Oshkosh Corporation

Last updated
Oshkosh Corporation
Company type Public
Industry Automotive, Arms industry
Founded1917;107 years ago (1917) (as Wisconsin Duplex Auto Company)
Founders
  • William Besserdich
  • Bernhard Mosling
Headquarters Oshkosh, Wisconsin, U.S.
Number of locations
29 (manufacturing facilities)
Area served
Worldwide
Key people
  • Stephen Newlin
  • (Chairman of the Board)
  • John Pfeifer
  • (President & CEO)
  • Michael Pack
  • (Executive VP & CFO)
Products
  • Specialty trucks
  • Access equipment
  • Military vehicles
Revenue
  • Increase2.svg US$ 7.95 billion
  • (FY Dec. 31 2021)
  • Increase2.svg US$ 466.8 million
  • (FY Dec. 31 2021)
  • Increase2.svg US$ 409.4 million
  • (FY Dec. 31 2021)
Total assets
  • Increase2.svg US$ 6.72 billion
  • (FY Dec. 31 2021)
Total equity
  • Increase2.svg US$ 3.08 billion
  • (FY Dec. 31 2021)
[1]
Number of employees
15,000 [2]  (2022)
Website www.oshkoshcorp.com OOjs UI icon edit-ltr-progressive.svg
Footnotes /references
[3]
Oshkosh facility in Oshkosh, Wisconsin, U.S. OshkoshTruckBuilding.jpg
Oshkosh facility in Oshkosh, Wisconsin, U.S.
Oshkosh North Plant OshkoshTruckPlant.jpg
Oshkosh North Plant

Oshkosh Corporation, formerly Oshkosh Truck, is an American industrial company that designs and builds specialty trucks, military vehicles, truck bodies, airport fire apparatus, and access equipment. The corporation also owns Pierce Manufacturing, a fire apparatus manufacturer in Appleton, Wisconsin, and JLG Industries, a manufacturer of lift equipment, including aerial lifts, boom lifts, scissor lifts, telehandlers and low-level access lifts.

Contents

Based in Oshkosh, Wisconsin, the company employs approximately 15,000 people around the world at 130 facilities in 24 countries. [4] It is organized in four primary business groups: access equipment, defense, fire and emergency, and commercial.[ citation needed ]

History

Founded in 1917 as the Wisconsin Duplex Auto Company, the company was created to build a severe-duty four-wheel-drive truck. After the first prototype was built, the company began to develop rapidly. This first four-wheel-drive truck, known today as "Old Betsy", is still owned by Oshkosh Corporation and housed in the new Global Headquarters building in Oshkosh. The vehicle still runs and is used frequently in demonstrations and parades. [5] [6] The first mass-produced truck was the 2-ton Model A, with seven produced in 1918. The 3.5-ton Model B and 5-ton Model F followed. The Model TR, introduced in 1933, was a diversification for the company and was the first rubber tired earthmover ever built. [7]

The Model 50-50, introduced in 1955, was the first truck created specifically for the hauling of concrete. The first aircraft rescue and firefighting (ARFF) W2206 With rollover snow plows or snow blowers were delivered to all branches of US military for airfield snow removal. Oshkosh has also produced aircraft tow tractors, and in 1968 the company designed and built the U-30 Tow Tractor, 45 of which were built for the U.S. Air Force to tow the Lockheed C-5 Galaxy transport aircraft. [7]

In 1976, the company won a U.S. Army contract to supply 744 M911 heavy equipment transporters, [7] the first in a long line of U.S. Army contracts that now sees Oshkosh Defense as the sole supplier of medium and heavy tactical trucks to the U.S. Army and Marines. [8]

On August 25, 2015, Oshkosh was awarded the U.S. military's Joint Light Tactical Vehicle contract. The initial JLTV award is valued at $6.75 billion for up to 16,901 vehicles. The procurement objective for JLTV stands at 49,099 Army and 9,091 Marines, with the Navy and Air Force also having smaller requirements. [9] The estimated program cost is $47.6 billion. [10] [11] [12] JLTV will partially replace the AM General Humvee.

