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.
Oshkosh Corporation (NYSE: OSK) will release its second quarter fiscal 2021 financial results on April 28, 2021. A live webcast discussing the results will start at 9:00 a.m. EDT. Investors can access the webcast by visiting oshkoshcorp.com at least 15 minutes before the event. Oshkosh specializes in mission-critical vehicles and employs nearly 15,000 individuals globally, serving customers in over 150 countries with various product brands.
Oshkosh Corporation (NYSE: OSK) has been awarded the IDG FutureEdge 50 Award for its innovative use of emerging technology, marking its first recognition of this global award. The award highlights Oshkosh's commitment to advancing business through technology, with the ceremony taking place virtually from September 21-23, 2021. The company also received other accolades, including the IDG CIO 100 Award and recognition as one of the World’s Most Ethical Companies. These honors showcase Oshkosh's innovative strategies and contributions in the industry.
Oshkosh Corporation (NYSE: OSK) has been awarded the prestigious CIO 100 Award for the third consecutive year, recognizing its excellence in information technology. This award honors organizations that deliver significant business value through innovative solutions. Oshkosh's focus on digital technology, including manufacturing and analytics, has positioned it as a leader in its field. Additionally, Oshkosh has earned accolades as one of the 100 Most Sustainable Companies and is recognized on various esteemed lists for ethics and responsibility.
Oshkosh Corporation (NYSE: OSK) will present at the Raymond James 42nd Annual Institutional Investors Virtual Conference on March 3, 2021, with the presentation starting at 4:40 p.m. EST. Interested parties can access the live webcast by visiting www.oshkoshcorp.com at least 15 minutes prior to the event. As a leader in mission-critical vehicles and essential equipment, Oshkosh employs over 14,000 individuals globally, offering products in 150 countries under multiple renowned brands.
The U.S. Postal Service has awarded Oshkosh Defense an indefinite delivery, indefinite quantity (IDIQ) contract to produce the Next Generation Delivery Vehicle (NGDV), marking USPS's first large-scale fleet procurement in over 30 years. The contract involves delivering between 50,000 and 165,000 vehicles over a decade. Oshkosh is set to receive $482 million to initiate engineering efforts and production preparations. The vehicles will include zero-emission battery electric and low-emission internal combustion options, contributing to a more sustainable USPS fleet.
Oshkosh Corporation (NYSE: OSK) announced its participation in Citi’s 2021 Global Industrials Virtual Conference on February 17, 2021, starting at 3:30 p.m. EST. The presentation will be available via webcast, with access instructions provided on their website. Oshkosh is committed to producing innovative equipment that supports communities worldwide, employing over 14,000 people globally. Their products are distributed across 150 countries under various brands, including JLG®, Pierce®, and Oshkosh® Defense. For more details, visit oshkoshcorp.com.
Oshkosh Corporation (NYSE: OSK) has announced a strategic investment of $25 million in Microvast, a leader in battery technology for electric vehicles. This investment aligns with Oshkosh’s commitment to electrification and technology advancement. The partnership is expected to enhance product development for commercial and specialty electric vehicles. Oshkosh has been active in the electric sector since the 1990s and continues to innovate across its business segments. The investment includes a joint development agreement for future battery collaboration with Microvast.
FAQ
What is the current stock price of Oshkosh (OSK)?
What is the market cap of Oshkosh (OSK)?
What does Oshkosh Corporation do?
What are some of Oshkosh's major brands?
Which segment of Oshkosh generates the most revenue?
What recent projects is Oshkosh involved in?
How did Oshkosh perform financially in 2023?
Who uses Oshkosh's products?
What differentiates JLG products?
Why is Oshkosh a significant player in the defense market?
What is a key focus area for Oshkosh's future projects?