Oshkosh Truck Stock Price, News & Analysis

Oshkosh Corporation (NYSE: OSK) has announced the rebranding of its Defense segment to Transport segment, signaling an expansion into commercial markets while maintaining its defense vehicle operations. The segment will continue delivering tactical wheeled vehicles and focus on commercial opportunities like the USPS Next Generation Delivery Vehicle contract, with Full Rate Production expected later this year. The company has appointed Steve Nordlund as executive vice president and president of the Transport segment, effective July 14. Nordlund brings over 25 years of aerospace, defense, and mobility industry experience, including senior leadership roles at Boeing where he led the Air Dominance division and R&D initiatives. CEO John Pfeifer praised Nordlund's people-focused leadership style and strategic capabilities.

Oshkosh Corporation (NYSE: OSK) has announced it will host an Investor Day on June 5, 2025, at 9:30 a.m. EDT in New York City. The event will feature presentations from CEO John Pfeifer, CFO Matthew Field, and other senior executives who will discuss the company's strategic initiatives, technology developments, capital allocation priorities, and financial growth targets.

The event will be accessible both in-person and virtually, though in-person attendance is restricted to institutional investors and requires advance registration. A live stream and recording will be available online. Oshkosh Corporation, headquartered in Wisconsin, employs over 18,000 people globally and manufactures mission-critical equipment under various brands including JLG, Pierce, McNeilus, and Oshkosh Defense, with products available in more than 150 countries.

Oshkosh Corporation (NYSE: OSK) has announced the appointment of Keith Allman as independent chair of the board, effective at the company's annual meeting of shareholders. Allman, who has been an Oshkosh director since 2015, succeeds Steve Newlin, who is departing after reaching mandatory retirement age. Allman brings significant executive experience as the president and CEO of Masco Corporation since 2014, where he recently announced his retirement effective July 7 after 27 years. Prior to Masco, he held leadership positions at General Motors Corporation in engineering, manufacturing, and quality management.

Oshkosh Corporation, headquartered in Wisconsin, employs over 18,000 team members globally and manufactures mission-critical equipment under various brands including JLG®, Pierce®, and Oshkosh® Defense. The company's products are present in more than 150 countries.

Oshkosh Corporation reported Q1 2025 financial results with net sales of $2.31 billion, down 9.1% from Q1 2024. Net income decreased to $112.2 million ($1.72 per share) compared to $179.4 million ($2.71 per share) in Q1 2024. Adjusted earnings were $1.92 per share.

Key segment performance:

• Access: Sales down 22.7% to $957.1 million
• Vocational: Sales up 12.2% to $866.8 million
• Defense: Sales down 9.1% to $463.0 million

The company faces headwinds from recent tariff announcements, estimating a direct adverse impact of $1.00 per share for 2025, with planned cost reduction actions expected to offset up to $0.50 per share. The Board declared a quarterly cash dividend of $0.51 per share, payable May 30, 2025.

Oshkosh Defense is showcasing advanced military capabilities at Modern Day Marine from April 29 – May 1, 2025, focusing on expeditionary power generation and autonomous technology. The company is featuring two key platforms:

• The ROGUE-Fires (Remotely Operated Ground Unit for Expeditionary Fires) - An unmanned carrier configured with a flat rack for combat service support, enabling unmanned resupply and long-range fires support
• The MTVR 4x4 Technology Demonstrator - Equipped with high-voltage exportable power architecture, delivering 30kW of power and offering retrofittable upgrades to existing fleets

These platforms support the U.S. Marine Corps' vision for Expeditionary Advanced Base Operations (EABO), enhancing operational capabilities in contested environments. The MTVR 4x4 reduces reliance on towed generators while maintaining all-terrain mobility. Oshkosh Defense continues to strengthen its position as a trusted Marine Corps partner, developing solutions for enhanced reach, survivability, and lethality across dispersed environments.

Oshkosh Defense [NYSE: OSK] has been selected by the Netherlands Ministry of Defence to produce 150 Dutch Expeditionary Patrol Vehicles (DXPV), a variant of their Joint Light Tactical Vehicle (JLTV). The DXPV is specifically tailored for the Netherlands' Future Littoral All Terrain Mobility – Patrol Vehicle program.

The vehicle shares high commonality with the approximately 22,000 JLTVs delivered to the U.S. DoD and 1,600 JLTVs supplied to other NATO allies. This commonality reduces logistics footprint, ensures system performance, and enhances interoperability. The Netherlands joins eleven other nations including the United States, Lithuania, Slovenia, and Israel in operating the Oshkosh platform.

Oshkosh (NYSE: OSK) has announced it will release its first quarter 2025 financial results on Wednesday, April 30, 2025. The company will host a live webcast at 9:30 a.m. EDT to discuss the results, with presentation slides available the same morning.

Oshkosh is a Wisconsin-based manufacturer of mission-critical equipment, employing over 18,000 team members globally. The company's products are distributed in more than 150 countries under various brands including JLG, Pierce, MAXIMETAL, Oshkosh Defense, McNeilus, IMT, Jerr-Dan, Frontline Communications, Oshkosh Airport Products, Oshkosh AeroTech, and Pratt Miller.

Oshkosh Defense [NYSE: OSK] has secured a significant $95 million order from the U.S. Army Contracting Command for their Family of Heavy Tactical Vehicle (FHTV) V contract. The order includes the modernized, autonomy-ready Palletized Load System (PLS) A2.

The PLS A2 features advanced driver assistance and autonomy-ready technologies, incorporating by-wire and active-safety systems to enhance soldier safety and battlefield awareness. This aligns with the Army's vision for a technology-enabled logistics force capable of operating in contested environments with reduced warfighter risk.

Production of the PLS A2 is scheduled to begin this year, with the FHTV V contract enabling Oshkosh to deliver future-focused enhancements to heavy tactical vehicles supporting the Army's modernization strategy.

Oshkosh Defense [NYSE: OSK] is showcasing its ROGUE-Fires autonomous vehicle system at the AUSA Global Force Symposium 2025 in Huntsville, Alabama. The system will debut with the Multiple Launch Rocket System (MLRS) Family of Munitions (MFOM), demonstrating its payload-agnostic capabilities.

Based on the Oshkosh JLTV platform, ROGUE-Fires supports various missions including long-range precision fires and autonomous logistics. The system features a hybrid-electric powertrain option enabling silent operation and enhanced fuel economy. The company's autonomy-ready tactical vehicle portfolio includes the FMTV A2 launcher and Palletized Load System (PLS) A2, all designed to support incremental modernization and enhance warfighter safety.