On November 7, 2017, the Oshkosh Common Council approved a proposal to sell part of the century-old Lake Shore Golf Course along the shore of Lake Butte des Morts to Oshkosh Corp. for its new headquarters. [13] On November 22, 2017, the Oshkosh Corporation announced it would build the new headquarters on the golf course. The city plans to redevelop the rest of the golf course into a new public space. [14]

On February 7, 2018, the U.S. Army announced that the Family of Medium Tactical Vehicles A2 (FMTV A2) contract had been awarded to Oshkosh Defense. [15] Oshkosh was already building the FMTV A1P2, having been awarded this contract in August 2009. As of August 2021, Oshkosh has built around 40,000 FMTVs for the US military and others.

In February 2020, Oshkosh Corporation was named one of the 2020 World's Most Ethical Companies by Ethisphere. [16]

In February 2021, Oshkosh Defense was awarded the U.S. Postal Service's Next Generation Delivery Vehicle (NGDV) mail truck contract for between 50,000 and 165,000 units over ten years, with production start targeted for 2023. The fleet will include low-emissions internal combustion engine vehicles as well as battery electric vehicles (BEVs) and could be worth over $6 billion. [17] [18] [19]

Locations

Oshkosh Corporation is headquartered in Oshkosh, Wisconsin. It has manufacturing operations in eight U.S. states and in Australia, Canada, China, France and Romania, and through investments in joint ventures in Mexico and Brazil. The Access Equipment division is headquartered in McConnellsburg, Pennsylvania; the Defense division in Oshkosh, Wisconsin; the Fire & Emergency division in Appleton, Wisconsin; and the Commercial division in Dodge Center, Minnesota.

Oshkosh products and services are sold in more than 150 countries around the globe. The company also maintains a global service network.

Subsidiaries

Oshkosh Corp. manufactures, distributes, and services products under ten brands: Oshkosh Defense, JLG, Pierce, McNeilus, Jerr-Dan, Oshkosh Airport Products, Pratt Miller, Frontline Communications, London Machinery Inc., and IMT.

Products

Access equipment

Products include JLG and SkyTrak brand telehandlers, wheeled and tracked boom lifts, and other lifting equipment. In November 2022, Oshkosh announced it had entered into a definitive agreement to acquire Hinowa S.p.A., a privately held international company and manufacturer of track-based aerial work platforms, mini dumpers, lift trucks and undercarriages. Once complete, Hinowa will become part of the Oshkosh Access Equipment segment. [20]

Defense

The current and recent main defense products of Oshkosh Defense include the following:

Defense website

Military

Fire, emergency, rescue, recovery, Police and homeland security

Products for these market segments are produced under the Pierce, Oshkosh, Frontline and Jerr-Dan brands, and include pumpers, aerials, tankers, wildland fire appliances, Striker ARFF vehicles, airport crash trucks, snow plows, and various configurations of wreckers and recovery trucks, ambulances/medical vehicles, and police/homeland security vehicles.

Commercial

Oshkosh produces for the commercial/civil market a variety of products under the Jerr-Dan (towing and recovery vehicles), Pratt & Miller (engineering and product development), Frontline Communications (media communications and similar), McNeilus (refuse/garbage and concrete mixers), IMT (field service vehicles and mounted cranes), and London (concrete mixers). Oshkosh will also produce the U.S. Postal Service's Next Generation Delivery Vehicle (NGDV).

Oshkosh acquisitions since 1989

Since 1989, Oshkosh has completed nineteen acquisitions and three divestitures:

See also

Related Research Articles

<span class="mw-page-title-main">Heavy Expanded Mobility Tactical Truck</span> US Army heavy tactical truck, in service since 1982

The Heavy Expanded Mobility Tactical Truck (HEMTT) is an eight-wheel drive, diesel-powered, 10-short-ton (9,100 kg) tactical truck. The M977 HEMTT first entered service in 1982 with the United States Army as a replacement for the M520 Goer, and since that date has remained in production for the U.S. Army and other nations. By Q2 2021, around 35,800 HEMTTs in various configurations had been produced by Oshkosh Defense through new-build contracts and around 14,000 of these had been re-manufactured. Current variants have the A4 suffix.

