U.S. Army Extends FMTV Contract Pricing and Awards Oshkosh $260.1 Million Order
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.
Oshkosh Defense, LLC
Alexandra Hittle, Sr. Manager, Global Branding and Communications
920-410-1929
ahittle@defense.oshkoshcorp.com
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