{"id":761110,"date":"2023-06-01T06:03:14","date_gmt":"2023-06-01T10:03:14","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/oshkosh-defense-celebrates-production-of-20000th-jltv\/"},"modified":"2023-06-01T06:03:14","modified_gmt":"2023-06-01T10:03:14","slug":"oshkosh-defense-celebrates-production-of-20000th-jltv","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/oshkosh-defense-celebrates-production-of-20000th-jltv\/","title":{"rendered":"Oshkosh Defense Celebrates Production of 20,000th JLTV"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Oshkosh Defense Celebrates Production of 20,000<sup>th<\/sup> JLTV<\/b><\/p>\n<p>OSHKOSH, Wis.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nOshkosh Defense LLC, an Oshkosh Corporation (NYSE: OSK) company, announced today the production of the 20,000<sup>th<\/sup> Joint Light Tactical Vehicle (JLTV).<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20230601005462\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230601005462\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230601005462\/en\/1808121\/4\/20K_JLTV_with_caption.jpg\" alt=\"Oshkosh Defense team members celebrate the production of the 20,000th JLTV. (Photo: Business Wire)\" \/><\/p>\n<p style=\"font-size:85%\">Oshkosh Defense team members celebrate the production of the 20,000th JLTV. (Photo: Business Wire)<\/p>\n<\/div>\n<p>\nThe production of the 20,000<sup>th<\/sup> JLTV is a testament to the tremendous capabilities of the Oshkosh team and their commitment to serve the U.S. Armed Forces by providing the most capable tactical wheeled vehicles.<\/p>\n<p>\n\u201cJust a little over two years ago, we were celebrating our <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Foshkoshdefense.com%2Foshkosh-defense-celebrates-production-of-the-10000th-jltv%2F&amp;esheet=53411007&amp;newsitemid=20230601005462&amp;lan=en-US&amp;anchor=10%2C000th+JLTV&amp;index=1&amp;md5=e5ce5592fc054c29b189c687b2b40995\">10,000<sup>th<\/sup> JLTV<\/a> rolling off our production line, said Tim Bleck, Oshkosh Corporation senior vice president and president of Oshkosh Defense. \u201cThat means that despite a global pandemic, and some of the most severe supply chain challenges we\u2019ve ever seen, we\u2019ve continued to demonstrate that Oshkosh has what it takes to deliver the JLTV to the customer again and again.\u201d<\/p>\n<p>\nDelivering vehicles on time and on budget has been a priority for the Oshkosh Defense team since winning the initial contract in 2015. \u201cThe continued success of the JLTV program can clearly be credited to Oshkosh\u2019s warm production line, optimized manufacturing processes, robust supply chain, and our world-class team,\u201d Bleck concluded.<\/p>\n<p>\nOshkosh Defense awaits a decision from the Government Accountability Office (GAO) regarding its <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Florenthompson%2F2023%2F03%2F30%2Foshkosh-protest-of-joint-light-tactical-vehicle-award-focuses-on-price-realism-and-risk%2F%3Fsh%3D5d315b4d6738&amp;esheet=53411007&amp;newsitemid=20230601005462&amp;lan=en-US&amp;anchor=protest+of+the+JLTV+follow-on+contract&amp;index=2&amp;md5=ea525c8ac0f5d1dd1097fab088eaf9d2\">protest of the JLTV follow-on contract<\/a> and its significant concerns regarding the evaluation of <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Florenthompson%2F2023%2F04%2F13%2Fam-generals-winning-bid-for-the-joint-light-tactical-vehicle-makes-no-sense-whats-going-on%2F%3Fsh%3D67ba5f991f3c&amp;esheet=53411007&amp;newsitemid=20230601005462&amp;lan=en-US&amp;anchor=financial%2C+technical%2C+and+manufacturing+capabilities&amp;index=3&amp;md5=540cf3dfc8248ced90d7d89ef6d1f9c8\">financial, technical, and manufacturing capabilities<\/a>. More information can be found at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Foshkoshdefense.com%2Fjltvprotest%2F&amp;esheet=53411007&amp;newsitemid=20230601005462&amp;lan=en-US&amp;anchor=oshkoshdefense.com%2FJLTVprotest&amp;index=4&amp;md5=b0fff8669ea89f46847193efd6461083\">oshkoshdefense.com\/JLTVprotest<\/a>.<\/p>\n<p><strong><span class=\"bwuline\">About Oshkosh Defense<\/span><\/strong><\/p>\n<p>\nOshkosh Defense is a global leader in the design, production and sustainment of best-in-class military vehicles, technology solutions and mobility systems. Oshkosh develops and applies emerging technologies that advance safety and mission success. Setting the industry standard for sustaining fleet readiness, Oshkosh ensures every solution is supported worldwide throughout its entire life cycle.<\/p>\n<p>\nOshkosh Defense, LLC is an Oshkosh Corporation company [NYSE: OSK].<\/p>\n<p>\nLearn more about Oshkosh Defense at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Furldefense.com%2Fv3%2F__http%3A%2Fwww.oshkoshdefense.com%2F__%253b%2521%2521N96JrnIq8IfO5w%25210oPVjCe_9XKiyt970eFZ2ETGHbOUaHqUzI1RM4BZtfkq8yBh8DIO8xn4LAG9LmLn1gg%24&amp;esheet=53411007&amp;newsitemid=20230601005462&amp;lan=en-US&amp;anchor=www.oshkoshdefense.com&amp;index=5&amp;md5=a21aa43011ffba5f7f01ee8a5c633683\">www.oshkoshdefense.com<\/a>.