<span class="mw-page-title-main">Medium Tactical Vehicle Replacement</span> Family of 6x6 tactical trucks with 7-ton payload (U.S. tons)

The Medium Tactical Vehicle Replacement (MTVR) is a series of vehicles used by the U.S. Marines. The first MTVRs were delivered in late 1999. The MTVR is the equivalent of the U.S. Army’s Family of Medium Tactical Vehicles (FMTV); the Marines do not use the FMTV and the Army does not use the MTVR.

<span class="mw-page-title-main">Six-wheel drive</span> Type of drivetrain with all six wheels driven

Six-wheel drive is an all-wheel drive drivetrain configuration of three axles with at least two wheels on each axle capable of being driven simultaneously by the vehicle's engine. Unlike four-wheel drive drivetrains, the configuration is largely confined to heavy-duty off-road and military vehicles, such as all-terrain vehicles, armored vehicles, and prime movers.

<span class="mw-page-title-main">Family of Medium Tactical Vehicles</span> Series of US military trucks since 1996

The Family of Medium Tactical Vehicles (FMTV) is a series of military vehicles that are based on a common chassis and vary by payload and mission requirements. The FMTV is derived from the Austrian Steyr 12M18 truck, but substantially modified to meet United States Army requirements, these including a minimum 50 percent U.S. content.

<span class="mw-page-title-main">Palletized Load System</span> 10×10 heavy tactical truck

The Palletized Load System (PLS) is a truck-based logistics system that entered service in the United States Army in 1993. It performs long and short distance freight transport, unit resupply, and other missions in the tactical environment to support modernized and highly mobile combat units. It provides rapid movement of combat configured loads of ammunition and all classes of supply, shelters and intermodal containers. It is similar to systems such as the British Demountable Rack Offload and Pickup System (DROPS).

<span class="mw-page-title-main">TerraMax</span> Trademark for autonomous/unmanned ground vehicle technology

TerraMax is the trademark for autonomous/unmanned ground vehicle technology developed by Oshkosh Defense. Primary military uses for the technology are seen as reconnaissance missions and freight transport in high-risk areas so freeing soldiers from possible attacks, ambushes or the threat of mines and IEDs. The technology could also be used in civilian settings, such as autonomous snow clearing at airports.

<span class="mw-page-title-main">Logistics Vehicle System</span> American military vehicle family

The Logistics Vehicle System (LVS), nicknamed by U.S. Marines as "Dragon Wagon", is a modular assortment of eight-wheel drive all-terrain vehicle unit combinations used by the United States Marine Corps.

<span class="mw-page-title-main">Joint Light Tactical Vehicle</span> Light tactical vehicle

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<span class="mw-page-title-main">M1120 HEMTT Load Handling System</span> 10-ton, 8×8 heavy tactical truck

The M1120 HEMTT LHS is a M977 Heavy Expanded Mobility Tactical Truck with a load handling system in place of a flat bed/cargo body. The HEMTT is an eight-wheel drive, diesel-powered, tactical truck used by the US military and others. The HEMTT is manufactured by Oshkosh Defense and entered Army service in 1982, with the M1120 variant first produced in 1999.

<span class="mw-page-title-main">Oshkosh M-ATV</span> Mine-resistant ambush protected vehicle (MRAP), light utility vehicle

The Oshkosh M-ATV is a mine-resistant ambush protected (MRAP) vehicle developed by the Oshkosh Corporation for the MRAP All Terrain Vehicle (M-ATV) program. Intended to replace M1114 HMMWVs (Humvee), it is designed to provide the same levels of protection as the larger and heavier previous MRAPs, but with improved mobility.

