Oshkosh Defense Demonstrates M-ATV Family of Vehicles at Eurosatory 2012
M-ATV variants to be featured in live demonstrations and on display at the Oshkosh booth
OSHKOSH, Wis. (June 6, 2012) — Attendees at Eurosatory 2012, June 11-15 in Paris, will have an opportunity to witness the Oshkosh MRAP All-Terrain Vehicle (M-ATV), which has set the standard for well-protected, highly mobile tactical military vehicles since first being fielded in Afghanistan in 2009. Oshkosh Defense, a division of Oshkosh Corporation (NYSE:OSK), will be showcasing the Oshkosh M-ATV’s performance capabilities when an M-ATV Tactical Ambulance takes part in the show’s live vehicle and technology demonstrations.
Live demonstrations open to all conference attendees will take place at the Eurosatory demo course at 10:30 a.m. Monday and Friday, and at 10:30 a.m. and 3 p.m. Tuesday through Thursday of show week. In addition to the live demos, Oshkosh will be exhibiting its M-ATV Special Forces Vehicle (SFV) at its booth #J619 in Hall 6.
“The M-ATV platform has provided exceptional off-road mobility and crew protection to coalition forces in Afghanistan, and we look forward to showing what this highly capable variant can do at Eurosatory,” said Serge Buchakjian, senior vice president and general manager of International Programs for Oshkosh Defense. “Attendees will have an opportunity to see in person how the M-ATV Tactical Ambulance’s unique capabilities can best serve military medics and handle fast and easy loading of patients for safe recovery and evacuation on the battlefield.”
Part of the M-ATV family of vehicles, the M-ATV Tactical Ambulance is built to meet an international need for a more protected battlefield ambulance that can travel more extensively off-road. Oshkosh worked closely with military medical professionals on the vehicle’s design and interior layout. The fully functional ambulance will help military medics reach and treat casualties in hostile environments across rugged terrain. It allows for prompt extraction and treatment of patients when every moment counts, and has mounting provisions that provide options for a complete suite of medical equipment.
The M-ATV SFV, on display at Oshkosh’s booth, delivers the M-ATV platform’s best-in-class off-road mobility and high levels of protection with alterations specific to the needs of special forces. These include a modified cargo deck, intended to accept specialized equipment based on each mission’s requirements, and larger front windscreens for increased visibility. Oshkosh has received awards to date for nearly 8,700 M-ATVs, including more than 460 SFV variants.
Oshkosh has more than 90 years of experience designing, manufacturing and sustaining world-class vehicles for governments, militaries and special forces units around the world. The company uses a collaborative, integrated approach to meet customers’ needs, from vehicle design and production to training and sustainment. Oshkosh’s aftermarket solutions cover the complete spectrum of vehicle life-cycle support, including training services, instruction manuals, maintenance and repairs, parts supply, and fleet restoration services.
Oshkosh Defense leadership will be available at Eurosatory to discuss the company’s full range of vehicle and service offerings at booth #J619 in Hall 6.
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.
®, TM All brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies.
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 cyclical nature of the Company’s access equipment, commercial and fire & emergency markets; the expected level and timing of the U.S. Department of Defense (DoD) procurement of products and services and funding thereof; risks related to reductions in government expenditures in light of U.S. defense budget pressures and an uncertain DoD tactical wheeled vehicle strategy; increasing commodity and other raw material costs, particularly in a sustained economic recovery; the ability to increase prices to offset higher input costs; risks related to facilities consolidation and alignment, including costs and charges thereof and that anticipated cost savings may not be achieved; 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 Company or equity market expectations; 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; 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 or shipment delays arising from 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 actions of activist shareholders; and 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. 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.
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