Welcome to our dedicated page for Oshkosh Truck news (Ticker: OSK), a resource for investors and traders seeking the latest updates and insights on Oshkosh Truck stock.
Oshkosh Corporation reports recurring developments in purpose-built vehicles, equipment and services across Access, Vocational and Transport markets. Company news commonly covers earnings results, segment demand, sales mix, price-cost conditions, production activity and outlook commentary tied to aerial work platforms, fire apparatus, refuse and recycling vehicles, airport equipment, defense vehicles and postal transportation programs.
Oshkosh updates also feature its operating brands and businesses, including JLG, Pierce, McNeilus, Oshkosh Airport Products, Oshkosh AeroTech, Oshkosh Defense and Pratt Miller. Recurring themes include defense mobility and sustainment systems, JLTV-based platforms, advanced manufacturing support, connected-vehicle technology and refuse-contamination detection developed for municipal and commercial waste operations.
Oshkosh Corporation (NYSE: OSK) has announced a strategic partnership and investment in Robotic Research, aiming to enhance innovation in autonomous mobility and driver assistance systems. This collaboration builds on their previous work since 2017 with the U.S. Department of Defense. Both companies anticipate that this initiative will benefit various essential services, including military and emergency responders. Oshkosh’s investment follows Robotic Research’s $228 million funding round, which marks a significant milestone in its two-decade history.
Sarcos Technology and Robotics Corporation (NASDAQ: STRC, STRCW) has completed its acquisition of RE2, Inc. for $100 million, comprising $30 million in cash and 14 million shares of Sarcos stock, resulting in approximately 5.7% dilution for existing shareholders. The acquisition aims to enhance Sarcos' robotics capabilities across various industries, including aviation and medical sectors, while gaining RE2's existing contracts and products. This merger is expected to expand Sarcos' addressable market and improve worker safety and productivity.
Oshkosh Corporation (NYSE: OSK) will release its first quarter 2022 financial results on April 27, 2022, at 9:00 a.m. ET. Investors can join the discussion via a live webcast accessed through their investor relations website. As a leader in mission-critical vehicles, Oshkosh aims to help communities globally with its innovative products, employing around 15,000 team members worldwide. The company's wide-ranging brands serve customers in over 150 countries.
Oshkosh Corporation (NYSE: OSK) will host its Investor Day on May 6, 2022, at 10 a.m. ET. Key executives, including CEO John Pfeifer, will discuss the company's growth strategy, technology leadership, sustainability efforts, and financial targets. The event is accessible both in-person and virtually, with a live webcast available via the Investor Relations website. A replay will also be provided post-event. Oshkosh, headquartered in Wisconsin, specializes in mission-critical vehicles and equipment, employing around 15,000 globally.
The U.S. Postal Service has placed its first order of Next Generation Delivery Vehicles (NGDV) with Oshkosh Defense, a subsidiary of Oshkosh Corporation (NYSE: OSK). This initial order consists of 50,000 NGDVs with a total value of $2.98 billion. The order will include at least 10,019 zero-emission battery electric vehicles (BEVs). Production will take place in Spartanburg, South Carolina, with preparations already underway, and hiring has commenced. This contract allows flexibility to increase BEV production proportionally as funding becomes available.
Summary not available.
Summary not available.
McNeilus Truck and Manufacturing, a subsidiary of Oshkosh Corporation (NYSE: OSK), has been awarded the Constructech Top Product award for its FLEX Controls™ system, marking its sixth consecutive win. This award recognizes exceptional technology in the construction industry. The FLEX Controls system enhances efficiency and user experience in concrete mixer trucks, offering features that reduce operational costs by up to 5%. The award highlights McNeilus's commitment to innovation and customer involvement in product development.
McNeilus Truck and Manufacturing, part of Oshkosh Corporation (NYSE:OSK), has acquired the CartSeeker™ curbside automation product from Eagle Vision Systems and Waterloo Controls. This acquisition enhances McNeilus' focus on refuse collection vehicle automation, aligning with its innovation strategy. The patented AI-based technology automates waste cart identification and truck operations, potentially improving efficiency and performance in refuse collection.
Oshkosh Corporation (NYSE: OSK) will present at the Raymond James 43rd Annual Institutional Investors Conference on March 8, 2022, starting at 8:05 a.m. EST. The event will be webcast, and interested parties can access it via www.oshkoshcorp.com 15 minutes before the start time. Based in Wisconsin, Oshkosh employs around 15,000 team members globally and provides innovative mission-critical equipment across more than 150 countries.