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 (NYSE: OSK) generates a steady flow of news related to purpose-built vehicles, heavy-duty equipment and defense platforms. Recent releases highlight orders for Oshkosh Defense heavy tactical trucks and Common Bridge Transporters under the U.S. Army’s Family of Heavy Tactical Vehicles program, as well as contracts for Dutch Expeditionary Patrol Vehicles with the Netherlands Ministry of Defence. These updates illustrate the company’s ongoing role in military mobility and allied defense modernization.
Investors and industry followers can use this page to review corporate announcements, segment performance updates and technology showcases. Oshkosh regularly reports quarterly results, segment sales trends and outlook revisions, providing insight into the Access, Vocational and Transport segments. Earnings-related news often discusses factors such as access equipment demand, vocational vehicle production rates, transport segment contracts and the impact of commodity costs and supply chain dynamics.
Beyond financial disclosures, Oshkosh issues news about autonomy, AI, connectivity and electrification across its brands. CES-focused releases describe AI-powered contamination detection for refuse trucks, autonomous and electric refuse robots, collision avoidance mitigation systems for emergency responders, electrified airport rescue and firefighting vehicles and modular autonomous robots for airport operations. Defense-focused announcements cover autonomous-capable launchers and multi-mission vehicles designed to support long-range precision fires and multi-domain operations.
On this news page, readers can follow developments across Oshkosh’s portfolio, including access equipment innovations, municipal and airport product updates, defense contract awards and participation in investor conferences. For those tracking OSK stock, the news stream offers context on how contracts, technology introductions and market conditions intersect with the company’s strategic focus on mission-critical, purpose-built equipment.
Oshkosh Corporation (NYSE:OSK) has completed the acquisition of Pratt Miller for a cash-free, debt-free purchase price of $115 million. This acquisition aims to enhance Oshkosh's capabilities in artificial intelligence, robotics, autonomous systems, and electrification, positioning it for future growth. Pratt Miller will retain its identity and continue its partnership with General Motors in motorsports. The acquisition is expected to provide immediate access to additional engineering expertise, enhancing product performance.
Oshkosh Corporation (NYSE: OSK) will announce its fiscal 2021 first quarter financial results on January 27, 2021, at 9:00 a.m. EST. Those interested can join a live webcast accessible via oshkoshcorp.com, with presentation slides available that morning. Oshkosh specializes in mission-critical vehicles and essential equipment, operating globally with over 14,000 employees and products under various brands in more than 150 countries.
Oshkosh Corporation (NYSE:OSK) has announced its acquisition of Pratt Miller for $115 million, a firm known for advanced engineering in motorsport and ground vehicle markets. Pratt Miller will retain its branding and operations. The deal combines Oshkosh’s operational strengths with Pratt Miller’s engineering expertise, aiming to enhance customer service and drive growth. The transaction is expected to close in the first quarter of 2021, pending regulatory approval.
Summary not available.
Oshkosh Defense has secured a significant contract from the U.S. Army Contracting Command for 2,738 Joint Light Tactical Vehicles (JLTV), alongside 1,001 companion trailers. Valued at $911 million, this order represents the second largest for JLTVs, to be delivered to various branches of the U.S. military and select NATO allies. The JLTV is recognized for its versatility, incorporating advanced protection and mobility features, essential for modern combat scenarios. This commitment highlights Oshkosh's role as a leader in military vehicle production.
Oshkosh Corporation (NYSE: OSK) announced its participation in the Credit Suisse 8th Annual Virtual Industrials Conference, scheduled for December 2, 2020, at 11:30 a.m. EST. The event will be available via webcast, and interested participants are encouraged to access it through oshkoshcorp.com at least 15 minutes prior to the start. Oshkosh is dedicated to producing mission-critical vehicles and equipment that support communities worldwide, employing over 14,000 individuals across more than 150 countries.
Oshkosh Corporation (NYSE: OSK) announced the retirement of CEO Wilson R. Jones effective April 2, 2021, after over 15 years with the company. John C. Pfeifer, the current President and COO, will succeed him. Under Jones, the company experienced significant growth and fostered a 'People First' culture. Pfeifer is recognized for his leadership during key strategic initiatives and the pandemic response, bringing over 25 years of experience in management. The transition aims to sustain innovation and value creation for stakeholders.
Oshkosh Corporation (NYSE: OSK) reported Q4 fiscal 2020 net income of $100 million, or $1.46 per diluted share, down from $150 million, or $2.17 per share in Q4 fiscal 2019. Consolidated net sales decreased 18.7% to $1.78 billion, driven by a 39% decline in the Access Equipment segment due to COVID-19. Adjusted net income was $89.3 million, or $1.30 per diluted share. Despite challenges, the Defense segment saw a 6.4% sales increase. A quarterly cash dividend of $0.33 was declared, marking a 10% increase from the prior dividend.
Oshkosh Corporation (NYSE:OSK) will announce its fiscal year 2020 fourth quarter and full year financial results on October 29, 2020, at 9:00 a.m. EDT. Investors are encouraged to join the live webcast available on the company's website. Oshkosh is a leader in mission-critical vehicles and equipment, employing over 15,000 people worldwide and serving customers in over 150 countries. The company emphasizes its commitment to innovation and operational excellence across its various brands, including Oshkosh Defense and JLG.
Oshkosh Defense, a subsidiary of Oshkosh Corporation (NYSE: OSK), has secured a contract from the Belgium Ministry of Defence for 322 Command and Liaison Vehicles (CLVs). The vehicles are based on the Joint Light Tactical Vehicle (JLTV) platform currently used by the U.S. military. This marks Oshkosh's first large direct commercial sale of JLTV-based vehicles. The CLV aims to enhance Belgian military capabilities with advanced protection and interoperability with NATO allies.
FAQ
What is the current stock price of Oshkosh Truck (OSK)?
What is the market cap of Oshkosh Truck (OSK)?
