Welcome to our dedicated page for Allison Transmission Hldgs news (Ticker: ALSN), a resource for investors and traders seeking the latest updates and insights on Allison Transmission Hldgs stock.
Allison Transmission Holdings, Inc. (NYSE: ALSN) generates a steady flow of news tied to its role as a designer and manufacturer of propulsion solutions for commercial and defense vehicles and as the largest global manufacturer of medium- and heavy-duty fully automatic transmissions. The ALSN news page on Stock Titan aggregates company announcements, market updates and regulatory disclosures so readers can follow developments that affect Allison Transmission stock and its operations.
Recent press releases highlight several key themes in Allison’s news flow. Strategic transactions feature prominently, including the completed acquisition of Dana Incorporated’s Off-Highway Drive & Motion Systems business, which the company describes as creating a broader platform for commercial duty mobility and work solutions across infrastructure, mining, energy, agriculture, construction, transportation and national security. Financing activities, such as the pricing and issuance of senior notes and amendments to credit facilities, are also covered, providing insight into how Allison funds acquisitions and other corporate purposes.
Operational and market updates are another important category of ALSN news. Earnings releases discuss segment-level performance across end markets like North America On-Highway, Global Off-Highway and Defense, while separate announcements describe growth initiatives in regions such as India, where Allison is expanding its presence in defense, mining and energy applications. Defense-focused releases detail contracts and partnerships related to cross-drive transmissions for tracked vehicles and the expansion of authorized service networks to support military fleets.
Investors and industry followers can use the Allison Transmission news feed to monitor dividends, capital allocation decisions, international partnerships, defense contracts and integration progress related to acquisitions. By reviewing these updates in one place, readers gain context on how Allison’s strategic moves, regional initiatives and financial decisions may influence ALSN stock and the company’s position in commercial and defense propulsion markets over time.
Allison Transmission has announced that Hino Trucks has completed vehicle integration and started testing the eGen Power 100D electric axle in its XL series heavy-duty battery electric vehicles (BEVs). This collaboration aims to bring highly differentiated fully electric trucks to the market, with Hino selecting Allison's axle for its advanced features and performance. The eGen Power 100D offers high continuous power and efficiency, supporting a gross axle weight rating of 10.4 tonnes. The testing is part of their joint efforts to advance electrification in heavy-duty vehicles.
Allison Transmission has launched the Innovation Center, a 96,000-square-foot facility in Indianapolis aimed at advancing commercial vehicle propulsion. This center will enhance product and technology development, consolidating approximately 300 employees from multiple locations to foster collaboration. CEO Dave Graziosi highlighted its role in sustainability within the industry. The facility complements Allison's existing Vehicle Electrification and Environmental Test Center, reinforcing its commitment to innovation. Over its 100-year history, Allison aims to continue leading in propulsion solutions.
Allison Transmission has announced a significant order from Heishan Fleet for over 100 Tonly wide body mining dump trucks, equipped with Allison 4800 Off Road Series™ transmissions. This order is expected to generate more than
Allison Transmission Holdings Inc. (NYSE: ALSN) announced its participation in two investor conferences. G. Frederick Bohley and Raymond Posadas will present at the Raymond James 43rd Annual Institutional Investors Conference on March 8, 2022, at 11:00 a.m. EST in Orlando. Additionally, David S. Graziosi and G. Frederick Bohley will present at the Bank of America Global Industrials Conference on March 17, 2022, virtually at 9:05 a.m. EDT. Presentation materials and webcasts will be available on the Allison Transmission website with replay access for 12 months.
Allison Transmission Holdings Inc. (NYSE: ALSN) has increased its quarterly dividend from
Allison Transmission announces the production launch of its next generation electronic controls platform, developed in collaboration with multiple OEM partners. This platform enhances commercial vehicle functionality through advanced communications, functional safety, cybersecurity, and over-the-air programming capabilities. The first vehicles, including walk-in vans from Freightliner Custom Chassis Corporation, are set to enter full production by spring 2023. Allison aims for all OEM partners to transition by January 2023, supporting its 1000 to 4000 Series product portfolio and electrified propulsion solutions.
Allison Transmission is experiencing significant growth in the global defense market, partnering with OEMs from countries including Germany, South Korea, and the United States. In 2021, these collaborations led to multiple defense contracts across Asia, Europe, and the Middle East. Key projects include the Boxer multi-role armored vehicle and K9 Thunder self-propelled howitzer. Allison's innovative products like the Next-Generation Electrified Transmission highlight their commitment to customer-focused, technologically advanced solutions.
Allison Transmission Holdings Inc. (NYSE: ALSN) reported strong fourth-quarter results with net sales of $644 million, a 20% increase year-over-year, and net income of $118 million, up 97%. Full-year net sales reached $2,402 million, marking a 15% increase, while net income was $442 million, up 48%. The company repurchased $513 million of shares in FY2021. Looking ahead, Allison anticipates net sales between $2,625 million and $2,775 million for 2022, driven by recovery and demand across global markets.
Allison Transmission has announced the delivery of electric hybrid-equipped buses to Southern Nevada Transit Coalition in Laughlin, Nevada. The new buses utilize Allison's H 40 EP electric hybrid propulsion system, enhancing fuel efficiency by up to 25% and reducing CO2 emissions. Later this year, Allison's next-generation eGen Flex will be integrated into the fleet, allowing electric-only travel for up to 10 miles. This innovation is expected to benefit the environment and improve transit operations in the area.
Allison Transmission has successfully delivered the first FracTran transmissions to several industry partners, enhancing their hydraulic fracturing operations.
This innovative product is estimated to generate an additional $100 million in annual revenue for Allison's Off-Highway markets. The FracTran offers unmatched reliability, with a lifespan of up to 25,000 hours, and can deliver up to 3,500 horsepower without hardware modifications. This next-gen solution underlines Allison's commitment to sustainability and efficiency in the energy sector.
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