Leading positions within niche market sectors, Satisfactory customer and industry diversity, and Moderate financial policies. Acquisitive strategy, Exposure to the cyclical construction and commercial refuse markets, and Moderate amount of operating leverage. The ratings on Oshkosh, Wisc.-based Oshkosh Corp. reflect the company's aggressive financial profile, which more than offsets its leading business positions in key segments of the specialty vehicle market and satisfactory product and end market diversity. Oshkosh is a leading designer, manufacturer, and marketer of a broad range of specialty access equipment and military, commercial, and fire and emergency vehicles and vehicle bodies. The company maintains leadership positions in heavy-duty rescue vehicles, severe-duty tactical trucks, custom and commercial pumpers, severe-duty plow and snow removal vehicles, concrete mixers, refuse