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 (NYSE: OSK) has secured an order for 100 McNeilus® Volterra™ ZSL™ electric refuse and recycling collection vehicles from Republic Services, Inc. (NYSE: RSG). This follows a successful initial deployment and reinforces Republic Services' commitment to sustainability. The order supports Republic's goal of having electric vehicles comprise half of its new truck purchases over the next five years and aims to reduce greenhouse gas emissions by 35% by 2030.
The Volterra eRCV is the industry's first fully integrated electric refuse vehicle, designed to operate a full day's route on a single charge. It features advanced safety systems, including 360-degree cameras and automated braking. The vehicles will be deployed across multiple states, contributing to Republic Services' environmental initiatives while offering operational efficiency and driver comfort.
Oshkosh (NYSE: OSK) has announced that the Science Based Targets initiative (SBTi) has validated its science-based greenhouse gas (GHG) emissions reduction targets. The company commits to near-term targets of reducing absolute scope 1 and 2 GHG emissions by 57.7% by 2033 from a 2021 base year and reducing absolute scope 3 GHG emissions by 32.5% by 2033 from a 2022 base year. Long-term targets include reducing absolute scope 1 and 2 GHG emissions by 90% by 2050 and scope 3 GHG emissions by 90% by 2050.
Oshkosh's strategy focuses on energy reduction, increased use of renewable energy, and value chain collaboration. The company has been recognized for its sustainability efforts, including being named one of USA Today's Climate Leaders 2024 and inclusion in the Dow Jones Sustainability World Index for five consecutive years.
Oshkosh Defense, a subsidiary of Oshkosh (NYSE: OSK), has received a $72.9 million order from the U.S. Army for additional Family of Medium Tactical Vehicles (FMTV) A2. This marks the fourth FMTV A2 order in 2024, following a $108.9 million order in May. The FMTV A2 is important for the Army's modernization strategy and mission readiness, known for its versatility and reliability in various terrains.
To date, Oshkosh has received orders for 2,677 FMTV A2s, with initial fielding planned for Q4 2024. The company emphasizes its commitment to engineering innovation and manufacturing expertise in designing vehicles that adapt to dynamic mission demands and surpass performance requirements.
Oshkosh (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment, will participate in the annual Jefferies Industrials Conference. The company's president and CEO, John Pfeifer, will present in a fireside chat scheduled for September 4, 2024, at 3:05 p.m. EDT. A live webcast of the presentation will be available on the company's website, with a replay accessible approximately 2 hours after the event.
Oshkosh , headquartered in Wisconsin, employs over 18,000 team members worldwide and operates in more than 150 countries. The company manufactures innovative, mission-critical equipment under various brands, including JLG®, Pierce®, Oshkosh® Defense, and McNeilus®, among others. Oshkosh's products serve everyday heroes and advance communities globally.
Oshkosh Defense, a subsidiary of Oshkosh (NYSE: OSK), has been awarded a $1.54 billion contract by the U.S. Army for the Family of Heavy Tactical Vehicles (FHTV) V program. This five-year contract allows Oshkosh to continue delivering new and recapitalized Heavy Tactical Vehicles and associated trailers until 2031.
The FHTV fleet includes the Heavy Expanded Mobility Tactical Truck (HEMTT A4), Palletized Load System (PLS A1), PLS Trailer, and Heavy Equipment Transporter (HET A1). Oshkosh plans to integrate enhanced capabilities into the fleet through targeted upgrades, focusing on modernization, extended vehicle life, and reduced operating costs. These upgrades may include drive-by-wire capability, Condition Based Maintenance, electrification, and fuel efficiency improvements.
Oshkosh (NYSE: OSK) reported strong Q2 2024 results with sales of $2.85 billion, up 18% year-over-year. The company's adjusted earnings per share reached $3.34, a significant increase from $2.74 in Q2 2023. Key highlights include:
- Net income of $168.6 million, or $2.56 per diluted share
- Adjusted net income of $219.8 million
- Consolidated operating income increased 11.1% to $260.9 million
- Adjusted operating income rose 36.1% to $328.2 million
Oshkosh updated its 2024 guidance, raising adjusted EPS expectations to $11.75. The company also declared a quarterly cash dividend of $0.46 per share.
Oshkosh (NYSE: OSK) has appointed William (Bill) Burns, CEO of Zebra Technologies (NASDAQ: ZBRA), to its Board of Directors effective July 23, 2024. Burns, 57, brings over 30 years of technology sector experience to Oshkosh's now 11-member board. His background includes leadership roles at Zebra Technologies, Embrane, and Spirent Communications.
Stephen D. Newlin, Oshkosh's board chairman, praised Burns as a growth-minded leader who will contribute valuable technology and innovation perspectives aligned with the company's strategic priorities. Burns holds an MBA from Temple University and serves as a director for Zebra Technologies.
Oshkosh , an industrial technology company with approximately 17,000 employees worldwide, produces mission-critical equipment for various sectors under brands including JLG, Pierce, and Oshkosh Defense.
Oshkosh (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment, has announced it will release its second quarter 2024 financial results on Wednesday, July 31, 2024. The company will discuss these results during a live webcast at 9:00 a.m. EDT on the same day. Investors can access the webcast at investors.oshkoshcorp.com approximately 15 minutes before the event, with presentation slides available on the morning of July 31.
Oshkosh , headquartered in Wisconsin, employs nearly 17,000 team members worldwide and produces innovative, mission-critical equipment for everyday heroes. The company's products are available in over 150 countries under various brand names, including JLG®, Pierce®, Oshkosh® Defense, and McNeilus®.
Oshkosh Defense, a subsidiary of Oshkosh (NYSE: OSK), has secured orders worth $231.9 million from the U.S. Army Contracting Command – Detroit Arsenal for modernized heavy tactical vehicles. The orders include the production of HEMTT A4 tankers, cargos, wreckers, load handling systems, Common Bridge Transports, and Palletized Load System A1s. Oshkosh will also integrate advanced capabilities into the PLS A1 fleet through recapitalization, extending vehicle life and reducing operating costs. Oshkosh Defense has produced over 50,000 heavy tactical vehicles for the U.S. Military and allies, emphasizing reliability and versatility.
Pat Williams, chief programs officer at Oshkosh Defense, highlighted the importance of the company’s long-standing partnership with the U.S. Army, focusing on modernizing fleet capabilities to support future combat environments. Oshkosh’s commitment to providing durable and flexible heavy tactical vehicles is evident in its continued collaboration with the U.S. Army.
Oshkosh (NYSE: OSK) has published its 11th annual sustainability report, showcasing its commitment to innovation and sustainable practices. The company has introduced several electrified products across various sectors, including construction, fire and emergency, airport ground support, and defense. Key highlights include the McNeilus® Volterra™ ZSL™ zero-emission recycling vehicle, the Pierce® Volterra™ zero-emission fire truck, and the Oshkosh® Striker® Volterra™ ARFF vehicle.
In 2023, Oshkosh manufactured and sold 46,152 electric or hybrid units, reduced GHG emissions by 14.5%, diverted 87.8% of waste from landfills, and recycled or reused 86.1% of non-hazardous waste. The company also contributed $2.6 million and 21,320 volunteer hours to local communities. Recognized for its ethical and sustainable practices, Oshkosh has been listed on the Dow Jones Sustainability World Index and other notable accolades.