Oshkosh Truck (OSK) Stock News

Oshkosh Corporation (NYSE: OSK) reported strong Q2 2025 results with net income of $204.8 million, or $3.16 per diluted share. Adjusted earnings reached $3.41 per share, up 2.1% from Q2 2024. Despite a 4% decrease in consolidated sales to $2.73 billion, operating income increased 11.8% to $291.7 million.

The company raised its 2025 outlook, projecting adjusted earnings per share of approximately $11.00. The Board declared a quarterly dividend of $0.51 per share. Performance varied across segments, with Vocational showing strength (+15% sales), while Access (-10.7%) and Transport (-16.2%) segments experienced declines.

Strategic highlights included a new JLG® scissor lift launch, a three-year U.S. Army contract extension, and successful presentation of 2028 financial targets at their Investor Day.

Oshkosh Corporation (NYSE: OSK), a leading manufacturer of purpose-built vehicles and equipment, has scheduled its second quarter 2025 earnings release for August 1, 2025. The company will host a live webcast at 8:30 a.m. EDT to discuss the results.

Investors can access the webcast through investors.oshkoshcorp.com, with presentation slides available the morning of the event. Oshkosh operates globally with over 18,000 employees and products available in more than 150 countries under various brands including JLG, Pierce, McNeilus, and Oshkosh Defense.

Oshkosh Defense (NYSE: OSK) has secured $167 million in orders from the U.S. Army for 225 trucks and 54 trailers under the Family of Heavy Tactical Vehicles (FHTV) contract. The order includes HEMTT A4 variants and autonomous-ready Palletized Load System (PLS) A2 vehicles.

The vehicles will support multiple Army customers, including the National Guard, Reserve, and Program Executive Office Missiles & Space. Some vehicles will be integrated into advanced air defense systems to counter ballistic, hypersonic, and cruise missiles. This order reinforces Oshkosh's position in supporting the Army's long-term modernization strategy.

Oshkosh Defense (NYSE: OSK) has secured a significant contract with the Netherlands Ministry of Defense for 150 Dutch Expeditionary Patrol Vehicles (DXPV), known as "Kaaiman." The agreement, signed on June 25, 2025, in Doorn, Netherlands, represents a major milestone in the Dutch military's modernization efforts.

The DXPV, based on Oshkosh's proven Joint Light Tactical Vehicle (JLTV) platform, will provide the Dutch Marines with enhanced mobility, survivability, and NATO force interoperability. As the sole Original Equipment Manufacturer authorized for international JLTV sales, Oshkosh continues to expand its global presence in military vehicle manufacturing.

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.