Welcome to our dedicated page for Allison Transmission Hldgs news (Ticker: ALSN), a resource for investors and traders seeking the latest updates and insights on Allison Transmission Hldgs stock.
Allison Transmission Holdings Inc. (NYSE: ALSN) drives innovation in commercial vehicle propulsion systems as the global leader in automatic transmissions. This page serves as the definitive source for verified corporate announcements, operational developments, and strategic updates.
Access real-time information on product launches, financial results, and technological advancements shaping the future of medium- and heavy-duty transportation. Our curated news collection helps investors and industry professionals track ALSN's progress in hybrid systems, defense vehicle solutions, and global manufacturing expansions.
Key updates include earnings reports, partnership announcements with major vehicle manufacturers, and innovations in electric-hybrid drivetrain technology. All content is sourced directly from company releases and reputable financial publications to ensure accuracy.
Bookmark this page for streamlined access to critical updates about Allison Transmission's market leadership in commercial and defense vehicle transmissions. Check regularly for insights into their expanding role in sustainable transportation solutions.
Allison Transmission has been chosen to supply its 3040 MX cross-drive transmission for all three Government-funded OEMs participating in India's Future Infantry Combat Vehicle (FICV) program. The program aims to replace the Indian Army's aging BMP-II Infantry Fighting Vehicles with modern, domestically manufactured combat vehicles.
With India planning to procure approximately 1,750 FICVs, the potential revenue opportunity for Allison could reach several hundred million dollars over the next two decades. The company's Chennai manufacturing facility, established 15 years ago, is set to double its footprint as announced in 2024, aligning with India's 'Make in India' initiative.
The 3040 MX transmission, built on the X300 transmission's foundation, features advanced electronic system controls for improved shifting, torque management, and obsolescence management. It is currently used in the U.S. Army's M10 Booker tank.
Allison Transmission Holdings (NYSE: ALSN), a leading designer and manufacturer of vehicle propulsion solutions, has scheduled its first quarter 2025 earnings conference call for Thursday, May 1, 2025, at 5:00 p.m. EDT. The financial results will be released after market close on the same day.
Key executives participating in the call include David S. Graziosi (Chair and CEO), G. Frederick Bohley (COO), and Scott Mell (CFO and Treasurer). The conference call will be accessible via phone and webcast, with replay available from May 1 to May 15, 2025.
Allison Transmission (ALSN) has appointed Scott Mell as its new Chief Financial Officer and Treasurer, effective April 14, 2025. This follows Fred Bohley's transition to Chief Operating Officer in June 2024, who had continued serving as CFO during the succession search.
Mell brings nearly 30 years of strategic and financial leadership experience, including significant international operations expertise in Asia, Europe, and South America. In his new role, he will oversee all aspects of financial management, including planning, budgeting, reporting, analysis, and regulatory compliance. He will also manage treasury strategy, cash management, risk management, and investor relations.
Allison Transmission has announced a significant expansion of its service network across Japan and West Africa to support its growing customer base outside North America.
In Japan, the company has increased its Authorized Service locations from 7 to 29 over the past decade, driven by rising demand for Allison-equipped vehicles. Key partnerships include SYNAGY expanding services in the Chubu region, and new agreements with Sanko Diesel and Chikuho Seisakusho.
In West Africa, Allison has partnered with SMT Ghana as an Authorized Dealer, leveraging their expertise in construction, transport, and mining vehicles. This expansion is part of Allison's strategy to strengthen its global service network of approximately 1,600 independent dealer and distributor locations, supporting growth in On-Highway, Off-Highway, and Defense markets.
Allison Transmission (ALSN) announced that Daimler Truck North America has standardized Allison's FuelSense® 2.0 Neutral at Stop technology for Freightliner and Western Star trucks. The technology will be implemented in multiple truck models including Freightliner M2 106 Plus, 108SD Plus, 114SD Plus, EconicSD, and Western Star 47X and 49X.
