\nOshkosh Defense, LLC, an Oshkosh Corporation (NYSE: OSK) company, announced today that it was selected by the U.S. Army, through the Ground Vehicle Systems Other Transaction Agreement (GVS OTA), to participate in Phase I, Platform Prototype Design and Build, of the Robotic Combat Vehicle (RCV) program.<\/p>\n
This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230928718957\/en\/<\/a><\/p>\n Oshkosh Defense Robotic Combat Vehicle (RCV) (Photo: Business Wire)<\/p>\n<\/div>\n \nLeveraging an elite team of Oshkosh Defense, Pratt Miller Defense, and QinetiQ, Oshkosh submitted its response<\/a> to the Army\u2019s Request for Prototype Proposal in May 2023.<\/p>\n \n\u201cWe are proud to be selected to participate in Phase I of the RCV program,\u201d said Pat Williams, chief programs officer for Oshkosh Defense. \u201cWe offer a mature and proven solution, with demonstrated durability and flexibility to incorporate new technologies, to meet the demands of an evolving battlefield.\u201d<\/p>\n \nThe tracked, autonomous vehicles will support varying payloads and advanced weapons systems through scalable, mission-focused modularity. Oshkosh will showcase the RCV capabilities from October 9 \u2013 11 in their booth (#739) at the 2023 AUSA Annual Meeting and Exposition. Earlier this year, Oshkosh displayed the platform\u2019s essential versatility<\/a> during the 2023 AUSA Global Force Symposium.<\/p>\n \n\u201cOur RCV is informed by years of customer feedback and tailored to meet the needs of the Soldier,\u201d Williams continued. \u201cWe look forward to continuing our partnership with the Army to deliver a soldier-centered, purpose-built solution.\u201d<\/p>\n \nOshkosh will deliver two platform prototypes for testing in August 2024. The Army has announced the intent to select one vendor for Phase II, Full-System Prototype Design and Build, in FY24.<\/p>\n This effort was sponsored by the U.S. Government under Other Transaction number W15QKN-17-9-1025 with the National Advanced Mobility Consortium. The U.S. Government is authorized to reproduce and distribute reprints for Governmental purposes notwithstanding any copyright notation herein.<\/i><\/p>\n The views and conclusions contained herein are those of the authors and should not be interpreted as necessarily representing the official policies or endorsements, either expressed or implied, of the U.S. Government.<\/i><\/p>\n About Oshkosh Defense<\/span><\/strong><\/p>\n \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 \nOshkosh Defense, LLC is an Oshkosh Corporation company [NYSE: OSK].<\/p>\n \nLearn more about Oshkosh Defense at www.oshkoshdefense.com<\/a>.<\/p>\n About Pratt Miller<\/span><\/strong><\/p>\n \nPratt Miller, a wholly owned subsidiary of Oshkosh Defense, is a ground-breaking product development company that solves its customers\u2019 most technical and complex challenges in the Motorsports, Defense, and Mobility industries.<\/p>\n \nPratt Miller Defense (PMD), one of the company\u2019s three core business lines, provides complete vehicle integration, from concept to production. PMD specializes in Platform Development, Robotics, Advanced Concepts, and Technology Integration.<\/p>\n \nLearn more about Pratt Miller at www.prattmiller.com<\/a>.<\/p>\n About Oshkosh Corporation<\/span><\/strong><\/p>\n \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 more than 14,000 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, Pierce\u00ae, Oshkosh\u00ae Defense, McNeilus\u00ae, IMT\u00ae, Jerr-Dan\u00ae, Frontline\u2122, Oshkosh\u00ae Airport Products, London\u2122 and Pratt Miller. For more information, visit oshkoshcorp.com<\/a>.<\/p>\n \n\u00ae, \u2122 All brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies.<\/p>\n About QinetiQ Inc.<\/span><\/strong><\/p>\n QinetiQ Inc.<\/a> is a leading defense and security company in the U.S. providing mission-led innovation at pace. We support our customers worldwide with mission-critical solutions to create, test and use the latest technologies to deliver real world advantage. QinetiQ Inc. operates as the U.S. arm of QinetiQ Group PLC (QQ.LSE), a global integrated defense and security company focused on mission-led innovation for defense, security and civil customers around the world.<\/p>\n \nWe are 6,000 people creating new ways of protecting what matters most; testing technologies, systems, and processes to make sure they work as expected; and enabling customers to deploy new and enhanced-existing capabilities with the assurance they will deliver the outcomes required. QinetiQ\u2019s 750 U.S. employees are based predominantly in Virginia and Massachusetts.<\/p>\n Forward Looking Statements<\/span><\/strong><\/p>\n \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\u2019s 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 View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230928718957\/en\/<\/a><\/span><\/p>\n \nAlexandra Hittle, Director, Global Marketing and Communications KEYWORDS:<\/b> Wisconsin United States North America<\/p>\n INDUSTRY KEYWORDS:<\/b> Defense Technology Other Technology Government Technology Other Defense Contracts<\/p>\n![\"Oshkosh](\"https:\/\/mms.businesswire.com\/media\/20230928718957\/en\/1895606\/4\/OshkoshDefenseRCV.jpg\")
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920-410-1929
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ahittle@defense.oshkoshcorp.com<\/a><\/p>\n
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