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Minneapolis – St. Paul International Airport Receives First Oshkosh Striker Jointly Manufactured by Oshkosh Airport Products and Pierce Manufacturing

OSHKOSH, WIS. (February 1, 2010) – Oshkosh Airport Products Group, a division of Oshkosh Corporation (NYSE: OSK), today announced that a new Oshkosh® Striker® 3000 Aircraft Rescue and Fire Fighting (ARFF) vehicle has been placed into service at Minneapolis-St. Paul International Airport (MSP) in Minnesota. This is the first Striker vehicle jointly manufactured by Oshkosh Airport Products and its sister company, Pierce Manufacturing, Appleton, Wis. and will result in an even more efficient process of serving customers.

Oshkosh Airport Products will continue to engineer and manufacture the chassis components and cab in Oshkosh, while Pierce will assemble, install and test the firefighting systems and conduct final vehicle inspections with each customer in Appleton. Centralizing the final assembly, installation, test and vehicle inspection at Pierce will help streamline the process and enhance the customer experience. Both Oshkosh Airport Products and Pierce are divisions of the Oshkosh Corporation and business units under the Fire & Emergency Segment.

“There’s a great advantage to working with Pierce. As North America’s largest and most respected manufacturer of custom fire apparatus, Pierce brings a substantial amount of expertise to the table,” said Tim Raupp, Senior Vice President, Executive Director, International Operations for the Fire and Emergency Segment. “As our ARFF business continues to grow, this collaborative effort with Pierce will allow us to become more efficient and deliver enhanced customer benefits.”

The new vehicle is the third Striker now on duty at the airport and replaces an Oshkosh T-Series™ that has been in service at MSP since 1991. It features a 6x6 all-wheel-drive axle configuration and proprietary technologies such as the Oshkosh® TAK-4® independent suspension, triple agent firefighting capabilities and Command Zone™ advanced electronics for enhanced maneuverability, firefighting power and reliability. This Striker 3000 model includes seating for three firefighters, 3,000 gallons of water capacity, 420 pounds of dry chemical, 460 pounds of clean agent and a 1950 GPM single stage pump.
 
“We had a very positive experience with the people at Pierce and Oshkosh – from our first pre-build meeting to the final inspection. Everything went very smoothly,” said MSP International Fire Chief David Burke. “Moreover, one benefit that sets these companies apart is they care what we, as their customer, think. They spent a lot of time with us and wanted our feedback and opinions on the vehicle and new technologies.”

MSP is surrounded by Minneapolis, St. Paul, and the suburban cities of Bloomington, Eagan, Mendota Heights and Richfield, Minn. MSP has one airfield with four runways and two terminal buildings. In 2008, MSP served 34 million passengers and was ranked the 12th busiest airfield in the United States. In 2009, MSP was named the Best Large Airport in North America based on Airport Council International – North America’s Airport Service Quality traveler survey.
About Oshkosh Airport Products
The Oshkosh Airport Group, a division of Oshkosh Corporation, is a designer and builder of industry-leading airport firefighting and snow removal vehicles. Its flagship Striker® Aircraft Rescue and Fire Fighting (ARFF) vehicle and Oshkosh® H-Series™ snow removal chassis are known for their durability and superior performance and sold throughout the world. For more information, visit www.oshkoshairport.com.
 
About Pierce Manufacturing
Pierce Manufacturing Inc., an Oshkosh Corporation [NYSE: OSK] company, is the leading North American manufacturer of custom fire apparatus. Products include custom and commercial pumpers, aerials, rescue trucks, wildland trucks, minipumpers, elliptical tankers, and homeland security apparatus. In addition, Pierce designs its own foam systems and was the first company to introduce frontal airbags and the Side Roll Protection system to fire apparatus. To learn more about Pierce, visit www.piercemfg.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 Corporation manufactures, distributes and services products under the brands of Oshkosh®, JLG®, Pierce®, McNeilus®, Medtec®, Jerr-Dan®, Oshkosh Specialty Vehicles, Frontline™, SMIT™, CON-E- CO®, London® and IMT®. The Oshkosh brands 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.
 
®, ™
All brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies.
 
Forward-Looking Statements
This press release contains statements that the Company believes to be “forward- looking statements” 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’s 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 press release, words such as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” “should,” “project” or “plan” 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’s control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include risks related to the required increase in the rate of production for the M-ATV contract and the amount, if any, of additional orders for M-ATVs that the Company may receive; the cyclical nature of the Company’s access equipment, commercial and fire & emergency markets, especially during a global recession and credit crisis; the duration of the global recession, which could lead to additional impairment charges related to many of the Company’s intangible assets; the expected level and timing of U.S. Department of Defense procurement of products and services and funding thereof, including the outcome of the formal protests of the Family of Medium Tactical Vehicles (FMTV) award to the Company; risks related to reductions in government expenditures and the uncertainty of government contracts; the consequences of financial leverage associated with the JLG acquisition, which could limit the Company’s ability to pursue various opportunities; risks related to the collectability of receivables during a recession, particularly for those businesses with exposure to construction markets; risks related to production delays as a result of the economy’s impact on the Company’s suppliers; the potential for commodity costs to rise sharply, including in a future economic recovery; risks associated with international operations and sales, including foreign currency fluctuations; and the potential for increased costs relating to compliance with changes in laws and regulations. Additional information concerning these and other factors is contained in the Company’s filings with the Securities and Exchange Commission. All forward-looking statements speak only as of the date of this press release. The Company assumes no obligation, and disclaims any obligation, to update information contained in this press release.
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Topics: ARFF

About Oshkosh Airport Products

Oshkosh Airport Products, a division of Pierce Manufacturing Inc., a subsidiary of Oshkosh Corporation (NYSE:OSK), is a designer and builder of industry-leading airport firefighting vehicles. Its flagship Striker® Aircraft Rescue and Fire Fighting (ARFF) vehicles are known for their durability and superior performance and sold throughout the world. For more information, visit www.oshkoshairport.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 approximately 17,000 team members worldwide, all united behind a common purpose: to make a difference in people’s lives. Oshkosh products can be found in more than 150 countries under the brands of JLG®, Hinowa, Power Towers, Pierce®, MAXIMETAL, Oshkosh® Defense, McNeilus®, IMT®, Jerr-Dan®, Frontline™ Communications, Oshkosh® Airport Products, Oshkosh® AeroTech™ and Pratt Miller. For more information, visit www.oshkoshcorp.com

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

Forward Looking Statements

This news release contains statements that the Company believes to be “forward-looking statements” 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’s 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 “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” “should,” “project” or “plan” 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’s control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include the Company's ability to successfully integrate the AeroTech acquisition and to realize the anticipated benefits associated with the same; the risks associated with international operations and sales, including compliance with the Foreign Corrupt Practices Act;  the Company’s 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; the Company’s ability to successfully identify, complete and integrate other acquisitions and to realize the anticipated benefits associated with the same; and risks related to the Company’s 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’s 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’s next quarterly earnings conference call, if at all.

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