<\/p>\n<p><b><span class=\"bwuline\">About Oshkosh Corporation<\/span><\/b><\/p>\n<p>\nAt Oshkosh (NYSE: OSK), we make innovative, mission-critical equipment to help everyday heroes advance communities around the world. Headquartered in Wisconsin, Oshkosh Corporation employs approximately 15,000 team members worldwide, all united behind a common cause: to make a difference in people\u2019s lives. Oshkosh products can be found in more than 150 countries under the brands of JLG\u00ae, Hinowa, Pierce\u00ae, MAXIMETAL, Oshkosh\u00ae Defense, McNeilus\u00ae, IMT\u00ae, Jerr-Dan\u00ae, Frontline\u2122, Oshkosh\u00ae Airport Products, and Pratt Miller. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.oshkoshcorp.com&amp;esheet=53411007&amp;newsitemid=20230601005462&amp;lan=en-US&amp;anchor=oshkoshcorp.com&amp;index=6&amp;md5=773bfb68fd2dbf13dd27ab068a287cf9\">oshkoshcorp.com<\/a>.<\/p>\n<p>\n\u00ae, \u2122 All brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies.<\/p>\n<p><b><span class=\"bwuline\">Forward Looking Statements<\/span><\/b><\/p>\n<p>\nThis news release contains statements that the Company believes to be \u201cforward-looking statements\u201d 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\u2019s 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 \u201cmay,\u201d \u201cwill,\u201d \u201cexpect,\u201d \u201cintend,\u201d \u201cestimate,\u201d \u201canticipate,\u201d \u201cbelieve,\u201d \u201cshould,\u201d \u201cproject\u201d or \u201cplan\u201d 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\u2019s control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include the extent of supply chain and logistics disruptions; the Company\u2019s ability to increase prices or impose surcharges to raise margins or to offset higher input costs, including increased raw material, labor, freight and overhead costs; the Company&#8217;s ability to accurately predict future input costs associated with Defense contracts; the strength of the U.S. dollar and its impact on Company exports, translation of foreign sales and the cost of purchased materials; the Company\u2019s ability to predict the level and timing of orders for indefinite delivery\/indefinite quantity contracts with the U.S. federal government; the impact of any U.S. Department of Defense solicitation for competition for future contracts to produce military vehicles; the impact of orders from the U.S. Postal Service; the Company\u2019s 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 impacting the Company; and risks related to the Company\u2019s 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\u2019s filings with the Securities and Exchange Commission. 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\u2019s next quarterly earnings conference call, if at all.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230601005462r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230601005462\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230601005462\/en\/<\/a><\/span><\/p>\n<p>\nAlexandra Hittle, Director, Global Marketing and Communications<br \/>\n<br \/>920-410-1929<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:ahittle@defense.oshkoshcorp.com\">ahittle@defense.oshkoshcorp.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Wisconsin<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Other Manufacturing Other Transport Technology Contracts Transport Other Technology Military Manufacturing Government Technology Defense<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230601005462\/en\/1808119\/3\/Defense_gray_black_png.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230601005462\/en\/1808121\/3\/20K_JLTV_with_caption.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Oshkosh Defense team members celebrate the production of the 20,000th JLTV. (Photo: Business Wire)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Oshkosh Defense Celebrates Production of 20,000th JLTV OSHKOSH, Wis.&#8211;(BUSINESS WIRE)&#8211; Oshkosh Defense LLC, an Oshkosh Corporation (NYSE: OSK) company, announced today the production of the 20,000th Joint Light Tactical Vehicle (JLTV). This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230601005462\/en\/ Oshkosh Defense team members celebrate the production of the 20,000th JLTV. (Photo: Business Wire) The production of the 20,000th JLTV is a testament to the tremendous capabilities of the Oshkosh team and their commitment to serve the U.S. Armed Forces by providing the most capable tactical wheeled vehicles. \u201cJust a little over two years ago, we were celebrating our 10,000th JLTV rolling off our production line, said Tim Bleck, Oshkosh Corporation senior vice president and president of Oshkosh &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/oshkosh-defense-celebrates-production-of-20000th-jltv\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Oshkosh Defense Celebrates Production of 20,000th JLTV&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-761110","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Oshkosh Defense Celebrates Production of 20,000th JLTV - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/oshkosh-defense-celebrates-production-of-20000th-jltv\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oshkosh Defense Celebrates Production of 20,000th JLTV - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Oshkosh Defense Celebrates Production of 20,000th JLTV OSHKOSH, Wis.