Oshkosh Defense, LLC, an Oshkosh Corporation (NYSE: OSK)
company, announced today that it has been awarded multiple delivery
orders from the U.S. Army Tank-Automotive and Armaments Command
(TACOM) to recapitalize its Family of Heavy Tactical Vehicles
(FHTV). Oshkosh will bring the Army’s fleet of Heavy Expanded
Mobility Tactical Trucks (HEMTT) and Palletized Load Systems (PLS)
to its latest model configuration and the same zero-mile, zero-hour
condition as new production vehicles.
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Through recapitalization, heavily used
vehicles are returned to Oshkosh, stripped to the frame rails and
completely rebuilt to like-new condition (Photo: Business Wire)
Overall, the awards are valued at more than $258 million for the
recapitalization of 670 vehicles and the production of an
additional 356 accompanying trailers. All work performed under the
contract will be completed in Oshkosh, Wisconsin, with deliveries
beginning in December of 2017.
“Through recapitalization, heavily operated and utilized
vehicles are returned to Oshkosh, stripped to the frame rails and
completely rebuilt to like-new condition,” said Patrick Williams,
Oshkosh Defense vice president and general manager of U.S. Army and
Marine Corps programs. “As the original equipment manufacturer, our
recapitalization services offer significant cost savings by
returning vintage vehicles to current operational readiness with
the same performance and life cycle cost advantages as a new
vehicle.”
Recapitalized vehicles are assembled on the same production line
as new vehicles, and put through the same extensive performance
tests and inspection procedures as new vehicles. The vehicles also
receive the latest technology and safety upgrades and are delivered
with a new bumper-to-bumper warranty.
The U.S. Army’s Heavy Vehicle Fleet
With a 13-ton payload and multiple variants for a wide range of
operations, the HEMTT is the backbone of the Army’s logistics
fleet. Oshkosh’s latest configuration, the HEMTT A4, brings
significant improvements in power, maintenance and safety to the
battlefield, traversing even the most challenging environments
easier and more efficiently. The Oshkosh PLS supports the Army’s
distribution and resupply system by providing unparalleled
performance for loading, unloading and delivering ammunition and
other critical supplies needed in battle. The PLS carries a wide
range of cargo, and is specially designed to load and unload a
variety of flat rack or ISO compatible containers on its own. The
latest configurations of FHTV trucks also include air-conditioned
and armor-ready cabs, electrical upgrades, and anti-lock braking to
keep soldiers safe.
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 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 around the globe. 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.
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.
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version on businesswire.com: http://www.businesswire.com/news/home/20170418005821/en/
Oshkosh Defense, LLCAlexandra Hittle, Sr. Manager, Global
Branding and
Communications920.410.1929ahittle@defense.oshkoshcorp.com
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