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Oshkosh Defense Receives $911 Million JLTV Order From U.S. Army

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Oshkosh Defense has secured a significant contract from the U.S. Army Contracting Command for 2,738 Joint Light Tactical Vehicles (JLTV), alongside 1,001 companion trailers. Valued at $911 million, this order represents the second largest for JLTVs, to be delivered to various branches of the U.S. military and select NATO allies. The JLTV is recognized for its versatility, incorporating advanced protection and mobility features, essential for modern combat scenarios. This commitment highlights Oshkosh's role as a leader in military vehicle production.

Positive
  • Secured a $911 million order for 2,738 JLTVs, marking the second largest JLTV order.
  • Supply to multiple military branches and NATO allies enhances market positioning.
  • The JLTV is designed for advanced battlefield capabilities, increasing demand potential.
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OSHKOSH, Wis.--()--Oshkosh Defense, LLC, an Oshkosh Corporation (NYSE: OSK) company, announced today the U.S. Army Contracting Command, Detroit Arsenal has placed an order for 2,738 Joint Light Tactical Vehicles (JLTV), 1,001 companion trailers, and associated kits. The Oshkosh Defense JLTVs will be supplied to the U.S. Army, U.S. Navy, U.S. Marine Corps, and U.S. Air Force along with a select group of NATO and non-NATO allies. This is the second largest order of Oshkosh Defense JLTVs, with a contract value of $911 million.

The Oshkosh Defense JLTV is designed for the future battlefield with reconfiguration capabilities to meet the demands of the Warfighter’s evolving mission requirements. It offers the world’s only light tactical vehicle with the protection, off road mobility, network capability and firepower options to maneuver with combat formations.

“The men and women of Oshkosh Defense take great pride in what they do,” said George Mansfield, Vice President and General Manager of Joint Programs for Oshkosh Defense. “Designing, building, and delivering the world’s most capable light tactical vehicle, the Oshkosh JLTV, is one of our greatest accomplishments. And we plan to continue building the Oshkosh JLTV for many years to come.”

As part of this order, 59 vehicles will be delivered to NATO and non-NATO allies – including Lithuania, North Macedonia, and Brazil. As the industry-leading tactical vehicle manufacturer, Oshkosh Defense takes great pride in working with both domestic and international customers to give the Warfighter a necessary technological edge at the best price. Oshkosh Defense strives every day to meet or exceed our customers’ ever-changing needs with next-generation defense technologies and advanced mobility systems.

About Oshkosh Defense

Oshkosh Defense is a global leader in the design, production and sustainment of best-in-class military vehicles and mobility systems. As a pioneer of combat-ready vehicle solutions, Oshkosh develops and applies emerging technologies that advance troop 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 company [NYSE: OSK].

Learn more about Oshkosh Defense at www.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 more than 14,000 team members worldwide, all united behind a common cause: to make a difference in people’s lives. Oshkosh products can be found in more than 150 countries under the brands of JLG®, Pierce®, Oshkosh® Defense, McNeilus®, IMT®, Frontline™, Jerr-Dan®, Oshkosh® Airport Products, CON-E-CO® and London™. For more information, visit oshkoshcorp.com.

®, ™ All brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies.

Contacts

Alexandra Hittle, Director, Global Marketing and Communications
920-410-1929
ahittle@defense.oshkoshcorp.com

FAQ

What is the value of the recent Oshkosh Defense contract for JLTVs?

The contract is valued at $911 million.

How many Joint Light Tactical Vehicles were ordered by the U.S. Army?

2,738 Joint Light Tactical Vehicles were ordered.

Which military branches will receive the JLTVs from Oshkosh Defense?

The JLTVs will be supplied to the U.S. Army, U.S. Navy, U.S. Marine Corps, and U.S. Air Force.

What is the significance of the JLTV contract for Oshkosh Corporation's stock OSK?

The contract's large value and supply to military branches can positively impact OSK's revenue and market reputation.

Are any JLTVs being delivered to allied countries?

Yes, 59 vehicles will be delivered to NATO and non-NATO allies, including Lithuania, North Macedonia, and Brazil.

Oshkosh Corp.

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