M-ATV extended wheel base provides MRAP-level protection for medics and patients in-theater

OSHKOSH, Wis. - Sunday, February 22nd 2015 [ME NewsWire]

(BUSINESS WIRE)-- Oshkosh Defense, LLC, an Oshkosh Corporation (NYSE: OSK) company, today introduced its MRAP All-Terrain Vehicle (M-ATV) Extended Wheel Base Medical (EXM) variant at the International Defense Exhibition and Conference (IDEX) 2015, taking place Feb. 22-26 in Abu Dhabi, United Arab Emirates. Oshkosh designed the M-ATV EXM to provide off-road mobility and MRAP-level protection to military medics on ambulatory missions in high-threat environments.

“There is no mission more important than keeping troops safe, including the medics and their patients on the battlefield,” said U.S. Army Major General (Retired) John Urias, executive vice president of Oshkosh Corporation and president of Oshkosh Defense. “An increasing number of troops and medics are suffering injuries – often life threatening – while trying to deliver care and evacuate the injured in commercial-based ambulances. The Oshkosh M-ATV EXM combines best-in-class off-road mobility with a life-saving crew protection system for urgent medical care in landscapes that are too rugged for other ambulances.”

The Oshkosh Defense M-ATV EXM provides urgent evacuation capabilities while shielding patients and medics from enemy fire. The M-ATV’s lightweight ramp and unique “easy glide” system can load two litter-bound patients – on any NATO-standard litter – in less than two minutes. The tactical ambulance has enough interior capacity to simultaneously transport two litter-bound patients, two ambulatory patients, a medic, commander and driver. The M-ATV EXM’s customizable internal configuration also enables equipment to be accessed quickly by a centrally positioned medic. The vehicle supports standard MRAP Medical Equipment Sets (MES) and requirements such as a universal mounting system, secured storage units, and Pouch Attachment Ladder System (PALS) mounted storage bags.

The M-ATV EXM is a variant of the Oshkosh Defense M-ATV Family of Vehicles, which includes two multi-mission models – the M-ATV Standard and M-ATV Extended. The M-ATV Standard model provides response and support capabilities for a range of offensive and defensive missions in off-road environments, and the M-ATV Extended model delivers increased capacity for additional troops and equipment to support multiple mission profiles. M-ATV EXM delivers gold-standard off-road mobility and optimal protection against improvised explosive devices (IEDs) and other battlefield threats. Oshkosh’s proprietary TAK-4® independent suspension system provides superior ride quality, including a smoother drive in rough terrain to enable better patient care and preserve the longevity of medical equipment. The M-ATV’s crew protection system is designed for today’s most prevalent threats and can be customized to deliver the highest standards of MRAP-level protection. Furthermore, the M-ATV EXM’s silhouette is the same as the other M-ATV Extended Wheel Base variants, which prevents it from standing out as an obvious target in theater.

The M-ATV EXM variant will be on display at IDEX 2015 at Oshkosh’s booth #02-B11. Oshkosh Defense leadership will also be available to discuss the company’s global commitment and its full range of vehicles, technology and service offerings.

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 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 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.

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Contacts

Oshkosh Defense

Jennifer Christiansen, Vice President, Business Development

920-966-5635

jchristiansen@defense.oshkoshcorp.com