OSHKOSH, Wis.--(BUSINESS WIRE)--
Oshkosh Defense, LLC, an Oshkosh Corporation (NYSE: OSK) company,
announced today that it has been awarded a $232.7 million delivery order
from the U.S. Army Tank-Automotive and Armaments Command (TACOM) to
recapitalize vehicles in the Army’s Family of Heavy Tactical Vehicles
(FHTV) fleet.
This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20190212005550/en/
Through recapitalization, vehicles are stripped to the frame rails, rebuilt to the latest configuration and returned to the fleet in zero-mile, zero-hour condition with the same technology, safety features, bumper-to-bumper warranty and life cycle cost advantage of a new vehicle. (Photo: Business Wire)
Under the contract, Oshkosh will recapitalize a total of 407 Heavy
Expanded Mobility Tactical Trucks (HEMTT) and Palletized Load System
(PLS) trucks as well as manufacture 601 new PLS trailers.
The HEMTT and PLS have been in the Army’s fleet since 1981 and 1990
respectively, and Oshkosh has been performing recapitalization services
on these vehicles since 1995.
“As the backbone of the U.S. Army’s resupply and distribution system,
the HEMTT and PLS vehicles are heavily relied on to carry munitions and
other critical supplies across all types of terrains and in all types of
environments,” said Pat Williams, Vice President and General Manager of
U.S. Army and Marine Corps Programs for Oshkosh Defense. “We are proud
that the U.S. Army has trusted Oshkosh to provide this cost-effective
recapitalization service for over 2 decades,” Williams continued. “As
the original equipment manufacturer, we know these vehicles inside and
out, and we are in the best position to quickly return them to field
operations in like-new condition.”
Through recapitalization, vehicles are stripped to the frame rails,
rebuilt to the latest configuration and returned to the fleet in
zero-mile, zero-hour condition with the same technology, safety
features, bumper-to-bumper warranty and life cycle cost advantage of a
new vehicle.
In total, Oshkosh has recapitalized over 12,500 HEMTTs and 3,000 PLS
trucks since 1995.
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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190212005550/en/
Alexandra Hittle, Sr. Manager, Marketing and Communications
920-410-1929
ahittle@defense.oshkoshcorp.com
Source: Oshkosh Defense, LLC