ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Oshkosh Awarded $40M Rogue-Fires Order Ahead of MDM 2024

Oshkosh Defense LLC, an Oshkosh Corporation [NYSE: OSK] business, announced today that it was awarded an additional delivery order valued at $40 million for the procurement of Remotely Operated Ground Unit for Expeditionary Fires (ROGUE-Fires) to be used in the Navy/Marine Expeditionary Ship Interdiction System. Oshkosh will showcase ROGUE-Fires at Modern Day Marine (Booth #1915) in Washington, D.C., from April 30 – May 2.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240425879585/en/

12nd Bn., 11th Marines prepare to fire NMESIS missiles. Photo by Cpl Earik Barton. (Photo: Business Wire)

12nd Bn., 11th Marines prepare to fire NMESIS missiles. Photo by Cpl Earik Barton. (Photo: Business Wire)

Developed for the U.S. Marine Corps, ROGUE-Fires is an unmanned ground vehicle (UGV) that leverages the JLTV’s extreme off-road mobility and payload capacity and Oshkosh’s advanced vehicle technologies to support Ground-Based Anti-Ship Missile (GBASM) operations. Designed to operate in both teleoperated and leader/follower modes, ROGUE-Fires serves as a versatile launcher platform capable of handling various weapon payloads. In October 2023, Oshkosh announced the contract to begin low-rate initial production from the Marine Corps Systems Command.

“Today’s award underscores the continued success of the ROGUE-Fires program and Oshkosh’s unwavering commitment to working hand in hand with the Marine Corps, understanding their mission requirements, and equipping our Marines with unparalleled warfighting capabilities,” said Pat Williams, chief programs officer at Oshkosh Defense. “The versatile ROGUE-Fires platform we are displaying at Modern Day Marine for the first time, harnesses cutting-edge technologies and facilitates seamless integration of a multitude of weapon systems. This platform will fulfill diverse mission needs for many years to come."

Oshkosh Defense leadership will be available to discuss ROGUE-Fires and the company’s entire portfolio of vehicles, mobility systems, and leading-edge technologies at Modern Day Marine in booth #1915.

The appearance of U.S. Department of Defense (DoD) visual information does not imply or constitute DoD endorsement.

About Oshkosh Defense

Oshkosh Defense is a global leader in the design, production and sustainment of best-in-class military vehicles, technology solutions and mobility systems. Oshkosh develops and applies emerging technologies that advance safety and mission success. Setting the industry standard for sustaining fleet readiness, Oshkosh ensures every solution is supported worldwide throughout its entire life cycle.

Oshkosh Defense, LLC is an Oshkosh Corporation business [NYSE: OSK]. Learn more about Oshkosh Defense at www.oshkoshdefense.com.

About Oshkosh Corporation

At Oshkosh (NYSE: OSK), we make innovative, mission-critical equipment to help everyday heroes advance communities around the world. Headquartered in Wisconsin, Oshkosh Corporation employs approximately 17,000 team members worldwide, all united behind a common purpose: to make a difference in people’s lives. Oshkosh products can be found in more than 150 countries under the brands of JLG®, Hinowa, Power Towers, Pierce®, MAXIMETAL, Oshkosh® Defense, McNeilus®, IMT®, Jerr-Dan®, Frontline™ Communications, Oshkosh® Airport Products, Oshkosh AeroTech™ and Pratt Miller. For more information, visit oshkoshcorp.com.

®, ™ All brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies.

Forward Looking Statements

This news 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 news 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 risks related to 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 news release. The Company assumes no obligation, and disclaims any obligation, to update information contained in this news 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.

Contacts

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.