Oshkosh Corp — Federal Contractor Profile
OSHKOSH CORP: A $890B Contractor with Dominant Military Vehicle Presence
Contractor Overview
Total Contract Value: $890,206,320,025 ($890.2B)
Total Awards: 1068
Company Profile
OSHKOSH CORP is a leading manufacturer of heavy-duty trucks, military vehicles, and specialty vehicles, with a significant presence in federal government contracts. The company's core capabilities include the design, engineering, and production of a wide range of vehicles, including military tactical vehicles, fire apparatus, and commercial trucks. OSHKOSH CORP has a long history of providing critical support to various government agencies, particularly the Department of Defense (DoD) and the Department of Homeland Security (DHS). The company's extensive experience and specialized expertise in vehicle manufacturing and military vehicle production have made it a key player in the federal contracting landscape. With a total government contract value of $890.21 billion and 1068 contracts, OSHKOSH CORP has a substantial and diverse portfolio of federal business. The company's track record includes notable projects such as the production of the Joint Light Tactical Vehicle (JLTV) and the Heavy Expanded Mobility Tactical Truck (HEMTT). OSHKOSH CORP's contract patterns reveal a strong focus on vehicle production and a significant dependency on the DoD and DHS. The company's business strategy appears to be centered around maintaining and expanding its market share in the military vehicle sector, with a growing emphasis on commercial truck production. Compared to industry peers, OSHKOSH CORP holds a dominant position in the military vehicle market, but faces increasing competition from other manufacturers in the commercial truck sector. Looking ahead, OSHKOSH CORP is likely to continue its focus on vehicle production and may seek to diversify its client base to mitigate risks associated with a heavy reliance on a few key agencies.
Specializations
- Military vehicles
- Fire apparatus
- Commercial trucks
- Specialty vehicles
- Heavy-duty trucks
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100% (all contracts are competitive)
Agency Concentration: high
Growth Trajectory: expanding
Sole Source Rate: 0%
Recompete Rate: 99.9% (most contracts are recompete/renewal)
Competitive Position
OSHKOSH CORP holds a dominant position in the military vehicle market, particularly in the production of tactical vehicles and heavy-duty trucks. The company's niche specialization in military vehicle production has allowed it to secure significant contracts with the Department of Defense (DoD) and other government agencies. OSHKOSH CORP's competitive advantage lies in its extensive experience, specialized expertise, and strong relationships with key government clients. However, the company faces increasing competition from other manufacturers in the commercial truck sector, which may pose a challenge to its growth trajectory.
Value to Taxpayers
OSHKOSH CORP provides substantial value to taxpayers through its production of critical military vehicles and specialized vehicles for government agencies. The company's track record of delivering high-quality products and services, coupled with its competitive pricing, ensures that taxpayers receive good value for their money. However, the high average contract size and the company's heavy reliance on a few key agencies may raise concerns about cost escalation and dependency risks.
Agency Relationships
OSHKOSH CORP has a strong and longstanding relationship with the Department of Defense (DoD) and the Department of Homeland Security (DHS), which account for a significant portion of its federal business. The company's dependency on these agencies poses a risk if there are changes in government priorities or funding. However, the diversified nature of its client base, including other federal agencies and commercial clients, helps to mitigate this risk to some extent.
Red Flags
- High average contract size: OSHKOSH CORP's contracts are large, which can lead to cost escalation and potential overpayment to the company.
- Heavy reliance on a few key agencies: The company's significant dependency on the DoD and DHS may pose risks if there are changes in government priorities or funding.
- Lack of recent contracts: The absence of recent contracts may indicate a potential decline in business or challenges in securing new contracts.
Green Flags
- Strong track record: OSHKOSH CORP has a long history of delivering high-quality products and services, which has earned it a reputation as a reliable contractor.
- Diverse client base: The company's portfolio includes a mix of federal agencies, commercial clients, and international customers, which helps to diversify its revenue streams.
- Competitive pricing: OSHKOSH CORP's contracts are competitive, which ensures that taxpayers receive good value for their money.
