JLTV Offers Next Generation Protection,
Mobility to Support Future Marine Corps Missions
Oshkosh Defense, LLC, an Oshkosh Corporation (NYSE: OSK)
company, will be displaying the newest member of the Marine Corps
vehicle fleet, the Joint Light Tactical Vehicle (JLTV), at Modern
Day Marine in Quantico, Va. September 22-24, 2015. The Oshkosh JLTV
represents the next generation of light tactical vehicles with
unmatched protection, off-road mobility, reliability and modularity
– at an affordable cost.
This Smart News Release features multimedia.
View the full release here:
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Oshkosh Defense Showcases JLTV at Modern
Day Marine (Photo: Business Wire)
“Marines are a go anywhere, do anything force and they need a
transportable vehicle that supports the most demanding missions and
gets them back home safely,” said USMC Colonel John Bryant (Ret),
senior vice president of defense programs for Oshkosh Defense. “The
Oshkosh JLTV provides Marines with the protection of a light tank,
the underbody protection of an MRAP, the network capability of a
mobile command center and the off-road mobility of a Baja 1000
racer. Marines have never before had this much capability in a
light vehicle.”
The JLTV program fills a critical capability gap for the U.S.
Army and Marine Corps by replacing a large portion of the legacy
HMMWV fleet with a light tactical vehicle with far superior
protection and off-road mobility. The Oshkosh JLTV combines the
latest in automotive technologies, the Oshkosh Core1080™ crew
protection approach, and the Oshkosh TAK-4i™ intelligent
independent suspension system to provide the world’s fastest, most
protected light military vehicle. The Oshkosh JLTV proved, through
extensive U.S. Government testing and evaluation, that it’s the
most capable light vehicle on the planet.
What U.S. Marines can expect from their new Oshkosh
JLTV:
- A vehicle 1/3 smaller and lighter than
the M-ATV
- Off-road speeds 70 percent faster than
today’s gold standard, the M-ATV
- A modular design that can be quickly
and efficiently outfitted for a full range of missions
- Fully transportable by sea or air, such
as a CH-53
- Network ready and VICTORY
compliant
- Superior ride quality
Oshkosh has been a leading provider of tactical wheeled vehicles
for the U.S. Marine Corps for nearly 60 years, including the M-ATV,
LVSR, MTVR, P-19R, as well as Contractor Logistics Support
programs. Oshkosh also has over a decade of experience developing
TerraMax™ UGV (unmanned ground vehicle) technology for tactical
vehicles, working with many leading academic and industry
organizations to support development and evaluations for government
agencies such as DARPA, the Naval Surface Warfare Center, the
Marine Corps Warfighting Lab, TARDEC and the Office of Naval
Research.
Oshkosh leadership will be available to discuss the company’s
full portfolio of USMC vehicles, technologies and services at
Modern Day Marine booth #2500.
About Oshkosh Defense
Oshkosh Defense is a leading provider of tactical wheeled
vehicles and life cycle sustainment services. For decades Oshkosh
has been mobilizing military and security forces around the globe
by offering a full portfolio of heavy, medium, light and highly
protected military vehicles to support our customers’ missions. In
addition, Oshkosh offers advanced technologies and vehicle
components such as TAK-4® independent suspension systems, TerraMax®
unmanned ground vehicle solutions, Command Zone™ integrated control
and diagnostics system, and ProPulse® diesel electric and on-board
vehicle power solutions, to provide our customers with a technical
edge as they fulfill their missions. Every Oshkosh vehicle is
backed by a team of defense industry experts and complete range of
sustainment and training services to optimize fleet readiness and
performance. Oshkosh Defense, LLC is an Oshkosh Corporation company
[NYSE: OSK].
To learn more about Oshkosh Defense, please visit us at
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®,
Jerr-Dan®, Frontline™, 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, please visit
www.oshkoshcorporation.com.
®, TM 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 cyclical nature of the Company’s access
equipment, commercial and fire & emergency markets, which are
particularly impacted by the strength of U.S. and European
economies; the Company’s estimates of access equipment demand; the
strength of the U.S. dollar and its impact on Company exports,
translation of foreign sales and purchased materials; the expected
level and timing of DoD and international defense customer
procurement of products and services and funding thereof; risks
related to reductions in government expenditures in light of U.S.
defense budget pressures, sequestration, an uncertain DoD tactical
wheeled vehicle strategy and uncertainties associated with
government contracts; risks related to the JLTV production contract
award that the Company recently received, including those
associated with commencement of production under the contract; the
Company’s ability to finalize international contracts for a
significant quantity of M-ATVs, with sales beginning in fiscal
2016; the Company’s ability to increase prices to raise margins or
offset higher input costs; increasing commodity and other raw
material costs, particularly in a sustained economic recovery;
risks related to facilities expansion, consolidation and alignment,
including the amounts of related costs and charges and that
anticipated cost savings may not be achieved; global economic
uncertainty, 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; projected adoption rates of work at
height machinery in emerging markets; the impact of severe weather
or natural disasters that may affect the Company, its suppliers or
its customers; 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 compliance with the
Foreign Corrupt Practices Act; the Company’s ability to comply with
complex laws and regulations applicable to U.S. government
contractors; cybersecurity risks and costs of defending against,
mitigating and responding to a data security breach; and 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 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.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20150922005825/en/
Oshkosh DefenseJennifer Christiansen, Vice President, Business
Development920-966-5635jchristiansen@defense.oshkoshcorp.com
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