Oshkosh Defense, LLC, an Oshkosh Corporation (NYSE: OSK) company, will produce 256 Family of Medium Tactical Vehicles (FMTV) trucks and trailers for the U.S. Army following a $67 million order from the U.S. Army TACOM Life Cycle Management Command (LCMC). Deliveries will occur from 2015 to 2016.
“The Oshkosh FMTV program exemplifies the quality and value that we provide to our military customers,” said John Bryant, senior vice president of defense programs at Oshkosh Defense. “Since the day Oshkosh was awarded the FMTV program, we’ve applied our vehicle expertise and operational efficiency to dramatically improve quality – all while saving U.S. taxpayers more than $2 billion. Today’s Oshkosh-produced FMTVs are supporting soldiers in operations around the world with the more reliable equipment they deserve.”
Oshkosh began producing FMTVs for the U.S. Army in 2010. Since then, Oshkosh has delivered more than 22,000 trucks and 11,000 trailers. In 2012, amidst the sharp ramp up of monthly deliveries, the U.S. Department of Defense recognized Oshkosh with the 2013 Value Engineering Achievement Award. Oshkosh earned the award in the “Contractor” category for significantly improving product quality and reliability, as well as reducing product and life cycle costs.
The FMTV program supports the U.S. Army and National Guard at home and abroad in tactical and combat operations, relief efforts, and unit resupply missions. The vehicles feature crew-protecting armor and advanced technologies to provide the capability, versatility, mobility and protection to move troops and supplies, recover vehicles and weapon systems, or haul equipment wherever the mission requires. The FMTV is a series of 17 models and 23 configurations ranging from 2.5-ton to 10-ton payloads. Vehicles have a parts commonality of more than 80 percent, resulting in streamlined maintenance, training, sustainment and overall cost efficiency.
Source: Oshkosh Corporation (NYSE: OSK)
Date: Dec 18, 2014