Oshkosh Airport Products has secured 14 individual contract awards from the United States Air Force to produce a total of 110 snow trucks that will be put into service at bases located around the world. The U.S. Air Force snow truck orders initiated in May 2018 with deliveries expected to begin April 2019, and the remainder spanning through early 2020.
OSHKOSH, WIS. (April 30, 2019) – Oshkosh Airport Products, LLC, an Oshkosh Corporation (NYSE: OSK) company, today announced that it secured 14 individual contract awards from the United States Air Force to produce a total of 110 snow trucks that will be put into service at bases located around the world. The U.S. Air Force snow truck orders initiated in May 2018 with the first delivery planned for April 2019, and the remainder spanning through early 2020. Diversity in size, number of runways, environmental factors, and runway clearance regulations vary among bases throughout the world. Order fulfillment will differ based on the optimal snow truck product to respond to each location’s unique challenges but will be made up primarily of four innovative products.
“For more than 50 years, the Oshkosh Airport Products team has been proud to support the United States Air Force with products that meet their snow removal needs,” said Richard Voakes, Oshkosh Airport Products government and regional sales manager. “It’s an amazing feeling to know we can provide unparalleled reliability in our products that aid the brave men and women in service and the critical work they do each day.”
With each location incorporating a unique combination of products, the most prominent snow trucks making up the significant contracts with the U.S. Air Force include, but are not limited to, the OshkoshÒ H-SeriesÔ Dual Engine Blower, OshkoshÒ H-SeriesÔ Single Engine Blower, OshkoshÒ H-SeriesÔ XF Front Mounted Broom, and OshkoshÒ H-SeriesÔ Plow. The products feature custom chassis, excellent visibility, enhanced comfort, and proprietary vehicle technologies including OshkoshÒ ALL STEERÒ, Command ZoneÔ, and road-proven transfer case with SmartShift.
From the United States to Germany, Korea and beyond, the U.S. Air Force bases across the globe continue to rely on Oshkosh Airport Products to produce snow trucks that clear and provide essential runway access, while combining increased visibility, comfort, innovative technology, and built-in safety.
To learn more about Oshkosh Airport Products H-Series and upcoming U.S. Air Force product deliveries, visit www.oshkoshairport.com.
Photo caption: Oshkosh Airport Products has secured 14 individual contract awards from the United States Air Force to produce a total of 110 snow trucks that will be put into service at bases located around the world beginning April 2019.
About Oshkosh Airport Products, LLC
Oshkosh Airport Products, LLC, an Oshkosh Corporation company, is a designer and builder of industry-leading airport firefighting and snow removal vehicles. Its flagship Striker® Aircraft Rescue and Fire Fighting (ARFF) vehicle and Oshkosh® H-Series™ snow removal chassis are known for their durability and superior performance and sold throughout the world. For more information, visit www.oshkoshairport.com.
About Oshkosh Corporation
Founded in 1917, Oshkosh Corporation is more than 100 years strong and continues to make a difference in people’s lives. Oshkosh brings together a unique set of integrated capabilities and diverse end markets that, when combined with the Company’s MOVE strategy and positive long-term outlook, illustrate why Oshkosh is a different integrated global industrial. The Company is a leader in designing, manufacturing and servicing a broad range of access equipment, commercial, fire & emergency, military and specialty vehicles and vehicle bodies under the brands of Oshkosh®, JLG®, Pierce®, McNeilus®, Jerr-Dan®, Frontline™, CON-E-CO®, London® and IMT®.
Today, Oshkosh Corporation is a Fortune 500 Company with manufacturing operations on four continents. Its products are recognized around the world for quality, durability and innovation and can be found in more than 150 countries. As a different integrated global industrial, Oshkosh is committed to making a difference for team members, customers, shareholders, communities and the environment. For more information, please visit: www.oshkoshcorporation.com.
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 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 and construction seasons; the Company’s ability to increase prices or impose surcharges to raise margins or to offset higher input costs, including increased commodity, raw material, labor and freights costs; the Company’s estimates of access equipment demand which, among other factors, is influenced by customer historical buying patterns and rental company fleet replacement strategies; the strength of the U.S. dollar and its impact on Company exports, translation of foreign sales and the cost of purchased materials; the expected level and timing of U.S. Department of Defense (DoD) and international defense customer procurement of products and services and acceptance of and funding or payments for such products and services; the Company's ability to predict the level and timing of orders for indefinite delivery/indefinite quantity contracts with the U.S. federal government; risks related to reductions in government expenditures in light of U.S. defense budget pressures, sequestration and an uncertain DoD tactical wheeled vehicle strategy; the impact of any DoD solicitation for competition for future contracts to produce military vehicles; 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; 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 associated with international operations and sales, including compliance with the Foreign Corrupt Practices Act; risks that an escalating trade war and related tariffs could reduce the competitiveness of the Company's products; 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 data security threats and breaches; the Company's ability to successfully identify, complete and integrate acquisitions and to realize the anticipated benefits associated with the same; 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, including the Form 8-K. 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.
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