Oshkosh FMTV A2 Order Supports U.S. Army Modernization Efforts
September 12 2024 - 7:30AM
Business Wire
Oshkosh Defense, LLC, an Oshkosh Corporation (NYSE: OSK)
company, announced today that U.S. Army Contracting Command –
Detroit Arsenal (ACC-DTA) placed a $72.9 million order for
additional Family of Medium Tactical Vehicles (FMTV) A2. As a
leading tactical vehicle manufacturer, this order further
strengthens Oshkosh’s ongoing support of the U.S. Army
modernization strategy and mission readiness.
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Oshkosh Defense FMTV A2 Cargo 4x4 (Photo:
Business Wire)
Building on Oshkosh’s long-standing partnership with the U.S.
Army, this order provides cutting-edge, next generation military
vehicles. This is Oshkosh’s fourth FMTV A2 order this year,
including a $108.9 million order in May 2024 for the US Military
and its international partners. Known for its versatility,
adaptability, and reliability, the FMTV A2 is a critical component
in supporting the Army’s operational and logistical needs in
various terrains and mission sets.
“The FMTV A2 demonstrates Oshkosh’s engineering innovation and
manufacturing expertise to design vehicles that adapt to dynamic
mission demands and surpass performance requirements,” said Pat
Williams, chief programs officer at Oshkosh Defense. “We are
honored to contribute to the Army’s modernization efforts and
deliver the most advanced tactical vehicles to support evolving
missions while enhancing the safety and effectiveness of our
Soldiers.”
Oshkosh Defense continues to work closely with the U.S. Army to
prepare for initial fielding in Q4 2024. To date, Oshkosh has
received orders for 2,677 FMTV A2s, reflecting the Army’s
confidence in Oshkosh’s proven reliability and innovative approach
to vehicle design.
About Oshkosh Defense
Oshkosh Defense is a global leader in the design, production and
sustainment of best-in-class military vehicles, technology
solutions and mobility systems. Oshkosh develops and applies
emerging technologies that advance 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 business [NYSE:
OSK]. Learn more about Oshkosh Defense at
https://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 over
18,000 team members worldwide, all united behind a common purpose:
to make a difference in people’s lives. Oshkosh products can be
found in more than 150 countries under the brands of JLG®, Pierce®,
MAXIMETAL, Oshkosh® S-Series™, Oshkosh® Defense, McNeilus®, IMT®,
Jerr-Dan®, Frontline™ Communications, Oshkosh® Airport Products,
Oshkosh AeroTech™ and Pratt Miller. 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 news 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 news 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 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 news release. The Company assumes
no obligation, and disclaims any obligation, to update information
contained in this news 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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version on businesswire.com: https://www.businesswire.com/news/home/20240912072292/en/
Alexandra Hittle, Director, Global Marketing &
Communications 920-410-1929 ahittle@defense.oshkoshcorp.com
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