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.
Overview
Allison Transmission Holdings Inc. (NYSE: ALSN) is recognized globally as the foremost manufacturer of fully automatic transmissions for commercial vehicles. With a robust portfolio of propulsion solutions that includes advanced electric and hybrid propulsion systems, Allison Transmission enables improved fuel efficiency, operational reliability, and superior performance for a wide range of applications. Its products are pivotal in on-highway trucking, urban transit buses, heavy-duty construction, mining equipment, defense vehicles, and off-highway applications. The company is deeply embedded in the commercial transport ecosystem, leveraging innovative engineering to continuously optimize its automated technology and maintain an edge in the competitive landscape.
Products and Solutions
At the heart of Allison Transmission's offerings is its extensive line of fully automatic transmissions and propulsion systems. These products are engineered to deliver enhanced torque, smooth gear shifting, and overall operational productivity. Key product highlights include:
- Fully Automatic Transmissions: Designed for medium- and heavy-duty commercial vehicles, these transmissions improve fuel and operator efficiency while reducing maintenance challenges.
- Hybrid Propulsion Systems: Pioneering advancements in hybrid and electric propulsion, these solutions are integral to urban buses and other applications where low emissions and high performance are critical.
- Specialty and Cross-Drive Transmissions: Developed for niche applications in defense and specialized vehicles, these systems combine durability with advanced control technology.
Global Footprint and Manufacturing Excellence
Allison Transmission's reach is truly global, with a manufacturing presence spanning the United States, Hungary, India, and beyond. The company operates regional headquarters in strategic markets such as the Netherlands, China, and Brazil, while supporting an expansive network of independent distributors and dealers worldwide. This international presence not only enables localized service and support but also helps align production with regional market requirements. The firm's state-of-the-art facilities embody decades of engineering excellence and continuous investment in advanced manufacturing processes.
Industry Significance and Market Position
As a critical supplier in the commercial transport industry, Allison Transmission holds a significant market share particularly within the on-highway segment. Its technology is integral to enhancing productivity and safety for operators in industries as diverse as refuse collection, construction, emergency services, and military logistics. By focusing on the efficiency and reliability of its propulsion solutions, Allison Transmission consistently meets the robust demands of its global customer base, reinforcing its competitive position in both commercial and defense markets.
Innovation and Technological Leadership
Allison Transmission leverages decades of engineering expertise to drive continuous innovation in propulsion technology. With solutions that incorporate advanced diagnostics, intelligent gear engagement, and customizable power management systems, the company addresses the evolving needs of modern commercial fleets. Its R&D initiatives have resulted in breakthrough products that deliver higher power, improved fuel efficiency, and enhanced durability even under the most rigorous operating conditions. Through strategic partnerships with key industry players, Allison Transmission is consistently refining its technologies to support emerging trends in natural gas, hybrid, and alternative energy applications.
Key Collaborations and Operational Strategy
Allison Transmission's success is underpinned by long-standing relationships with original equipment manufacturers (OEMs), defense program collaborators, and independent dealers. These partnerships enable the streamlined integration of Allison's transmissions into vehicles across various sectors, from heavy-duty trucks and buses to specialized mining and defense vehicles. The company continues to expand its collaboration portfolio, supporting product enhancements that meet evolving regulatory and operational demands across diverse geographies.
Conclusion
In summary, Allison Transmission stands as a pillar of technological sophistication and operational excellence in the global transportation sector. Its commitment to quality, innovation, and efficient propulsion solutions has made it indispensable to a range of industries including commercial transportation, defense, and energy. Investors and industry observers alike look to Allison Transmission as a benchmark in fully automatic transmission and hybrid propulsion technology, fundamentally shaping the way the world moves.
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.
Allison Transmission has unveiled its new 6000 Series™ transmission for wide body dump (WBD) trucks at Bauma CHINA 2024. The 6625 WBD transmission, developed from the proven 6000 Off-Road Series™, supports vehicles with gross vehicle weight up to 136 metric tons.
The product launch represents Allison's strategic expansion in off-highway applications outside North America. The transmission has been field-tested in Indonesia, Vietnam, and Chile through partnerships with OEMs like Lingong Heavy Machinery Co. (LGMG).
The 6625 WBD features Allison's patented torque converter and Continuous Power Technology™, offering smooth starts and continuous power output. It includes advanced diagnostic capabilities for real-time monitoring and Shift Energy Management for transmission protection and reduced shift shocks.
Allison Transmission Holdings (NYSE: ALSN) has scheduled its fourth quarter and full year 2024 financial results conference call for Tuesday, February 11, 2025, at 5:00 p.m. EST. David S. Graziosi, Chair & CEO, and G. Frederick Bohley, COO, CFO & Treasurer, will present the company's financial performance.
The earnings release will be issued after market close on February 11. Investors can join via phone (+1-877-425-9470 for domestic, +1-201-389-0878 for international) or watch the live webcast at ir.allisontransmission.com. A replay will be available from 9:00 p.m. EST on February 11 until February 25, accessible through domestic (+1-844-512-2921) and international (+1-412-317-6671) numbers with passcode 13751140.
Allison Transmission has secured an $80.6 million contract for the Abrams Main Battle Tank Program for the 2025 program year. The contract involves providing upgraded and new X1100 cross-drive transmissions for the latest variants of Abrams tanks used by U.S. Army and Foreign Military Sales customers.
The agreement supports transmission demand at the Joint Systems Manufacturing Center (JSMC) in Lima, Ohio, for new tank manufacturing, and includes kits for overhaul and repair activities at Anniston Army Depot. The contract scope encompasses transmission repair kits, new transmissions, and upgraded units in the most current configuration, along with system technical support for maintaining essential drawings and technical data packages. Deliveries are scheduled for 2025.
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