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Oshkosh Corp. - OSK STOCK NEWS

Welcome to our dedicated page for Oshkosh news (Ticker: OSK), a resource for investors and traders seeking the latest updates and insights on Oshkosh stock.

Oshkosh Corporation (symbol: OSK) is a renowned manufacturer and marketer specializing in access equipment, specialty vehicles, and truck bodies serving primary markets such as defense, concrete placement, refuse hauling, access equipment, and fire & emergency services. The company's leading brands include Oshkosh, JLG, Pierce, McNeilus, IMT, Jerr-Dan, CON-E-CO, and London, each a leader in their respective industries.

Founded over a century ago, Oshkosh has built a solid reputation as a top producer of access equipment and specialty vehicles. JLG is celebrated for its diverse product portfolio, including JLG® aerial work platforms and SkyTrak® and Lull® telehandlers. The Pierce® brand positions Oshkosh as North America's foremost fire truck manufacturer. The company's defense vehicles are widely utilized, making it a global leader in this category.

Oshkosh's McNeilus® concrete mixers are the preferred choice among concrete producers, and its refuse collection bodies dominate the market. Jerr-Dan, another significant brand, is a top name in towing and recovery equipment. Additionally, CON-E-CO is a leading U.S. manufacturer of concrete batch plants, while London is Canada's preeminent concrete mixer manufacturer.

In recent years, Oshkosh has focused on innovation and sustainability, as seen in its US Postal Service contract to electrify postal vehicles. Despite losing the JLTV recompete for the U.S. Department of Defense, the company remains a pivotal player in the defense segment, accounting for 22% of its revenue. The access equipment segment contributes 52% of revenue, while the vocational segment, covering concrete mixers and refuse collection bodies, accounts for 27%.

Oshkosh's financial performance has been robust, generating $9.6 billion in revenue in 2023. The company continues to pursue strategic partnerships and projects that enhance its market position and meet evolving customer needs.

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Oshkosh (NYSE: OSK) will make its debut at CES 2025 in Las Vegas from January 7-10, showcasing breakthrough innovations in electrification, AI, autonomy, and connectivity. The company's booth #5616 at the LVCC West Hall will demonstrate how they're transforming tough jobs through technology in three key areas:

  • Airport of the future: Electric and autonomous gate and ground support equipment
  • Neighborhood of the future: Purpose-built electric fleet vehicles
  • Job site of the future: Electric, autonomous, and connected construction equipment

The company will participate in multiple panel discussions focusing on robotics, AI in automotive, and autonomous solutions. Additionally, Oshkosh will display their Pratt Miller Motorsports racecar, demonstrating how racing technologies influence their broader mobility solutions. The showcase aligns with Oshkosh's mission to serve people doing the toughest work in communities across 150+ countries.

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Oshkosh (NYSE: OSK) has appointed Ranjit Nair as President of Oshkosh AeroTech, succeeding Chuck Durst who will retire in March 2025 after 39 years with the company. Nair brings over 20 years of heavy-duty equipment leadership experience, previously serving as president of Stanley Infrastructure at Epiroc and holding key positions at Deere & Company, including CEO of John Deere India.

The appointment aligns with Oshkosh AeroTech's focus on advancing electrification, autonomy, and connected solutions for aviation gate and ground support operations. Nair's strategic vision is expected to accelerate growth both domestically and internationally while addressing evolving industry challenges in passenger travel and freight trends.

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Oshkosh (NYSE: OSK) has earned recognition as one of Computerworld's Best Places to Work in IT for 2025, marking its fourth consecutive year receiving this distinction. The award acknowledges organizations that provide excellent work environments for technology professionals, offering compelling benefits, compensation, and professional challenges.

Anupam Khare, Senior Vice President and Chief Information Officer, emphasized the company's people-first culture and the Digital Technology team's contributions to innovative business strategies. The recognition adds to Oshkosh's recent accolades, including being named among Newsweek's Most Responsible Companies, World's Most Trustworthy Companies, and Fast Company's World's Most Innovative Companies.

Headquartered in Wisconsin, Oshkosh employs over 18,000 team members globally and operates in more than 150 countries through various brands including JLG, Pierce, and McNeilus.

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Oshkosh (NYSE: OSK) has appointed Matthew Field as Chief Financial Officer, effective December 16, 2024. Field brings over 20 years of leadership experience from the automotive and aerospace sectors. He currently serves as CFO at Joby Aviation, where he led the company's public listing in 2021. Previously, Field worked at Ford Motor Company for more than two decades, including as CFO of Ford North America, managing approximately $100 billion in annual revenue. He succeeds Michael Pack, who transitioned to president of the Company's Vocational segment earlier this year.

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Oshkosh (NYSE: OSK) has earned the 2025 Military Friendly® Employer designation for the 14th consecutive year, recognizing its commitment to creating career opportunities for veterans and their spouses. The designation was awarded through a rigorous evaluation process among over 1,200 companies, assessing recruitment, retention, turnover, and advancement of military personnel.

The company's evaluation was based on survey scores and meeting benchmarks in key areas of military recruitment and support. CEO John Pfeifer emphasized the company's dedication to supporting military service members and their families. Oshkosh , which employs over 18,000 team members worldwide, has also received other notable recognitions, including being named one of the World's Most Trustworthy Companies of 2024 by Newsweek.

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Ten-8 Fire & Safety has expanded into the refuse collection industry through its new division, Ten-8 Industrial, becoming an exclusive dealer for McNeilus Truck and Manufacturing, an Oshkosh (NYSE: OSK) business. The company will serve Alabama, Florida, Georgia, and Mississippi with two dedicated Refuse-only certified service centers in Villa Rica, GA, and Lakeland, FL. Ten-8 brings 40 years of experience in fire and safety sales and service, and will now deploy factory-trained Mobile Technicians throughout the region with a comprehensive parts solutions team.

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Oshkosh (NYSE: OSK) reported Q3 2024 results with net sales of $2.74 billion, up 9.2% year-over-year. Net income was $180.3 million, or $2.75 per diluted share, compared to $183.7 million, or $2.79 per share in Q3 2023. Adjusted earnings were $2.93 per share. The company updated its 2024 guidance, lowering expectations to approximately $10.00 EPS and $11.35 adjusted EPS, with projected net sales of $10.6 billion due to softening in the North American access equipment market. The board declared a quarterly dividend of $0.46 per share.

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Oshkosh (NYSE: OSK) has announced that it will release its third quarter 2024 financial results on Wednesday, October 30, 2024. The company will discuss these results during a live webcast starting at 9:30 a.m. EDT on the same day. Investors can access the webcast at investors.oshkoshcorp.com approximately 15 minutes before the event. Presentation slides will be available on the website on the morning of October 30.

Oshkosh , headquartered in Wisconsin, is a leading innovator of purpose-built vehicles and equipment. The company employs over 18,000 team members worldwide and its products are found in more than 150 countries under various brand names including JLG®, Pierce®, MAXIMETAL, Oshkosh® Defense, McNeilus®, and others.

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Oshkosh Defense, an Oshkosh [NYSE: OSK] business, is showcasing advanced technology at the AUSA 2024 annual meeting in Washington, D.C. The company is exhibiting two key systems:

1. ROGUE-Fires: An unmanned ground vehicle for the U.S. Marine Corps, capable of supporting Ground-Based Anti-Ship Missile operations and performing distributed logistics. Oshkosh began low-rate initial production in October 2023.

2. Stryker Double V Hull with 30mm Medium Caliber Weapon System (MCWS): A lethality solution for Stryker Brigade Combat Teams, now integrated with a Javelin anti-tank guided missile launcher. Over 100 systems have been delivered, with fielding expected in early 2025.

The MCWS completed Follow-on Operational Test and Evaluation in May 2024, incorporating soldier feedback into its design. Oshkosh Defense leadership will be available to discuss their entire portfolio at AUSA 2024 in booth #7027.

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Oshkosh (NYSE: OSK) has been recognized as one of the World's Most Trustworthy Companies of 2024 by Newsweek, ranking No. 3 in the USA in the Vehicles & Components Services category. This recognition highlights Oshkosh's commitment to responsible development of purpose-built vehicles, equipment, and technologies.

The evaluation, conducted in partnership with Statista, considered companies with revenues over $500 million USD across 23 industries in 20 countries. Companies were rated on customer trust, investor trust, and employee trust. Oshkosh has also received other notable recognitions, including being named one of America's Most Responsible Companies and one of the World's Most Ethical Companies for the ninth consecutive year.

Headquartered in Wisconsin, Oshkosh employs over 18,000 team members worldwide and produces innovative, mission-critical equipment for everyday heroes. Their products can be found in more than 150 countries under various brand names.

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FAQ

What is the current stock price of Oshkosh (OSK)?

The current stock price of Oshkosh (OSK) is $93.84 as of December 20, 2024.

What is the market cap of Oshkosh (OSK)?

The market cap of Oshkosh (OSK) is approximately 6.2B.

What does Oshkosh Corporation do?

Oshkosh Corporation manufactures and markets access equipment, specialty vehicles, and truck bodies, serving markets like defense, concrete placement, refuse hauling, and fire & emergency.

What are some of Oshkosh's major brands?

Oshkosh's major brands include Oshkosh, JLG, Pierce, McNeilus, IMT, Jerr-Dan, CON-E-CO, and London.

Which segment of Oshkosh generates the most revenue?

The access equipment segment generates the most revenue, contributing 52% of the total.

What recent projects is Oshkosh involved in?

Oshkosh is involved in the US Postal Service contract to electrify postal vehicles and continues to innovate in its defense and vocational segments.

How did Oshkosh perform financially in 2023?

Oshkosh generated $9.6 billion in revenue in 2023.

Who uses Oshkosh's products?

Oshkosh's products are used by customers in defense, concrete placement, refuse hauling, access equipment, and fire & emergency services.

What differentiates JLG products?

JLG is known for its diverse product portfolio, including JLG® aerial work platforms and SkyTrak® and Lull® telehandlers.

Why is Oshkosh a significant player in the defense market?

Oshkosh is a global leader in manufacturing defense vehicles, although it recently lost the JLTV recompete.

What is a key focus area for Oshkosh's future projects?

A key focus area is the electrification of postal vehicles as part of the US Postal Service contract.

What are some leading products under the McNeilus brand?

McNeilus is known for its concrete mixers and refuse collection bodies, leading the market in both categories.

Oshkosh Corp.

NYSE:OSK

OSK Rankings

OSK Stock Data

6.15B
64.52M
0.76%
93.91%
2.26%
Farm & Heavy Construction Machinery
Motor Vehicles & Passenger Car Bodies
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