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OSHKOSH, WIS. (November 28, 2011) – Oshkosh Airport Products Group, a division of Oshkosh Corporation (NYSE: OSK), today announces the sale of 10 new generation Oshkosh® Striker® aircraft rescue and firefighting (ARFF) vehicles to Aena Aeropuertos S.A. of Madrid, Spain. The new Striker 6 x 6 models will be placed into service at Madrid Barajas International, as well as other major airports throughout the country. Delivery of the new generation Striker vehicles will begin in September 2012. The contract is valued at over €5 million Euros.
“This major contract is a significant breakthrough for the Oshkosh Airport Products Group, as we successfully demonstrate the strength of the new generation Striker, head-to-head, against tough competitors on the European continent,” said Tim Raupp, Oshkosh Corporation senior vice president, executive director, International Operations - Fire and Emergency. “Aena Aeropuertos S.A. is among the world’s largest, and most respected, airport management and operations groups and we’re thrilled that they chose the new generation Striker.”
Following more than three years of extensive development, the new generation Striker delivers innovative fire suppression technology, unmatched chassis performance, advanced safety systems, unsurpassed reliability and durability, and smart design. Specific features available on the new generation Striker include:
• 6x6 configuration with Oshkosh TAK-4® all wheel independent suspension for smooth ride
• Oshkosh rear steer system to reduce tire wear and improve turning circle
• Turbocharged, 700HP, Tier 4i/Euro 5 emissions compliant engine
• 11,356 liter (3,000 gallon) water tank capacity
• Walk-in engine power pack access through doors on each side of the engine compartment
• Oshkosh low attack bumper turret with high flow discharge and dry chemical capabilities
• Structural firefighting system with crosslay discharges at both sides of the truck
• Dual-Agent swing-out hose reel in a lower compartment
• All new cab design with increased glass area for improved driver visibility to all directions
• Segregated vehicle, fire suppression and lighting system controls
• Intuitive, color-coded controls for fire suppression system and easily identified cab switches
• Two monitor screens in the dash to view the FLIR system, backup camera and Command Zone® advanced electronics system
• Oshkosh vehicle data acquisition system
• Larger roll-up compartment doors and increased overall compartment space for enhanced access to equipment and fire suppression system
Aena Aeropuertos S.A. manages 47 airports and two heliports in Spain and participates directly and indirectly in the management of 28 more airports around the world. It is the world's leading airport operator in terms of passenger numbers, handling nearly 200 million each year.
Photo caption: Ten new generation Oshkosh® Striker® 3000 6 x 6 aircraft rescue and fire fighting (ARFF) vehicles have been sold to Aena Aeropuertos of Madrid, Spain.
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 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®.
®, ™ 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 the expected level and timing of DoD’s procurement of products and services and funding thereof, including the impact of the DoD’s allocation of certain tires which will restrict and delay certain FHTV sales; risks related to reductions in government expenditures in light of U.S. defense budget pressures and an uncertain DoD tactical wheeled vehicle strategy; the cyclical nature of the Company’s access equipment, commercial and fire & emergency markets, especially during periods of global economic uncertainty, lower municipal spending and tight credit markets; the Company’s ability to produce vehicles under the FMTV contract at targeted margins; the duration of the ongoing global economic weakness, which could lead to additional impairment charges related to many of the Company’s intangible assets and/or a slower recovery in the Company’s cyclical businesses than equity market expectations; the potential for the U.S. government to competitively bid the Company’s Army and Marine Corps contracts; the consequences of financial leverage, which could limit the Company’s ability to pursue various opportunities; increasing commodity and other raw material costs, particularly in a sustained economic recovery; the ability to pass on to customers price increases to offset higher input costs; risks related to costs and charges as a result of facilities consolidation and alignment, including that anticipated cost savings may not be achieved; risks related to the collectability of receivables, particularly for those businesses with exposure to construction markets; the cost of any warranty campaigns related to the Company’s products; risks related to production delays arising from supplier quality or production issues; risks associated with international operations and sales, including foreign currency fluctuations and compliance with the Foreign Corrupt Practices Act; the potential for increased costs relating to compliance with changes in laws and regulations; risks related to disruptions in the Company’s distribution networks; and 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 press release. The Company assumes no obligation, and disclaims any obligation, to update information contained in this press 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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