standard or extended wheel base.
Oshkosh Defense’s unique systems
integration processes and expertise allows command, control,
communications and computer (C4) equipment for the M-ATV to be
integrated at the vehicle design stage. A “first-pass” approach helps
optimize ergonomics, reduce system interference and minimize costs.
Oshkosh also offers the full range of sustainment services through its
Integrated Product Support (IPS)
group to support everything from M-ATV training and technical manuals to
maintenance and parts support.
To date, Oshkosh Defense has received orders for nearly 10,000 M-ATVs
from the U.S. military and Middle East armed forces, including the
United Arab Emirates and Kingdom of Saudi Arabia.
L-ATV on Display
Oshkosh Defense also will have its Light Combat Tactical All-Terrain
Vehicle (L-ATV)
on display at SOFEX 2014. Oshkosh designed the L-ATV to meet a global
need for a new level of protected mobility for a light vehicle and to
replace decades-old light vehicle fleets that lack protection
capabilities against today’s most significant threats, including
improvised explosive devices (IEDs) and rocket-propelled grenades (RPGs).
The Oshkosh L-ATV uses the TAK-4i intelligent independent
suspension system to enable 25 percent improved wheel travel and 70
percent improved speeds in off-road terrain compared to today’s
best-performing MRAP vehicles in off-road environments.
The Oshkosh L-ATV was selected for the U.S. Joint Light Tactical Vehicle
(JLTV) program’s current phase and is undergoing rigorous U.S.
Government testing. The JLTV is expected to fill the current tactical
wheeled vehicle capability gap between MRAP vehicles and the aging
High-Mobility Multipurpose Wheeled Vehicles (HMMWV) fleet.
Oshkosh leadership will be available to discuss the expanded Oshkosh
Global M-ATV family of vehicles and the Oshkosh L-ATV, C4I and systems
integration capabilities, as well as the company’s broad portfolio of
vehicles, technologies and services, at SOFEX booth #A604.
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 to 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. 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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