Oshkosh Defense Supports Injured Veterans With ‘Honoring America’s Wounded Warriors’ Sponsorship

OSHKOSH, Wis. (March 30, 2011) — Oshkosh Defense, a division of Oshkosh Corporation (NYSE:OSK), is supporting the Wounded Warrior Disabled Sports Project (WWDSP), a partnership between Disabled Sports USA (DSUSA) and the Wounded Warrior Project (WWP) as a sponsor of their annual dinner event, Honoring America’s Wounded Warriors, held March 31 at the Intrepid Sea, Air & Space Museum in New York City. This event raises awareness about the WWDSP – which provides sports programs for severely wounded service members.

“Many of us at Oshkosh have served in the military and appreciate what our service members are capable of accomplishing in the face of severe adversity, on or off the battlefield,” said Andy Hove, Oshkosh Corporation executive vice president and president of Oshkosh Defense. “We know firsthand that wounded warriors can return to active and productive lives after sustaining major injuries, and it’s important to us that they have support to work toward that goal. The WWDSP plays a vital role in the recovery process by supporting the rehabilitation of military members and building their confidence through active sports programs.”

The WWDSP’s more than 500 events in 20 different sports have helped rebuild the lives of more than 3,700 severely wounded warriors and families since 2003. The project provides year-round programs at no cost to the service members or their families. The sports programs include individualized instruction by trained adaptive sports instructors, adaptive sports equipment, meals, lodging, transportation and event fees.

“Oshkosh Defense’s continued support of the Wounded Warrior Disabled Sports Project has enabled Disabled Sports USA to provide severely wounded warriors sports rehabilitation programs. The wounded warriors are excelling at life with increased fitness, employment and social integration, thanks to their involvement in sports” said Kirk Bauer, JD, executive director of Disabled Sports USA and a disabled Vietnam veteran.

Oshkosh Defense has a long-standing history of supporting military members, both in the field and when they return, and their families through charitable giving and program support. The company has partnered with organizations such as Fisher House, USO, Tragedy Assistance Program for Survivors (TAPS), Armed Forces Foundation (AFF), Our Military Kids and others. Oshkosh also recruits and employs more than 300 active-duty and retired military members.

About Disabled Sports USA

Founded in 1967 by disabled Vietnam veterans, Disabled Sports USA (DSUSA) provides opportunities for individuals with disabilities to rebuild their lives through sports, recreation and educational programs. DSUSA is a national multi-sport, multi-disability organization serving more than 60,000 youth and adults annually. A member of the U.S. Olympic Committee, DSUSA offers programs through its nationwide network of over 100 community-based chapters operating in 37 states. For schedules and additional information, visit www.dsusa.org or call (301) 217-9840. DSUSA is a member of the Combined Federal Campaign number: 10151.

About Oshkosh Defense

Oshkosh Defense, a division of Oshkosh Corporation, is an industry-leading global designer and manufacturer of tactical military trucks and armored wheeled vehicles, delivering a full product line of conventional and hybrid vehicles, advanced armor options, proprietary suspensions and vehicles with payloads that can exceed 70 tons. Oshkosh Defense provides a global service and supply network including full life-cycle support and remanufacturing, and its vehicles are recognized the world over for superior performance, reliability and protection. For more information, visit www.oshkoshdefense.com.

About Oshkosh Corporation

Oshkosh Corporation is a leading designer, manufacturer and marketer of a broad range of specialty access equipment, commercial, fire & emergency and military vehicles and vehicle bodies. Oshkosh Corporation manufactures, distributes and services products under the brands of Oshkosh®, JLG®, Pierce®, McNeilus®, Medtec®, Jerr-Dan®, Oshkosh Specialty Vehicles, Frontline™, SMIT™, CON-E-CO®, London® and IMT®. Oshkosh products are valued worldwide in businesses where high quality, superior performance, rugged reliability and long-term value are paramount.  For more information, 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 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 the impact on revenues and margins of the decrease in M-ATV production rates; the cyclical nature of the Company’s access equipment, commercial and fire & emergency markets, especially during periods of global economic weakness and tight credit markets; the Company’s ability to produce vehicles under the FMTV contract at targeted margins; the duration of the ongoing global economic weakness, which could lead to additional impairment charges related to many of the Company’s intangible assets and/or a slower recovery in the Company’s cyclical businesses than equity market expectations; the expected level and timing of U.S. Department of Defense (DoD) procurement of products and services and funding thereof, especially in an environment when the U.S. government is operating under a Continuing Resolution budget action; risks related to reductions in government expenditures in light of U.S. defense budget pressures and an uncertain DoD tactical wheeled vehicle strategy; the potential for the U.S. government to competitively bid the Company’s Army and Marine Corps contracts; the consequences of financial leverage, which could limit the Company’s ability to pursue various opportunities; the potential for commodity and other raw material costs to rise sharply, particularly in a future economic recovery; risks related to costs and charges as a result of facilities consolidation and alignment, including that anticipated cost savings may not be achieved; risks related to the collectability of receivables, particularly for those businesses with exposure to construction markets; the cost of any warranty campaigns related to the Company’s products; risks related to production delays arising from supplier quality or production issues; risks associated with international operations and sales, including foreign currency fluctuations and compliance with the Foreign Corrupt Practices Act; risks related to work stoppages and other labor matters; the potential for disruptions or cost overruns in the Company’s global enterprise system implementation; the potential for increased costs relating to compliance with changes in laws and regulations; and risks related to disruptions in the Company’s distribution networks. 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 press release. The Company assumes no obligation, and disclaims any obligation, to update information contained in this press 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.