Oshkosh Corporation (holding Company)NYSE: OSK

Oshkosh Defense Begins Production of First DXPV Prototype for Netherlands Ministry of Defence

· Issued by Oshkosh Corporation (holding Company) via Business Wire

Oshkosh Defense Europe B.V. together with Oshkosh Defense, LLC, an Oshkosh Corporation (NYSE: OSK) business, today announced it has begun production of its first Dutch Expeditionary Patrol Vehicle (DXPV) prototype, also known as the “Kaaiman,” for the Netherlands Ministry of Defence (MoD). This milestone demonstrates the strategic value of an active Joint Light Tactical Vehicle (JLTV) production line, enabling Oshkosh Defense to rapidly translate evolving mission requirements into advanced, production-ready capabilities for U.S. and allied customers.

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The Dutch Expeditionary Patrol Vehicle (DXPV): purpose-built for evolving expeditionary and littoral mission requirements, engineered on the proven JLTV platform.

The Dutch Expeditionary Patrol Vehicle (DXPV): purpose-built for evolving expeditionary and littoral mission requirements, engineered on the proven JLTV platform.

Derived from the combat-proven Oshkosh JLTV, the DXPV incorporates customer informed enhancements designed to address evolving expeditionary and littoral mission requirements. Building on an existing platform enables Oshkosh Defense to accelerate delivery while providing customers with the confidence of a mature, fielded solution.

"The start of DXPV prototype production is an important step in delivering next-generation capability to the Netherlands," said Jeff Heggemeier, Vice President & General Manager of Oshkosh Defense. "Just as importantly, it demonstrates the strength of an active production base and our ability to continuously evolve proven vehicle technologies to address the changing needs of our customers and their missions."

Purpose-Built Enhancements

Developed through close collaboration with customers, the DXPV incorporates enhancements including improved mobility, corrosion protection optimized for maritime environments, modular protection options, environmental upgrades, integrated mission systems, and suspension improvements that increase off-road performance and operational flexibility.

Produced on Oshkosh Defense's active production line, the DXPV demonstrates the company's ability to rapidly deliver customer-driven capability with a modular architecture that supports future upgrades and mission-specific configurations. The same production operations are also supporting the manufacture of JLTV-based Counter-Unmanned Aircraft System (C-UAS) vehicles to meet an urgent customer need. Together, these efforts demonstrate Oshkosh Defense's ability to execute multiple customer priorities while maintaining exceptional quality and schedule performance.

"Production readiness matters," Heggemeier said. " Because we're building on a mature platform from an active production line, we can move from concept to prototype much faster than traditional vehicle development. That allows us to deliver capability quickly while maintaining the quality and reliability our customers expect.”

Supporting Modern Expeditionary Operations

As allied nations continue to modernize their fleets, the DXPV demonstrates how Oshkosh Defense can evolve trusted platforms like the JLTV to meet changing operational requirements while reducing development timelines and lifecycle risk. The program reflects Oshkosh Defense’s ability to transition efficiently from development to production. This approach enables customers to field new capabilities while preserving the reliability and performance of a platform already proven in service.

About Oshkosh Defense

Oshkosh Defense, an Oshkosh Corporation business [NYSE: OSK], delivers adaptable, connected, and survivable systems critical to the modernization and readiness of the U.S. and its allied forces. As a trusted mobility integrator, Oshkosh brings advanced vehicles, intelligent systems, and mission-critical technologies together into unified solutions built for evolving operational demands. Combining defense expertise with commercial scale, Oshkosh accelerates innovation from development through deployment. And because the mission does not end at fielding, Oshkosh provides global sustainment, lifecycle support, and aftermarket solutions that keep fleets ready while advancing the future of defense mobility.

Learn more at OshkoshDefense.com.

About Oshkosh Corporation

At Oshkosh (NYSE: OSK), we design, develop and deliver purpose-built vehicles, equipment and services that help everyday heroes build, serve and protect communities around the world. Headquartered in Wisconsin, Oshkosh Corporation employs over 19,000 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®, Pierce®, MAXIMETAL, Oshkosh® S-Series™, McNeilus®, IMT®, Jerr-Dan®, Frontline™ Communications, Oshkosh® Airport Products, Oshkosh AeroTech™, Oshkosh® Defense and Pratt Miller. For more information, visit oshkoshcorp.com.

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,” “could,” “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, develop and commercialize new products and technologies, realize the anticipated benefits of strategic investments and partnerships, 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, including its most recent Form 10-K. 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.

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