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Oshkosh Corporation

#2289

Rank

$6.77B

Marketcap

US United States

Country

Oshkosh Corporation
Leadership team

Mr. John C. Pfeifer (Pres, CEO & Director)

Mr. Michael E. Pack (Exec. VP & CFO)

Mr. Ignacio A. Cortina (Exec. VP, Gen. Counsel & Sec.)

Products/ Services
Automotive, Industrial, Manufacturing
Headquarters
Oshkosh, Wisconsin, United States
Established
1917
Company Registration
SEC CIK number: 0000775158
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
OSK
Social Media
Overview
Location
Summary
Oshkosh Corporation designs, manufactures, and markets specialty vehicles and vehicle bodies worldwide. The company's Access Equipment segment provides aerial work platforms and telehandlers for use in various construction, industrial, institutional, and general maintenance applications. This segment also offers rental fleet loans and leases, and floor plan and retail financing through third-party funding arrangements; towing and recovery equipment; carriers and wreckers; equipment installation services; and chassis and service parts sales. Its Defense segment provides heavy, medium, and light tactical wheeled vehicles and related services for the department of defense. The company's Fire & Emergency segment offers custom and commercial firefighting vehicles and equipment; and commercial fire apparatus and emergency vehicles, such as pumpers, aerial platform, ladder and tiller trucks, tankers, rescue vehicles, wild land rough terrain response vehicles, mobile command and control centers, bomb squad vehicles, hazardous materials control vehicles, and other emergency response vehicles. This segment also provides aircraft rescue and firefighting, snow removal, and broadcast vehicles, as well as command trucks, and military simulator shelters and trailers. Its Commercial segment offers front-and rear-discharge concrete mixers for the concrete ready-mix industry; refuse collection vehicles and related components to commercial and municipal waste haulers; and field service vehicles and truck-mounted cranes for the construction, equipment dealer, building supply, utility, tire service, railroad, and mining industries. Oshkosh Corporation provides its products through direct sales representatives, dealers, and distributors. The company was formerly known as Oshkosh Truck Corporation and changed its name to Oshkosh Corporation in February 2008. Oshkosh Corporation was founded in 1917 and is headquartered in Oshkosh, Wisconsin.
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. 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.The Model 50-50, introduced in 1955, was the first truck created specifically for the hauling of concrete. The first aircraft rescue and firefighting 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.In 1976, the company won a U.S. Army contract to supply 744 M911 heavy equipment transporters, 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.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. The estimated program cost is $47.6 billion. 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. 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.On February 7, 2018 the U.S. Army announced the Family of Medium Tactical Vehicles A2 contract had been awarded to Oshkosh Defense. 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.In February 2021, Oshkosh Defense was awarded the U.S. Postal Service's Next Generation Delivery Vehicle 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 and could be worth over $6 billion.

Mission
Oshkosh Corporation partners with customers to deliver superior solutions that safely and efficiently move people and materials at work, around the globe and around the clock.
Vision
the vision of The Oshkosh Way we have an obligation to lead the company to do what is right. We also have an obligation to raise questions and – if we see possible violations of our policies and principles – consult with the appropriate Human Resources or Compliance representative for further guidance.
Key Team

Mr. James W. Johnson (Exec. VP and Pres of Fire & Emergency Segment)

Ms. Jayanthi Iyengar (Exec. VP and Chief Technology & Strategic Sourcing Officer)

Mr. Frank R. Nerenhausen (Exec. VP & Pres of Access Equipment Segment)

Mr. James Christopher Freeders (Principal Accounting Officer, Sr. VP of Fin. & Controller)

Mr. Anupam Khare (Sr. VP & Chief Information Officer)

Mr. Patrick N. Davidson (Sr. VP of Investor Relations)

Mr. Bryan K. Brandt (Sr. VP & Chief Marketing Officer)

Recognition and Awards
State of Georgia Engineering Fabulous Fifty Awards, PTDA Foundation Distribution Management Award, HATCI Supplier of the Year Award, Daimler Trucks North America's Supplier of the Year Award, Goodfellow Foundation Leadership Academy Award, ASE Quality Excellence Award
References
Oshkosh Corporation
Leadership team

Mr. John C. Pfeifer (Pres, CEO & Director)

Mr. Michael E. Pack (Exec. VP & CFO)

Mr. Ignacio A. Cortina (Exec. VP, Gen. Counsel & Sec.)

Products/ Services
Automotive, Industrial, Manufacturing
Headquarters
Oshkosh, Wisconsin, United States
Established
1917
Company Registration
SEC CIK number: 0000775158
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
OSK
Social Media