Oshkosh Corporation Awarded Contracts to Support M-ATVs in Afghanistan

OSHKOSH, Wis.--(Business Wire)--
Oshkosh Corporation (NYSE:OSK), announced today that through its Defense
division, it has received two contracts valued at more than $28 million for
spare parts and support of its MRAP All Terrain Vehicles (M-ATV) in Afghanistan.
The contracts include a $16 million order from the U.S. Defense Logistics Agency
(DLA) for spare parts and a $12 million order for aftermarket support from the
U.S. Army Tank-automotive and Armaments Command Life Cycle Management Command
(TACOM LCMC).

"Oshkosh Corporation`s broad range of offerings, including our parts supply
network and fully trained field service team, will provide our Armed Forces with
an unparalleled level of support," said Robert G. Bohn, Oshkosh Corporation
chairman and chief executive officer. "Our in theater M-ATV service and support
will help ensure these highly mobile vehicles operate at full capability in very
challenging conditions."

Under the contract, Oshkosh Defense will provide M-ATV spare parts to the DLA to
be used as in the field replacements after the parts delivered with the vehicles
have been consumed. These parts will ship without delay as vehicles arrive to
maintain optimal readiness rates.

Additionally, Oshkosh field service representatives (FSR) will support the M-ATV
program in-theater through September 2010. Oshkosh Defense provides the complete
spectrum of service and support to the M-ATV fleet in the Afghan theater.
Building on its experience from Operation Iraqi Freedom, Oshkosh FSRs can
operate service facilities on any of the forward operating bases that might
require more support than internal assets can provide.

Oshkosh will complete production of the current M-ATV contract, valued at more
than $2.7 billion, for 5,219 vehicles in March 2010. The company has delivered
ahead of schedule each month since the contract award on June 30, 2009, and
expects to ramp production up to 1,000 vehicles per month in December. The first
Oshkosh M-ATVs were delivered to Afghanistan on Oct. 1, 2009, just three months
after Oshkosh was awarded the M-ATV contract.

Oshkosh Defense teamed with Plasan North America to provide an advanced armor
solution for the M-ATV. Plasan also developed the armor system used on more than
5,000 legacy MRAPs and thousands of Oshkosh Armored Cab MTVRs already in
theater.

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®, Oshkosh Specialty Vehicles, Frontline, SMIT, 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.

®, 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 consequences of financial leverage associated with the JLG
acquisition, including the level of the Company`s borrowing costs, the increased
interest rates the Company would face if it experienced a deterioration or
downgrade in credit agency ratings and the Company`s ability to maintain
compliance with its financial covenants under its credit agreement; 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; risks related to the required
increase in the rate of production for the M-ATV and FMTV contracts, and the
amount, if any, of additional orders for M-ATVs and/or FMTVs that the Company
may receive; the outcome of the formal protests of the FMTV award to the
Company: the expected level and timing of U.S. Department of Defense procurement
of products and services and funding thereof; risks related to reductions in
government expenditures and the uncertainty of government contracts; 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 in a
future economic recovery; risks associated with international operations and
sales, including foreign currency fluctuations; risks related to the
collectibility of receivables during a recession, particularly for those
businesses with exposure to construction markets; 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 duty, to update or revise
publicly any forward-looking statements, whether as a result of new information,
future events or otherwise.

Oshkosh Corporation
Financial:
Patrick Davidson
Vice President, Investor Relations
920.966.5939
or
Media:
Ann Stawski
Vice President, Marketing Communications
920.966.5959

Copyright Business Wire 2009