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 improve significantly (more than 20% on a combined basis) in 2012 from low levels, as replacement demand and a slow global economic recovery play out. We expect this to partly offset lower sales and