<span class="mw-page-title-main">Future Tactical Truck System</span> Utility vehicle

The Future Tactical Truck System (FTTS) was a United States Armed Forces program for which the Operational Requirements Document was drawn up during 2003. FTTS was a proposed two vehicle modular family that was to replace the AM General High Mobility Multipurpose Wheeled Vehicle, Family of Medium Tactical Vehicles (FMTV), Oshkosh M977 Heavy Expanded Mobility Tactical Truck (HEMTT), Palletized Load System (PLS), and all remaining M35, M809 and M939 series of 2.5 and 5 ton trucks. The FTTS-UV was to replace the HMMWV, while the FTTS-MSV was to replace all other types.

Motor transport (MT) refers to the operation and maintenance of a military vehicle fleet, and sometimes to the servicemembers to operate and maintain them. Traditionally, motor transport organizations are responsible for a unit's military trucks and associated equipment, as well as the transport of personnel and material from one place to another.

<span class="mw-page-title-main">Oshkosh L-ATV</span> Military light utility/combat multi-role vehicle

The Oshkosh L-ATV is a light utility/combat multi-role vehicle that won the US military's Army-led Joint Light Tactical Vehicle (JLTV) program. In the very early stages of the program it was suggested that JLTV would replace the AM General High Mobility Multi-purpose Wheeled Vehicle (HMMWV) on a one-for-one basis. It is now suggested that the JLTV will partly replace the HMMWV, not replace it on a like-for-like basis.

<span class="mw-page-title-main">Logistic Vehicle System Replacement</span> 10x10 tactical trucks with up to 16.5 / 22.5 ton off-road / on-road payload (MKR18 cargo)

The Logistic Vehicle System Replacement (LVSR) is a family of heavy-duty military logistics vehicles of the United States Marine Corps (USMC) based on a common 5-axle ten-wheel drive (10x10) chassis. The vehicles vary in individual configuration by mission requirements, with three variants in service: a cargo, a wrecker and a tractor truck. The LVSR was designed and is manufactured by Oshkosh Defense.

<span class="mw-page-title-main">Oshkosh TAK-4 Independent Suspension System</span> Weapon

TAK-4 independent suspension system is a family of independent suspension systems designed and manufactured by Oshkosh Corporation for use on military, severe-duty and emergency vehicles. The system was developed from the mid-1990s.

<span class="mw-page-title-main">Oshkosh P-19R Aircraft Rescue and Fire Fighting vehicle</span> Aircraft Rescue and Fire Fighting (ARFF) vehicle

The Oshkosh P-19R is an Aircraft Rescue and Fire Fighting (ARFF) vehicle and it was selected by the United States Marine Corps in 2013. The first delivery occurred in June 2017, Initial Operating Capability (IOC) followed in February 2018, and in service the P-19R serves as a first-response vehicle in aircraft fire emergencies at military bases and expeditionary airfields.

