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.
McNeilus Truck and Manufacturing, a subsidiary of Oshkosh Corporation (NYSE: OSK), has been awarded the Constructech Top Product award for its FLEX Controls™ system, marking its sixth consecutive win. This award recognizes exceptional technology in the construction industry. The FLEX Controls system enhances efficiency and user experience in concrete mixer trucks, offering features that reduce operational costs by up to 5%. The award highlights McNeilus's commitment to innovation and customer involvement in product development.
McNeilus Truck and Manufacturing, part of Oshkosh Corporation (NYSE:OSK), has acquired the CartSeeker™ curbside automation product from Eagle Vision Systems and Waterloo Controls. This acquisition enhances McNeilus' focus on refuse collection vehicle automation, aligning with its innovation strategy. The patented AI-based technology automates waste cart identification and truck operations, potentially improving efficiency and performance in refuse collection.
Oshkosh Corporation (NYSE: OSK) will present at the Raymond James 43rd Annual Institutional Investors Conference on March 8, 2022, starting at 8:05 a.m. EST. The event will be webcast, and interested parties can access it via www.oshkoshcorp.com 15 minutes before the start time. Based in Wisconsin, Oshkosh employs around 15,000 team members globally and provides innovative mission-critical equipment across more than 150 countries.
Oshkosh Corporation (NYSE: OSK) will take part in a fireside chat at Citi’s 2022 Global Industrial Tech and Mobility Conference on February 23, 2022, starting at 1:00 pm ET. The event will be webcast, and interested participants can access it via www.oshkoshcorp.com at least 15 minutes beforehand.
Oshkosh, headquartered in Wisconsin, employs approximately 15,000 team members globally and offers mission-critical vehicles and equipment across over 150 countries.
United States Steel (NYSE:X) and Carnegie Foundry announced a strategic investment partnership aimed at enhancing industrial automation through advanced robotics and AI. This collaboration seeks to innovate solutions for a robust supply chain and emphasizes U. S. Steel's commitment to its Best for All℠ strategy. Carnegie Foundry plans to use the investment to accelerate its automation technologies in various sectors, aligning closely with U. S. Steel's operational goals. Both companies will also join the Carnegie Foundry Board, reinforcing their collaboration.
Oshkosh Corporation (NYSE: OSK) reported a net income of $6.2 million for Q1 FY2022, down from $69.5 million a year prior. Despite a 13.7% increase in consolidated net sales to $1.79 billion, operating income fell 81.2% to $18.0 million due to rising material costs and unfavorable contract adjustments. The company repurchased 1.4 million shares for $150 million and declared a quarterly dividend of $0.37 per share. For FY2022, Oshkosh expects diluted EPS between $5.75 and $6.75, with net sales projected between $8.0 billion and $8.5 billion.
Oshkosh Defense has introduced the first-ever silent drive hybrid-electric Joint Light Tactical Vehicle (JLTV), known as the eJLTV, designed for the U.S. Army and U.S. Marine Corps. This vehicle maintains the fundamental performance and protection of the JLTV while enhancing silent operation, fuel efficiency (over 20%), and exportable power capabilities. Notably, the eJLTV can recharge its battery in just 30 minutes, addressing electrification challenges in tactical vehicles. The U.S. Army plans to recompete the JLTV program with a $6.5 billion contract for 15,468 vehicles expected in September 2022.
FAQ
What is the current stock price of Oshkosh Truck (OSK)?
What is the market cap of Oshkosh Truck (OSK)?
