Oshkosh Truck Stock Price, News & Analysis

Oshkosh Defense, a subsidiary of Oshkosh Corporation (NYSE: OSK), has secured a three-year contract extension for the Family of Medium Tactical Vehicles A2 (FMTV A2) program with the U.S. Army. The extension allows the Army to continue ordering FMTV A2 vehicles, including three Low Velocity Air Drop variants, through February 2028. The FMTV A2 fleet features a modular architecture designed for increased payload, protection, and mobility, while supporting Multi-Domain Operations. The contract extension supports the Army's modernization efforts through Force Design 2030 and maintains a mature U.S.-based supply chain established since 2009. The program enables continued production and fielding of these tactical vehicles into 2030.

Oshkosh Corporation (NYSE: OSK) unveiled ambitious 2028 financial targets at its Investor Day, projecting revenue of $13-14 billion and adjusted operating income margin of 12-14%. The company aims to achieve $18.00-$22.00 adjusted earnings per share with 90%+ free cash flow conversion. Supporting these targets is a robust $14.6 billion backlog as of March 31, with existing contracts in Vocational and Transport segments accounting for approximately 50% of targeted revenue growth. The company plans margin expansion through updated contracts, new product launches, and operational efficiency improvements using AI technologies. Oshkosh is strengthening its portfolio resilience by growing its Vocational segment and improving defense margins through new pricing provisions. The company maintains a strong focus on cash generation and shareholder returns through dividends and share repurchases, with 9.9 million shares available for repurchase under current authorization.

Oshkosh Corporation (NYSE: OSK) is hosting its 2025 Investor Day on June 5 at the New York Stock Exchange, starting at 9:30 a.m. EDT. The event will feature presentations from key executives including CEO John Pfeifer, providing detailed insights into the company's business strategy, growth drivers, and financial objectives. The agenda includes sessions on technology, access segment, transport segment, vocational segment, and financial outlook. Oshkosh, headquartered in Wisconsin, employs over 18,000 team members globally and manufactures mission-critical equipment under various brands including JLG, Pierce, and McNeilus. The company's products are present in more than 150 countries. Both in-person and virtual attendees will have the opportunity to participate in a Q&A session with the leadership team.

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.