Oshkosh
Defense, LLC, an Oshkosh Corporation (NYSE: OSK) company, today will
begin the Production and Deployment Phase of the P-19 Replacement (P-19R)
Aircraft Rescue Fire Fighting (ARFF) vehicle program for the U.S. Marine
Corps. Oshkosh was awarded the P-19R contract in May 2013 and has since
successfully completed all required government development testing and
evaluation and readiness reviews required to move the program through
Milestone C approval and into Low Rate Initial Production (LRIP).
Oshkosh achieves another on-time, on-budget program for the U.S. Marine Corps with its P-19R ARFF vehicle. (Photo: Business Wire)
Oshkosh was awarded a delivery order under the P-19R contract to supply
the first LRIP vehicles to support Production Verification Testing
(PVT). Oshkosh will begin P-19R production this month with vehicles
slated for delivery to PVT beginning in November 2015.
The P-19R contract awarded to Oshkosh extends through 2018 with the
purpose of replacing the P-19A fleet, which was first fielded in 1984
and is reaching the end of its service life. The next-generation P-19R
will give Marines greater off-road capability, speed and
transportability for a full range of firefighting missions.
“The Oshkosh P-19R is backed by our company’s unique combination of
industry leading off-road military vehicle and ARFF expertise, providing
Marines with the latest innovative technology whether they’re at a
military base or an expeditionary airfield,” said John Bryant, senior
vice president of defense programs for Oshkosh Defense. “Consistent with
our strong track record of delivering programs on-schedule and
on-budget, we’re proud to deliver the new P-19R capabilities and safety
that Marines need for future fire-emergency missions.”
The P-19R vehicle is the reliable, state-of-the-art solution built to
help firefighting crews effectively respond and carry out the mission.
The P-19R delivers unprecedented levels of performance and acceleration
with its 600 horsepower engine that allows for speeds up to 70 mph. It
is crucial that Marines have the ability to respond quickly to missions
regardless of off-road or on-road environments.
The Oshkosh® P-19R achieves “gold standard” performance in
off-road environments with the Oshkosh’s TAK-4®
independent suspension system. This technology has been used on more
than 20,000 military-class vehicles, and delivers 16 inches of
independent wheel travel to provide greater all-terrain performance for
off-runway emergencies. In addition, the TAK-4 system provides the
payload capacity needed to carry 1,000 gallons of water, 130 gallons of
foam agent, and 500 lbs of Halotron auxiliary firefighting agent. The
roof and bumper turrets combined, will discharge up to 750 gallons per
minute.
In addition to TAK-4, the Oshkosh P-19R is equipped with Oshkosh’s
Command Zone™, an integrated control and diagnostics system. This
fully-automated system provides access to vital vehicle information, and
allows Marines to repair and troubleshoot vehicles, view real-time
performance data and remotely access diagnostics information. The P-19R
is also outfitted with advanced Striker® firefighting systems
from Oshkosh Airport Products Group, the industry-leading ARFF vehicle
producer.
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
Oshkosh Corporation is a leading designer, manufacturer and marketer of
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®. Oshkosh products are valued worldwide by rental
companies, concrete placement and refuse businesses, fire & emergency
departments, municipal and airport services and defense forces, 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 cyclical nature of the Company’s
access equipment, commercial and fire & emergency markets, which are
particularly impacted by the strength of U.S. and European economies;
the strength of emerging market growth and projected adoption rates 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 and
international defense contract awards; 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 expansion, consolidation
and alignment, including the amounts of related costs and charges and
that anticipated cost savings may not be achieved; 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 the
Company, its suppliers or its customers; cyber security risks 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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