The Neutral at Stop feature, exclusively available with Allison transmissions, reduces fuel consumption and emissions by minimizing or eliminating engine load when vehicles are stopped. As part of Allison's FuelSense 2.0 technology suite, it delivers fuel savings of up to 6% while maintaining quality, reliability, durability, and productivity.
Stem (NYSE: STEM) has strengthened its Board of Directors with two strategic appointments effective March 17, 2025. Krishna Shivram, Managing Partner at Veritec Capital Partners, joins as Class I director, bringing expertise in corporate finance and M&A. Vasudevan (Vasu) Guruswamy, with 30+ years in energy software leadership, joins as Class III director.
These appointments align with Stem's software-forward strategy and focus on disciplined financial management. Shivram currently serves on boards of Ranger Energy Services and Allison Transmission Holdings, while Guruswamy brings experience as a former global VP of software services for a leading energy technology company.
Board Chairman David Buzby emphasized that these appointments, combined with recent senior executive additions, position Stem to build a world-class energy software company.
Allison Transmission (NYSE: ALSN) has announced three significant updates: First, an 8% increase in quarterly dividend from $0.25 to $0.27 per share, payable March 14 to stockholders of record as of March 3. This marks the sixth consecutive year of dividend increases. Second, the Board approved a $1 billion increase to its stock repurchase authorization, bringing the total program to $5 billion. The repurchases can be made through open market or private transactions, subject to market conditions and corporate needs. Third, the company scheduled its 2025 annual stockholders meeting for May 7, with a March 10 record date.
According to COO and CFO Fred Bohley, these decisions reflect Allison's commitment to prudent balance sheet management and capital allocation, supported by strong financial performance and disciplined approach to capital structure.
Allison Transmission (NYSE: ALSN) reported record financial results for Q4 and full year 2024. The company achieved all-time high full year net sales of $3.2 billion, up 6% from 2023, and record diluted EPS of $8.31, increasing 12% year over year.
Key highlights include record full year net sales of $1.8 billion in North America On-Highway market, decade-high sales in Defense end market (+28%), and all-time high sales in Outside North America On-Highway market. Q4 net sales reached $796 million, with net income of $175 million.
The company returned value to shareholders through increased quarterly dividends, $250 million in stock repurchases (over 3% of outstanding shares), and $101 million debt reduction. For 2025, Allison projects net sales between $3,200-$3,300 million, driven by price increases, increased Tracked vehicle demand, and robust North America vocational demand.
Allison Transmission has secured a phase two contract with HST Otomotiv to supply X1100-5A4 cross-drive transmissions for Turkey's Next Generation T-155 Firtina Howitzer program. This contract extends their partnership following the successful delivery of 10 transmissions in 2024 under phase one. The new agreement includes 32 additional transmissions, with deliveries scheduled for Q1 2026.
The project is part of several growth opportunities expected to generate $100 million in incremental annual revenue in Allison's Defense segment. The total program is anticipated to produce 140-160 Firtina Howitzers for the Turkish Armed Forces. The X1100 transmission, designed for heavy tracked combat vehicles weighing 45-63 tons, features four forward ranges, two reverse ranges, and integrates steering and braking in a single unit.
Allison Transmission has announced the expansion of its TerraTran™ fully automatic transmission into the wide body mining dump (WBMD) market through a partnership with XCMG. The first series of 225 trucks equipped with TerraTran has been delivered to mining operations in Brazil.
TerraTran, an upgraded version of the Allison 4000 Series™, is specifically designed for global construction and mining markets. The transmission offers increased capabilities with up to 800 horsepower and support for up to 3,025 lbs./ft of torque. It features seven forward gears and two reverse gears, with hardened internal components for durability in harsh conditions.
The company is positioned as the only supplier offering a comprehensive transmission lineup for the mining segment, covering vehicles from 90T to 136T.