References

  1. ↑ "Financials" (PDF). U.S. Securities and Exchange Commission . Retrieved December 15, 2022.
  2. ↑ "Oshkosh". Oshkosh. Retrieved December 1, 2022.
  3. ↑ "US SEC: Form 10-K SEP 30 2017". U.S. Securities and Exchange Commission . Retrieved March 8, 2018.
  4. ↑ "Oshkosh". Oshkosh. Retrieved December 1, 2022.
  5. ↑ Scott Eden, "The War Within: The Deal that Saved Oshkosh Archived March 4, 2016, at the Wayback Machine ", TheStreet.com, November 19, 2009.
  6. ↑ Archived March 18, 2009, at the Wayback Machine
  7. 1 2 3 Jungwirth, Clarence (1992). "Oshkosh Trucks 75 Years Of Speciality Truck Production". Osceola WI, U.S: Motorbooks International: 13–18 29–32.{{cite journal}}: Cite journal requires |journal= (help)
  8. ↑ "Oshkosh M977 heavy expanded mobility tactical truck (HEMTT) and M989A1 heavy expanded mobility ammunition trailer (HEMAT)". IHS Jane's Shaun C Connors & Christopher F Foss. June 14, 2015. Retrieved October 29, 2015.
  9. ↑ "Oshkosh JLTV". Janes. Retrieved August 13, 2021.
  10. ↑ Daniel Wasserbly. "Pentagon: JLTV programme costs decrease". IHS Jane's. Retrieved March 30, 2016.
  11. ↑ Capaccio, Anthony (August 25, 2015). "Oshkosh Wins $30 Billion U.S. Army Contract to Build Humvee Replacement". Bloomberg.
  12. 1 2 "Oshkosh Beats Lockheed, AM General For Historic JLTV Win". Breaking Defense. August 26, 2015. Retrieved August 26, 2015.
  13. ↑ Nate Beck (November 8, 2017). "Oshkosh OKs deal to sell Lakeshore golf course in effort to keep Oshkosh Corp. HQ". Oshkosh Northwestern. Retrieved November 24, 2017.
  14. ↑ Nate Beck (November 22, 2017). "Oshkosh Corp. will keep its headquarters in Oshkosh, settling at Lakeshore". Northwestern Media. Retrieved November 24, 2017.
  15. ↑ "Oshkosh lands Army's next-gen Medium Tactical Vehicles contract". Defense News(Jen Judson - author). February 8, 2018. Retrieved August 13, 2021.
  16. ↑ "Oshkosh Corporation named a World's Most Ethical Company for fifth consecutive year". finance.yahoo.com. Retrieved March 5, 2020.
  17. ↑ "USPS SELECTS OSHKOSH DEFENSE FOR NEXT GENERATION DELIVERY VEHICLE FLEET". finance.yahoo.com. Retrieved February 23, 2021.
  18. ↑ Szymkowski, Sean. "USPS picks Oshkosh Defense for future electric mail trucks". Roadshow. Retrieved February 23, 2021.
  19. ↑ Beresford, Colin (February 23, 2021). "USPS Chooses Oshkosh Defense to Replace Its Mail-Delivery Trucks". Car and Driver. Retrieved February 23, 2021.
  20. ↑ "JLG to acquire Hinowa". vertikal.net. Retrieved November 16, 2022.
  21. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 "Products". Oshkosh Defense. September 18, 2015. Archived from the original on January 26, 2016. Retrieved December 18, 2015.
  22. ↑ "Advanced Suspension Technology". Oshkosh Defense. September 18, 2015. Retrieved December 18, 2015.
  23. ↑ "Oshkosh Truck Corporation". www.encyclopedia.com. Retrieved January 4, 2017.
  24. ↑ "Kewaunee Fabrications". Kewaunee Fabrications. Retrieved December 18, 2015.
  25. ↑ "Oshkosh Corporation Announces Shutdown of Medtec Ambulance - Journal of Emergency Medical Services". Jems.com. June 30, 2012. Retrieved December 18, 2015.
  26. ↑ "Oshkosh Corporation to Sell Geesink Norba Group to Platinum". Bloomberg. May 4, 2009. Retrieved December 18, 2015.
  27. ↑ "Asset Purchase". Abnormal Use. March 10, 2010. Retrieved December 18, 2015.
  28. ↑ "History". Jerr-Dan. Retrieved December 18, 2015.
  29. ↑ "Nature of Operations". Sec.gov. Retrieved December 18, 2015.
  30. ↑ "Contact CON-E-CO | Concrete Equipment Company". Con-e-co.com. February 3, 2015. Retrieved December 18, 2015.
  31. ↑ "Oshkosh Truck Adds London Machinery". Connection.ebscohost.com. Archived from the original on December 22, 2015. Retrieved December 18, 2015.
  32. ↑ "AK Specialty Vehicles to change name to Oshkosh Specialty Vehicles". Trailer-bodybuilders.com. November 27, 2006. Retrieved December 18, 2015.
  33. ↑ "Oshkosh Truck acquires Iowa Mold Tooling". Rental Pulse.
  34. ↑ "OSHKOSH CORPORATION ACQUIRES MAXI-MÉTAL INC" . Retrieved November 30, 2022.
  35. ↑ "JLG to acquire Hinowa". vertikal.net. Retrieved November 16, 2022.
  36. ↑ "OSHKOSH CORPORATION ACQUIRES AEROTECH".

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