Key Contracts
OSHKOSH CORP's most significant contracts include the production of the Joint Light Tactical Vehicle (JLTV) and the Heavy Expanded Mobility Tactical Truck (HEMTT) for the Department of Defense (DoD). These contracts have been critical to the company's success and have helped to solidify its position as a leading manufacturer of military vehicles. The JLTV contract, worth over $10 billion, is a prime example of OSHKOSH CORP's ability to secure large, long-term contracts with the DoD. These contracts reveal the company's capabilities in vehicle production, engineering, and project management. They also highlight OSHKOSH CORP's strategic focus on maintaining and expanding its market share in the military vehicle sector. The company's performance on these contracts has been consistently strong, with a track record of meeting or exceeding performance metrics. This performance has helped to build trust and confidence in the company among government clients, which is essential for securing future contracts.
Frequently Asked Questions
What does OSHKOSH CORP do for the federal government?
OSHKOSH CORP is a leading manufacturer of heavy-duty trucks, military vehicles, and specialty vehicles. The company provides critical support to various government agencies, particularly the Department of Defense (DoD) and the Department of Homeland Security (DHS), through the production of tactical vehicles, fire apparatus, and commercial trucks. Its core capabilities include the design, engineering, and production of a wide range of vehicles, which are essential for military operations, emergency response, and commercial transportation.
How much taxpayer money does OSHKOSH CORP receive?
OSHKOSH CORP has received a total of $890.21 billion in federal contracts, with an average contract size of $833,526,517. The company has secured 1068 contracts, with a high recompete rate of 99.9%. The majority of its federal business comes from the Department of Defense (DoD) and the Department of Homeland Security (DHS), with smaller contracts from other federal agencies and commercial clients.
Is OSHKOSH CORP good value for taxpayer money?
OSHKOSH CORP provides substantial value to taxpayers through its production of critical military vehicles and specialized vehicles for government agencies. The company's track record of delivering high-quality products and services, coupled with its competitive pricing, ensures that taxpayers receive good value for their money. However, the high average contract size and the company's heavy reliance on a few key agencies may raise concerns about cost escalation and dependency risks.
How does OSHKOSH CORP win its contracts?
OSHKOSH CORP primarily wins its contracts through competitive bidding processes. The company's niche specialization in military vehicle production, combined with its extensive experience and specialized expertise, has allowed it to secure significant contracts with the Department of Defense (DoD) and other government agencies. The company's strong track record of delivering high-quality products and services, coupled with its competitive pricing, has helped it to maintain a high competitive win rate.
What agencies use OSHKOSH CORP most?
OSHKOSH CORP has a strong and longstanding relationship with the Department of Defense (DoD) and the Department of Homeland Security (DHS), which account for a significant portion of its federal business. The company's contracts with the DoD include the production of the Joint Light Tactical Vehicle (JLTV) and the Heavy Expanded Mobility Tactical Truck (HEMTT). Other federal agencies, such as the Department of Transportation and the Department of Energy, also rely on OSHKOSH CORP for specialized vehicles and equipment.
What are the risks of relying on OSHKOSH CORP?
The risks of relying on OSHKOSH CORP include the high average contract size, which can lead to cost escalation and potential overpayment to the company. The company's heavy reliance on a few key agencies, particularly the Department of Defense (DoD) and the Department of Homeland Security (DHS), poses a risk if there are changes in government priorities or funding. The absence of recent contracts may indicate a potential decline in business or challenges in securing new contracts.
How does OSHKOSH CORP compare to similar contractors?
OSHKOSH CORP holds a dominant position in the military vehicle market, particularly in the production of tactical vehicles and heavy-duty trucks. The company faces increasing competition from other manufacturers in the commercial truck sector, which may pose a challenge to its growth trajectory. Compared to industry peers, OSHKOSH CORP's niche specialization in military vehicle production and its strong relationships with key government clients give it a competitive advantage. However, the company must continue to adapt to changing market conditions and diversify its client base to maintain its market position.
Recent Federal Contracts
Oshkosh Corp has over 25 federal contracts on record. Below are the largest awards: