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 Corporation (NYSE: OSK) reported strong fiscal 2023 first quarter results, achieving sales of $2.27 billion, a 17% increase year-over-year. The company posted net income of $88.5 million or $1.34 per diluted share, a substantial recovery from a loss in the prior year. Adjusted earnings were $104.6 million, or $1.59 per share. A record backlog of $15 billion was noted, driven by high demand for access products, with an order volume of $1.2 billion. Operating income saw a remarkable 311.3% rise to $130.8 million, while the company raised its fiscal 2023 guidance, projecting adjusted EPS in the range of $6.00 and net sales around $8.65 billion. A quarterly cash dividend of $0.41 per share was also declared.
Oshkosh Corporation (NYSE: OSK) will exhibit at the Advanced Clean Transportation (ACT) Expo in Anaheim, California, from May 1-4, 2023. This event is the largest in the U.S. focused on advanced transportation technologies. With nearly 30 years of experience in electrification, Oshkosh will showcase several battery-electric vehicles, including the Pierce® Volterra™ fire truck and the world's first all-electric scissor lift, the JLG® DaVinci™. Attendees can experience a mixed reality presentation of North America’s first fully integrated zero-emission electric refuse collection vehicle. Additionally, senior vice president Nader Nasr will lead a session on zero-emission refuse trucks on May 3, from 1-2:15 p.m. PDT.
Oshkosh Corporation (NYSE: OSK) has announced a strategic investment in Baraja Pty, Ltd., an Australian startup specializing in advanced LiDAR solutions. This investment aligns with Oshkosh's commitment to enhancing product safety and autonomy features.
The partnership aims to develop high-performance LiDAR technologies capable of meeting the demands of harsh environments, using unique solid-state scanning optics. This technology is designed to facilitate Level 4 autonomous driving, making Oshkosh products safer and more efficient.
Oshkosh emphasizes that it is investing strategically to be a market leader in innovative safety features, ensuring reliability and enhanced functionality of its product offerings.
Oshkosh Corporation (NYSE: OSK) is set to release its first quarter 2023 financial results on April 27, 2023, at 9:30 a.m. EDT. The release will be followed by a live webcast accessible through oshkoshcorp.com. Investors are encouraged to log in about 15 minutes prior to the event. Oshkosh is headquartered in Wisconsin and employs around 15,000 staff globally, focusing on creating innovative, mission-critical equipment.
Its products are distributed in over 150 countries through various well-known brands including JLG®, Pierce®, and Oshkosh® Defense. The company aims to support everyday heroes and advance communities worldwide.
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Oshkosh Defense, a subsidiary of Oshkosh Corporation (NYSE:OSK), has filed a formal bid protest with the U.S. Government Accountability Office (GAO) concerning the U.S. Army's recent award decision for the Joint Light Tactical Vehicle (JLTV) Follow-On Contract. This protest, initiated on March 6, 2023, follows significant concerns raised by Oshkosh regarding the evaluation of proposals. The company asserts that the government's assessment failed to properly consider the financial and operational capabilities necessary to select the best value solution. As the original designer of the JLTV platform, Oshkosh claims its experience and production capabilities are unmatched.
Oshkosh Corporation (NYSE: OSK) will engage in a fireside chat at the Raymond James 2023 Institutional Investors Conference on March 7, 2023, starting at 9:50 a.m. EST. The event will be available via webcast, accessible through their official site. Oshkosh is a leader in manufacturing purpose-built vehicles and equipment, with a global workforce of approximately 15,000. The company operates in over 150 countries, offering brands such as JLG®, Pierce®, and Oshkosh® Defense. For detailed information, interested participants can visit oshkoshcorp.com.
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Oshkosh Corporation (NYSE: OSK) has launched North America’s first fully integrated electric refuse collection vehicle, marking a significant innovation in the refuse industry. This vehicle, designed from the ground up, eliminates the need for a third-party chassis and leverages Oshkosh's nearly 30 years of electrification expertise. Equipped with advanced lithium-ion batteries, it promises zero emissions and a full day’s refuse collection on a single charge. Manufacturing will occur at several Oshkosh facilities, with prototype testing in 2023 and customer deliveries starting in 2024. This move aligns with the company's 'Innovate. Serve. Advance.' growth strategy, emphasizing sustainability and safety.
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