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 been awarded the prestigious CIO 100 Award for the third consecutive year, recognizing its excellence in information technology. This award honors organizations that deliver significant business value through innovative solutions. Oshkosh's focus on digital technology, including manufacturing and analytics, has positioned it as a leader in its field. Additionally, Oshkosh has earned accolades as one of the 100 Most Sustainable Companies and is recognized on various esteemed lists for ethics and responsibility.
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Oshkosh Corporation (NYSE: OSK) will present at the Raymond James 42nd Annual Institutional Investors Virtual Conference on March 3, 2021, with the presentation starting at 4:40 p.m. EST. Interested parties can access the live webcast by visiting www.oshkoshcorp.com at least 15 minutes prior to the event. As a leader in mission-critical vehicles and essential equipment, Oshkosh employs over 14,000 individuals globally, offering products in 150 countries under multiple renowned brands.
The U.S. Postal Service has awarded Oshkosh Defense an indefinite delivery, indefinite quantity (IDIQ) contract to produce the Next Generation Delivery Vehicle (NGDV), marking USPS's first large-scale fleet procurement in over 30 years. The contract involves delivering between 50,000 and 165,000 vehicles over a decade. Oshkosh is set to receive $482 million to initiate engineering efforts and production preparations. The vehicles will include zero-emission battery electric and low-emission internal combustion options, contributing to a more sustainable USPS fleet.
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Oshkosh Corporation (NYSE: OSK) announced its participation in Citi’s 2021 Global Industrials Virtual Conference on February 17, 2021, starting at 3:30 p.m. EST. The presentation will be available via webcast, with access instructions provided on their website. Oshkosh is committed to producing innovative equipment that supports communities worldwide, employing over 14,000 people globally. Their products are distributed across 150 countries under various brands, including JLG®, Pierce®, and Oshkosh® Defense. For more details, visit oshkoshcorp.com.
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Oshkosh Corporation (NYSE: OSK) has announced a strategic investment of $25 million in Microvast, a leader in battery technology for electric vehicles. This investment aligns with Oshkosh’s commitment to electrification and technology advancement. The partnership is expected to enhance product development for commercial and specialty electric vehicles. Oshkosh has been active in the electric sector since the 1990s and continues to innovate across its business segments. The investment includes a joint development agreement for future battery collaboration with Microvast.
Oshkosh Corporation (NYSE: OSK) reported first quarter fiscal 2021 net income of $69.5 million ($1.01 per diluted share), down from $75.7 million ($1.10 per diluted share) in fiscal 2020. Adjusted net income was $77.9 million ($1.13 per diluted share). Consolidated net sales fell by 7.0% to $1.58 billion, influenced by lower Access Equipment and Commercial segment sales. The Defense segment saw a 10.0% sales increase to $550.3 million. The company declared a quarterly dividend of $0.33 per share, payable on February 26, 2021.
Oshkosh Corporation (NYSE: OSK) will host its 2021 annual shareholders’ meeting virtually on February 2 at 8:00 a.m. CST. The meeting will include remarks from CEO Wilson Jones and COO John Pfeifer, accessible via webcast on the Oshkosh website. Oshkosh, based in Wisconsin, employs over 14,000 people and delivers mission-critical equipment in more than 150 countries. Their brands include JLG®, Pierce®, and Oshkosh® Defense. For more details, visit oshkoshcorp.com.