Precise mobile engagements up to 2 km with 30 mm lethality are now a reality

OSHKOSH, Wis - Wednesday, February 18th 2015 [ME NewsWire]

(BUSINESS WIRE) -- Oshkosh Defense, LLC, an Oshkosh Corporation (NYSE: OSK) company, recently collaborated with EOS and Orbital ATK for a live fire demonstration at Redstone Arsenal in Huntsville, Alabama. The Oshkosh® MRAP All-Terrain Vehicle (M-ATV) Standard Base (SXB) was outfitted with an EOS R-400 fire control system integrated with Orbital ATK’s M230LF 30mm lightweight automatic chain gun to demonstrate the viability and lethal effectiveness of a medium caliber weapon system equipped M-ATV.

The combat-proven Oshkosh M-ATV is designed to accommodate a wide variety of weapon systems. Its exceptional off-road mobility and integrated protection provide capabilities for the most challenging operations. This live fire demonstration showcased improved accuracy in mobile engagements and integrated improved lethality on the M-ATV using a multi-role, multi-target automatic gun combined with a 3-axis stabilized Remote Weapon Station (RWS). Advanced performance data was captured from both the vehicle and the weapon system during the demonstration that included weapon and ammunition data, range and ambient environment, and vehicle attitude and dynamics.

“On the modern battlefield, it is critical to have optimal protected mobility and fully integrated weapon systems,” said U.S. Army Major General (Retired) John Urias, executive vice president of Oshkosh Corporation and president of Oshkosh Defense. “The Oshkosh M-ATV family of vehicles offers great design flexibility to meet a full range of mission requirements, protection levels, and weapon system integration capabilities.”

The advanced technology of the R400S-Mk2 combined with the lightweight 30mm Orbital ATK M230 LF cannon provides light and medium tactical vehicles with unprecedented access to firepower normally reserved for much heavier combat vehicles. This collaborative approach provides mobile precise lethality and MRAP levels of protection to ensure crew safety.

The Mk2 remains a single weapon station specifically developed to provide 30 mm firepower in a high precision weapon system weighing less than 400 kg. The mount has 3-axis stabilization (roll, pitch and yaw axes) utilizing Fibre Optic Gyros (FOGs) and digital stabilization control. The stabilization is optimized for the platform as well as the weapon firing rate and recoil forces.

Orbital ATK’s 30mm M230LF Chain Gun® is an improved version of the 30mm cannon featured on the Apache helicopter and has been optimized for use on vehicle and naval platforms. It is a member of the Chain Gun® family of externally powered, combat reliable conventional automatic weapons. The M230LF boasts a DC drive motor with a firing rate of 200 rounds per minute. It is lightweight (72.6 kg), easy to maintain and extremely flexible automatic gun for use on air, naval or vehicle platforms. These key features and benefits are what make the M230LF ideal for use on ground vehicles and patrol boats.

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 access equipment, commercial, fire & emergency, military and specialty 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 by rental companies, concrete placement and refuse businesses, fire & emergency departments, municipal and airport services and defense forces, 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 Orbital ATK or their 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 strength of emerging market growth and projected adoption rates of work at height machinery; 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 and an uncertain DoD tactical wheeled vehicle strategy, including the Company’s ability to successfully manage the cost reductions required as a result of lower customer orders in the defense segment; the Company’s ability to win a U.S. Joint Light Tactical Vehicle production contract award and international defense contract awards; 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; 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; the Company’s ability to comply with complex laws and regulations applicable to U.S. government contractors; the impact of severe weather or natural disasters that may affect the Company, its suppliers or its customers; cyber security 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.

Contacts

Oshkosh Defense, LLC

Jennifer Christiansen, Vice President, Business Development Operations

920-966-5635

jchristiansen@defense.oshkoshcorp.com

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