Allison Transmission Hldgs Inc Stock Price, News & Analysis

Allison Transmission, a leader in automatic transmissions, will supply its 3040 MX transmission for the U.S. Army's Mobile Protected Firepower (MPF) vehicle, marking the Army's first new armored combat vehicle in over 40 years. This initiative is part of the Army's modernization efforts, expecting to buy over 500 MPF vehicles by 2035, potentially generating around $250 million in revenue for Allison. The 3040 MX will enhance the vehicle's mobility and soldier protection, reinforcing Allison's long-standing collaboration with the U.S. Department of Defense.

Allison Transmission has announced the integration of its new FracTran® into the operations of Calfrac Well Services Ltd., a major hydraulic fracturing company. The FracTran, designed for high reliability and efficiency, can operate with dual fuel engines and offers up to 3,500 horsepower without hardware modifications. Its features include eight gear ranges and advanced diagnostics, which enhance performance in demanding conditions. Calfrac's initial experience has shown improved productivity with this equipment, indicating its potential to deliver significant operational benefits.

Allison Transmission Holdings Inc. (NYSE: ALSN) will announce its second quarter 2022 financial results during a conference call on August 3, 2022, at 5:00 p.m. ET. The conference will be hosted by CEO David S. Graziosi and CFO G. Frederick Bohley, following the release of financial results post-market on the same day. Interested parties can join the call at 1-877-425-9470 or listen via webcast. A replay will be available until August 10, 2022.

The U.S. Army has selected Allison Transmission to modernize its M88A3 HERCULES Recovery Vehicle with the X1100^TM-5B propulsion solution. This initiative involves over $37 million allocated for engineering, development, and testing through 2023. The transition to production is anticipated in early 2024, enhancing the recovery capability for the Army's heavy tracked vehicles. This collaboration underscores Allison's longstanding partnership with the Army, focusing on delivering advanced and reliable propulsion solutions since 1946.

Allison Transmission announced the integration of its eGen Power 100D electric axle into Emergency One's E1 EV0 fire engine, unveiled at Interschutz 2022 in Hanover, Germany. This marks the first all-electric pumping vehicle certified to BS EN1846 standards in the UK. The eGen Power 100D offers continuous output of 454 kW and peak output of 652 kW, enhancing efficiency, acceleration, and maneuverability for fire and rescue operations. The vehicle has already been sold to the Scottish Fire and Rescue Service, expected to be operational by early 2023.

Allison Transmission showcased its RDS-equipped F-Series trucks at a Ride & Drive event in Indianapolis, featuring new Class 6 FTR and Class 6/7 FVR models paired with Cummins B6.7 engines. Fleet customers praised the trucks' performance, noting improved acceleration, smooth gear shifting, and excellent maneuverability. The trucks are designed for enhanced cargo capacity with low cab forward designs, providing operational versatility. The F-Series is available at over 300 dealerships across the U.S. Allison Transmission stands as a leader in propulsion solutions for commercial vehicles.

Allison Transmission's 9832 Oil Field Series™ transmission has achieved outstanding recognition at China's Daqing Oilfield, known for its challenging extraction conditions. Over two years, the transmission has demonstrated reliability and efficiency, vital for large-scale shale oil fracturing projects. The system's high input power of 3,200hp and lightweight design enhance its effectiveness. Feedback from Daqing's Project Manager highlights significant performance benefits and reduced downtime, contributing to increased fleet profitability. This endorsement further solidifies Allison's position as a trusted provider in the energy sector.

Allison Transmission has partnered with GILLIG and Cummins to introduce its eGen Flex electric hybrid propulsion system in buses for the Indianapolis Public Transportation Corporation (IndyGo). These buses can operate in electric-only mode for up to 10 miles, enhancing fuel efficiency and reducing emissions. The eGen Flex offers a flexible solution that allows transit agencies to adopt electric capabilities while still utilizing a diesel engine. This innovation marks a significant step in IndyGo's mission to lower its carbon footprint and improve urban mobility.

The 2021 ESG Report by Allison Transmission highlights its commitment to sustainability through transparent data on environmental performance and social impacts. The company has expanded its electric vehicle product lineup, introducing two new e-Axle variants in 2021, and made significant investments in commercial vehicle technology, including a new Innovation Center. Innovations like FuelSense^® 2.0 enhance fuel efficiency by up to 6%, promoting reduced emissions. The report emphasizes Allison's dedication to responsible corporate citizenship.