Oshkosh FMTV A2 Order Supports U.S. Army Modernization Efforts

OSHKOSH, Wis.--(BUSINESS WIRE)--Sep 12, 2024--

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.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240912072292/en/

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.

View source version on businesswire.com:https://www.businesswire.com/news/home/20240912072292/en/

CONTACT: Alexandra Hittle, Director, Global Marketing & Communications

920-410-1929

ahittle@defense.oshkoshcorp.com

KEYWORD: WISCONSIN UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: OTHER DEFENSE CONTRACTS TECHNOLOGY AUTOMOTIVE DEFENSE OTHER MANUFACTURING ENGINEERING GOVERNMENT TECHNOLOGY AUTOMOTIVE MANUFACTURING OTHER AUTOMOTIVE OTHER TECHNOLOGY MILITARY MANUFACTURING

SOURCE: Oshkosh Defense, LLC

Copyright Business Wire 2024.