OSHKOSH DEFENSE AWARDED $942.9M CONTRACT TO UPDATE WEAPON SYSTEM ON U.S. ARMY STRYKER INFANTRY CARRIER VEHICLES - Seite 2

Oshkosh Defense, LLC is an Oshkosh Corporation company [NYSE: OSK].

Learn more about Oshkosh Defense at www.oshkoshdefense.com.

As a wholly owned subsidiary of Oshkosh Defense, Pratt & Miller Engineering & Fabrication, LLC specializes in advanced engineering, technology and innovation in motorsport and multiple ground vehicle markets.

Learn more about Pratt Miller at www.prattmiller.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 nearly 15,000 team members worldwide, all united behind a common cause: to make a difference in people’s lives. Oshkosh products can be found in more than 150 countries under the brands of JLG, Pierce, Oshkosh Defense, McNeilus, IMT, Jerr-Dan, Frontline, Oshkosh Airport Products, London 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.

About Rafael Advanced Defense Systems

Rafael is an established leader in RWS technology, recognized for delivery of high-performance systems in support of customers' needs. For the past 40 years, through intensive joint development with the Israeli Ministry of Defense (IMOD) and the Israel Defense Forces (IDF), Rafael has gained considerable expertise in the development and production of Weapon Stations for light tactical vehicles, armored combat vehicles and naval vessels, and is currently the main supplier of RWS for the IDF. This extensive experience enables Rafael to continuously implement lessons learned and to improve our products in order to supply optimal solutions, meeting ever-changing operational challenges.

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 the overall impact of the COVID-19 pandemic on the Company’s business, results of operations and financial condition; the duration and severity of the COVID-19 pandemic; actions that may be taken by governmental authorities and others to address or otherwise mitigate the impact of the COVID-19 pandemic; the negative impacts of the COVID-19 pandemic on global economies and the Company’s customers, suppliers and employees; and the cyclical nature of the Company’s Access Equipment, Commercial and Fire & Emergency markets, which are particularly impacted by the strength of U.S. and European economies and construction seasons.