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Oshkosh Defense Signs Agreement with U.S. Army to Further Develop Unmanned Ground Vehicle Technology


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OSHKOSH, Wis.--([ BUSINESS WIRE ])--Oshkosh Defense, a division of Oshkosh Corporation (NYSE:OSK), today signed a Cooperative Research and Development Agreement (CRADA) with the U.S. Army's Tank and Automotive Research, Development and Engineering Center (TARDEC) to refine technology for the operation of unmanned ground vehicles in convoy missions in real-world environments.

The CRADA calls for a three-year collaboration between the Army and Oshkosh to integrate a Convoy Active Safety Technology (CAST) surrogate system onto Oshkosh's unmanned TerraMax™ vehicle. The objective is to create a lead vehicle that can navigate and operate in missions, while communicating route information to another unmanned follower vehicle. The vehicles must be able to operate near-autonomous in a safe manner among people, animals, vehicles and other obstacles at operational speeds and in tactical environments.

"Oshkosh Defense has a long history of developing military vehicle technology and building trucks that help protect U.S. service men and women," said Thom Mathes, executive director of product development for TARDEC. "This commitment and knowledge will help TARDEC increase the overall system effectiveness of the unmanned vehicle program so our soldiers can effectively and safely conduct specified military missions."

Oshkosh Defense first developed unmanned ground vehicle technology in response to a Department of Defense mandate that one-third of military vehicles will be operated autonomously – without drivers – by 2015. A framework for technology development was provided through Oshkosh's participation in the 2004 and 2005 DARPA Grand Challenge events and 2007 DARPA Urban Challenge event. The Oshkosh TerraMax completed the 132-mile course in 2005 and was a finalist in 2007.

"Both Oshkosh Defense and TARDEC have devoted valuable energy and R&D resources to develop unmanned ground vehicle technology," said John Stoddart, Oshkosh Corporation executive vice president and president, Defense. "By leveraging each other's knowledge and experience, our plan is to meet the military's 2015 goal and ultimately help save soldiers' lives."

Under the CRADA, Oshkosh will provide the necessary hardware and software and assist with integrating the CAST system to ensure it interacts with TerraMax effectively. Furthermore, Oshkosh will use the data to add or modify the vehicle's behavior modes and trajectory generation to affect relevant tactical behaviors for convoy missions.

Oshkosh also will provide non-proprietary platform information to assist in the integration of CAST technology into other Oshkosh vehicles, such as the Heavy Expanded Mobility Tactical Truck (HEMTT) or Heavy Equipment Transporter (HET). Additionally, Oshkosh Defense will work to integrate the platform and modeling evaluations of prototyped and simulated components and systems.

* TerraMax is a registered trademark of the Oshkosh Corporation

About Oshkosh Defense

Oshkosh Defense, a division of Oshkosh Corporation, is an industry-leading global designer and manufacturer of tactical military trucks and armored wheeled vehicles, delivering a full product line of conventional and hybrid vehicles, advanced armor options, proprietary suspensions and vehicles with payloads that can exceed 70 tons. Oshkosh Defense provides a global service and supply network including full life-cycle support and remanufacturing, and its vehicles are recognized the world over for superior performance, reliability and protection. For more information, visit [ www.oshkoshdefense.com ].

About Oshkosh Corporation

Oshkosh Corporation is a leading designer, manufacturer and marketer of a broad range of specialty access equipment, commercial, fire & emergency and military vehicles and vehicle bodies. Oshkosh Corp. manufactures, distributes and services products under the brands of Oshkosh®, JLG®, Pierce®,McNeilus®, Medtec®, Jerr-Dan®, BAI®, Oshkosh Specialty Vehicles, Frontline, SMIT, Geesink, Norba, Kiggen, CON-E-CO®, London® and IMT®. Oshkosh products are valued worldwide in businesses where high quality, superior performance, rugged reliability and long-term value are paramount. For more information, log on to [ www.oshkoshcorporation.com ].

Forward-looking Statements

This press release contains statements that the Company believes are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact, including statements regarding the Company's future financial position, business strategy, targets, projected sales, costs, earnings, capital spending and debt levels, and plans and objectives of management for future operations, are forward-looking statements. When used in this press release, words such as "may," "should," "expects," "intends," "estimates," "anticipates," or "believes" and similar expressions 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 consequences of the Company's financial leverage position, especially given turmoil in the credit markets, and the level of associated borrowing costs; the Company's ability to maintain compliance with financial covenants in its credit agreement; the cyclical nature of the Company's access equipment, commercial and fire & emergency markets, especially during a global economic downturn and credit crisis; the Company's ability to offset higher steel and raw material costs through other cost decreases or product selling price increases; risks related to reductions in government expenditures and the uncertainty of government contracts; risks associated with international operations and sales, including foreign currency fluctuations; and the Company's ability to turn around its Geesink Norba Group business. Additional information concerning these and other factors is contained in the Company's filings with the Securities and Exchange Commission.


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