&#8211;(BUSINESS WIRE)&#8211; Oshkosh Defense LLC, an Oshkosh Corporation (NYSE: OSK) company, announced today the production of the 20,000th Joint Light Tactical Vehicle (JLTV). This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230601005462\/en\/ Oshkosh Defense team members celebrate the production of the 20,000th JLTV. (Photo: Business Wire) The production of the 20,000th JLTV is a testament to the tremendous capabilities of the Oshkosh team and their commitment to serve the U.S. Armed Forces by providing the most capable tactical wheeled vehicles. \u201cJust a little over two years ago, we were celebrating our 10,000th JLTV rolling off our production line, said Tim Bleck, Oshkosh Corporation senior vice president and president of Oshkosh &hellip; Continue reading &quot;Oshkosh Defense Celebrates Production of 20,000th JLTV&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/oshkosh-defense-celebrates-production-of-20000th-jltv\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-01T10:03:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mms.businesswire.com\/media\/20230601005462\/en\/1808121\/4\/20K_JLTV_with_caption.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/oshkosh-defense-celebrates-production-of-20000th-jltv\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/oshkosh-defense-celebrates-production-of-20000th-jltv\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Oshkosh Defense Celebrates Production of 20,000th JLTV\",\"datePublished\":\"2023-06-01T10:03:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/oshkosh-defense-celebrates-production-of-20000th-jltv\\\/\"},\"wordCount\":923,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/oshkosh-defense-celebrates-production-of-20000th-jltv\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20230601005462\\\/en\\\/1808121\\\/4\\\/20K_JLTV_with_caption.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/oshkosh-defense-celebrates-production-of-20000th-jltv\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/oshkosh-defense-celebrates-production-of-20000th-jltv\\\/\",\"name\":\"Oshkosh Defense Celebrates Production of 20,000th JLTV - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/oshkosh-defense-celebrates-production-of-20000th-jltv\/","og_locale":"en_US","og_type":"article","og_title":"Oshkosh Defense Celebrates Production of 20,000th JLTV - Market Newsdesk","og_description":"Oshkosh Defense Celebrates Production of 20,000th JLTV OSHKOSH, Wis.&#8211;(BUSINESS WIRE)&#8211; Oshkosh Defense LLC, an Oshkosh Corporation (NYSE: OSK) company, announced today the production of the 20,000th Joint Light Tactical Vehicle (JLTV). This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230601005462\/en\/ Oshkosh Defense team members celebrate the production of the 20,000th JLTV. (Photo: Business Wire) The production of the 20,000th JLTV is a testament to the tremendous capabilities of the Oshkosh team and their commitment to serve the U.S. Armed Forces by providing the most capable tactical wheeled vehicles. \u201cJust a little over two years ago, we were celebrating our 10,000th JLTV rolling off our production line, said Tim Bleck, Oshkosh Corporation senior vice president and president of Oshkosh &hellip; Continue reading \"Oshkosh Defense Celebrates Production of 20,000th JLTV\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/oshkosh-defense-celebrates-production-of-20000th-jltv\/","og_site_name":"Market Newsdesk","article_published_time":"2023-06-01T10:03:14+00:00","og_image":[{"url":"https:\/\/mms.businesswire.com\/media\/20230601005462\/en\/1808121\/4\/20K_JLTV_with_caption.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/oshkosh-defense-celebrates-production-of-20000th-jltv\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/oshkosh-defense-celebrates-production-of-20000th-jltv\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Oshkosh Defense Celebrates Production of 20,000th JLTV","datePublished":"2023-06-01T10:03:14+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/oshkosh-defense-celebrates-production-of-20000th-jltv\/"},"wordCount":923,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/oshkosh-defense-celebrates-production-of-20000th-jltv\/#primaryimage"},"thumbnailUrl":"https:\/\/mms.businesswire.com\/media\/20230601005462\/en\/1808121\/4\/20K_JLTV_with_caption.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/oshkosh-defense-celebrates-production-of-20000th-jltv\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/oshkosh-defense-celebrates-production-of-20000th-jltv\/","name":"Oshkosh Defense Celebrates Production of 20,000th JLTV - 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