Oshkosh Defense Receives $407.3 Million Order for Joint Light Tactical Vehicles
February 17 2020 - 6:16AM
Business Wire
Oshkosh Defense, LLC, an Oshkosh Corporation (NYSE: OSK)
company, announced today that the U.S. Army Contracting Command –
Detroit Arsenal has placed an order for 1,240 Joint Light Tactical
Vehicles (JLTVs) and associated kits.
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This order includes JLTVs for the U.S. Marine Corps (USMC),
Slovenia and Lithuania and kits for the U.S. Army, USMC, Slovenia
and Lithuania.
“We work side-by-side with the Joint Program Office to give the
military the necessary technological edge to compete with and
defeat the most advanced adversaries,” said George Mansfield, vice
president and general manager of joint programs for Oshkosh
Defense. “Without sacrificing mobility or transportability, the
JLTV can accommodate over 100 mission package configurations, a
true testament to its agility and modularity.”
The Oshkosh JLTV is the only light tactical vehicle with the
protection and extreme off-road mobility to maneuver with combat
formations against great power adversaries. The vehicle's digital
architecture allows incorporation of advances in weapons, lasers,
sensors, networking, and communications. It is designed to meet the
requirements for the threats faced today and the decades to
come.
Additionally, foreign interest in the highly capable JLTV
platform continues to grow. The award includes orders for JLTVs to
Slovenia and JLTVs to Lithuania through the Foreign Military Sales
(FMS) process.
“We are proud of our vehicle and proud of this program,”
continued Mansfield. “The JLTV stands out as one of the few major
programs delivering on its promises – it is on time, on budget, and
delivering against all program requirements. Our mission is to
enable the brave men and women of our Armed Forces and our allies
to complete their missions and return home safely.”
About Oshkosh Defense
Oshkosh Defense is a global leader in the design, production and
sustainment of best-in-class military vehicles and mobility
systems. As a pioneer of combat-ready vehicle solutions, Oshkosh
develops and applies emerging technologies that advance troop
safety and mission success. Setting the industry standard for
sustaining fleet readiness, Oshkosh ensures every solution is
supported worldwide throughout its entire life cycle.
Oshkosh Defense, LLC is an Oshkosh Corporation company [NYSE:
OSK].
Learn more about Oshkosh Defense at www.oshkoshdefense.com
About Oshkosh Corporation
At Oshkosh (NYSE: OSK), we make innovative, mission-critical
equipment to help everyday heroes advance communities around the
world. Headquartered in Wisconsin, Oshkosh Corporation employs more
than 15,000 team members worldwide, all united behind a common
cause: to make a difference in people’s lives. Oshkosh products can
be found in more than 150 countries under the brands of JLG®,
Pierce®, Oshkosh® Defense, McNeilus®, IMT®, Frontline™, Jerr-Dan®,
Oshkosh® Airport Products, CON-E-CO® and London™. For more
information, visit oshkoshcorp.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.
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version on businesswire.com: https://www.businesswire.com/news/home/20200217005131/en/
Alexandra Hittle, Sr. Manager, Global Marketing and
Communications 920-410-1929 ahittle@defense.oshkoshcorp.com
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