Oshkosh Corporation

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Oshkosh Corporation
Company typePublic
NYSEOSK
S&P 400 Component
IndustryAutomotive
Founded1917; 107 years ago (1917)
FounderWilliam Besserdich, Bernhard Mosling
Headquarters,
Number of locations
31
Area served
Worldwide
Key people
Wilson Jones(CEO) )[1]
ProductsSpecialty trucks, access equipment, military vehicles
RevenueIncreaseUS$ 6.28 billion(FY 2016)[2]
DecreaseUS$ 364 million (FY 2016)[2]
DecreaseUS$ 216.4 million (FY 2016)[2]
Total assetsDecreaseUS$ 4.51 billion (FY 2016)[2]
Total equityIncreaseUS$ 1.98 billion (FY 2016)[2]
Number of employees
13,800 (approx.) [2]
Websitewww.oshkoshcorporation.com
Oshkosh global headquarters in Oshkosh, Wisconsin, USA
Oshkosh 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. Based in Oshkosh, Wisconsin, the company employs 12,000 people around the world.[2][3] It is organized in four primary business groups: access equipment, defense, fire and emergency, and commercial.

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 one of its assembly plants in Oshkosh. The vehicle still runs and is used frequently in demonstrations and parades.[4][5] 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.[6]

The Model 50-50, introduced in 1955, was the first truck created specifically for the hauling of concrete. The first ARFF built by Oshkosh was a W Series truck delivered to the U.S. Coast Guard in 1953. Oshkosh has also produced aircraft tow tractors, and in 1968 the company designed and built the U-30, 45 of which were built for the U.S. Air Force to tow the Lockheed C-5 Galaxy transport aircraft.[6]

In 1976 the company won a U.S. Army contract to supply 744 M911 heavy equipment transporters,[6] 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.[7]

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 54,599 vehicles (49,099 Army; 5500 Marines), the estimated program cost being $47.6 billion.[8][9][10] JLTV will partially replace the AM General Humvee.

Locations

Oshkosh Corporation is headquartered in Oshkosh, Wisconsin. It has manufacturing operations in eight U.S. states and in Australia, Belgium, 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 130 countries around the globe. The company also maintains a global service network.

Subsidiaries

Oshkosh Corp. manufactures, distributes and services products under the brands of Oshkosh, JLG, Pierce, McNeilus, Jerr-Dan, Oshkosh Specialty Vehicles, Frontline Communications, CON-E-CO, London Machinery Inc., and IMT.

Products

Access equipment

Products include JLG and SkyTrak brand telehandlers, wheeled and tracked boom lifts, and other lifting equipment.

Defense

  • Light Combat Tactical All-Terrain Vehicle (L-ATV).[10][11] L-ATV was announced as winner of the Joint Light Tactical Vehicle (JLTV) requirement in August 2015.The first JLTV order was placed in March 2016. The JLTV will part-replace the AM General HMMWV/Humvee.
  • Family of Medium Tactical Vehicles (FMTV).[11] The FMTV is the U.S. Army's standard 2.5- and 5-ton truck. The FMTV was originally manufactured by Stewart and Stevenson (1996-2006), then by Armor Holdings (2006-2007), then by what is now BAE Systems Platforms & Services. From 2011 it has been manufactured by Oshkosh.
  • HET; Global HET, M1070/M1070A1.[11] The M1070, in A0 and A1 configurations, is the U.S. Army's current tank transporter tractor. The Global HET is essentially a M1070A1 with three axles instead of four.
  • Heavy Expanded Mobility Tactical Truck - M977 HEMTT.[11] The HEMTT is the U.S. Army's standard 10-ton truck. In evolving configurations it has been in continuous production since 1982; current variants suffixed A4.
  • Heavy Expanded Mobility Tactical Truck HEMTT A3 diesel-electric.[11] The HEMTT A3 was a prototype/developmental design with a diesel-electric drive system.
  • LVS (Logistics Vehicle System).[11] A U.S. Marine Corps 8x8 truck that has been replaced by the LVSR
  • Logistics Vehicle System Replacement (LVSR).[11] The LVSR is a family of vehicles, based on a common 5-axle ten-wheel drive 10x10 chassis, that vary in individual configuration by mission requirements. It replaced the LVS.
  • M-ATV (MRAP All-Terrain Vehicle).[11]A medium-weight mine blast protected vehicle originally developed for use in Afghanistan.
  • MTVR (Medium Tactical Vehicle Replacement).[11]. The MTVR is the standard 5-ton truck of the U.S. Marines.
  • Wheeled Tanker. [11] A UK-specific MTVR development.
  • Sand Cat.[11] A light protected vehicle based on a Ford F550 chassis.
  • P-19R.[11] U.S. Marines' Aircraft Rescue Fire Fighting (ARFF) truck.
  • Special Purpose All-Terrain Vehicle (S-ATV).[11] A developmental light all-terrain buggy-type design
  • Palletized Load System (PLS); M1074/M1075 trucks and M1076 trailer.[11] Five-axle all-wheel drive trucks and companion three-axle trailers; trucks fitted with a hooklift-type load-handling system
  • TAK-4/TAK-4i. An independent suspension system[12]
  • HMMWV with TAK-4 Suspension (HMMWV/Humvee) upgrade proposal[11]
  • HMMWV Recap (Recapitalization proposal for AM General High Mobility Multi-purpose Wheeled Vehicle (HMMWV/Humvee))[11]
  • COMMAND ZONE Integrated Control And Diagnostics System[11]
  • Propulse hybrid diesel-electric system[11]
  • TerraMax.[11] Autonomous vehicle technology.
  • Medium Tactical Truck (MTT).[13] A medium weight lower cost alternative to the MTVR.
  • Packhorse Trailer System.[14]
  • CORE 1080 Crew Protection System.[11]
  • Expeditionary Power Generation.[15]
  • Multi-Mission Recovery System (MMRS).[15]
  • M911. A three- or four-axle tank transporter tractor supplied to the U.S. Army and others.
  • Integrated Product Support.[16]

