Leading positions in niche market sectors. Satisfactory customer and industry diversity. Potential shifts in financial policy or business mix because of activist shareholders. Exposure to the cyclical end markets. A significant financial risk profile. The rating on Oshkosh, Wis.-based Oshkosh Corp. reflects the company's "significant" financial risk profile as we define the term, which more than offsets its "satisfactory" business risk profile. We expect Oshkosh to maintain its leading positions in key segments of the cyclical specialty vehicle market--such as being the No. 1 global provider of aerial work platforms–-and its good product and end-market diversity, which its four reporting segments prove. . Standard&Poor's Ratings Services expects that the performance of Oshkosh's access equipment and commercial segments will