Gallery

Fire and emergency

Gallery

Commercial

Acquisitions

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

  • 1989- Oshkosh RV Chassis from Deer and Co. (divested to Freightliner in 1995) [17]
  • 1996- Pierce Manufacturing, Inc.
  • 1997- Nova Quintech
  • 1998- McNeilus Companies, Inc.
  • 1999- Kewaunee Fabrications, L.L.C.[18]
  • 1999- Viking Truck & Equipment
  • 2000- Medtec Ambulance Corporation (Defunct as of July 2012[19])
  • 2001- Geesink Norba Group (divested 2009[20])
  • 2001- TEMCO[21]
  • 2004- Jerr-Dan Corporation[22]
  • 2004- BAI Corporation (divested 2009[23])
  • 2005- CON-E-CO[24]
  • 2005- London Machinery, Inc.[25]
  • 2006- AK Specialty Vehicles, now known as Oshkosh Specialty Vehicles.[26]
  • 2006- IMT (Iowa Mold Tooling)[27]
  • 2006- JLG Industries

See also

References

  1. ^ "Oshkosh Corporation Announces Retirement of CEO Charles Szews; President Wilson Jones Named as Successor". Oshkosh. September 17, 2015. Retrieved September 22, 2015.
  2. ^ a b c d e f g "Oshkosh Corporation (OSK)". Oshkosh Corporation.
  3. ^ Company Profile
  4. ^ Scott Eden, "The War Within: The Deal that Saved Oshkosh", TheStreet.com, November 19, 2009.
  5. ^ [1] Archived March 18, 2009, at the Wayback Machine
  6. ^ a b c 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)
  7. ^ "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.
  8. ^ Daniel Wasserbly. "Pentagon: JLTV programme costs decrease". IHS Jane's. Retrieved March 30, 2016.
  9. ^ Capaccio, Anthony (August 25, 2015). "Oshkosh Wins $30 Billion U.S. Army Contract to Build Humvee Replacement". Bloomberg.
  10. ^ a b "Oshkosh Beats Lockheed, AM General For Historic JLTV Win". Breaking Defense. Retrieved August 26, 2015.
  11. ^ a b c d e f g h i j k l m n o p q r s t "Products". Oshkosh Defense. September 18, 2015. Retrieved December 18, 2015.
  12. ^ "Advanced Suspension Technology". Oshkosh Defense. September 18, 2015. Retrieved December 18, 2015.
  13. ^ "Oshkosh MTT General Utility Truck". Military-Today.com. Retrieved December 18, 2015.
  14. ^ "Oshkosh Specialty Vehicles". Oshkoshsv.com. Retrieved December 18, 2015.
  15. ^ a b "Expeditionary Power Generation". Oshkosh Defense. September 18, 2015. Retrieved December 18, 2015.
  16. ^ "Integrated Product Support". Oshkosh Defense. September 18, 2015. Retrieved December 18, 2015.
  17. ^ "Oshkosh Truck Corporation". www.encyclopedia.com. Retrieved January 4, 2017.
  18. ^ "Kewaunee Fabrications". Kewaunee Fabrications. Retrieved December 18, 2015.
  19. ^ "Oshkosh Corporation Announces Shutdown of Medtec Ambulance - Journal of Emergency Medical Services". Jems.com. June 30, 2012. Retrieved December 18, 2015.
  20. ^ "Oshkosh Corporation to Sell Geesink Norba Group to Platinum". Bloomberg. May 4, 2009. Retrieved December 18, 2015.
  21. ^ "Asset Purchase". Abnormal Use. March 10, 2010. Retrieved December 18, 2015.
  22. ^ "History". Jerr-Dan. Retrieved December 18, 2015.
  23. ^ "Nature of Operations". Sec.gov. Retrieved December 18, 2015.
  24. ^ "Contact CON-E-CO | Concrete Equipment Company". Con-e-co.com. February 3, 2015. Retrieved December 18, 2015.
  25. ^ "Oshkosh Truck Adds London Machinery". Connection.ebscohost.com. Retrieved December 18, 2015.
  26. ^ "AK Specialty Vehicles to change name to Oshkosh Specialty Vehicles". Trailer-bodybuilders.com. November 27, 2006. Retrieved December 18, 2015.
  27. ^ Oshkosh Truck acquires Iowa Mold Tooling

External links