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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 Corporation (NYSE: OSK) Earns Top Score in Human Rights Campaign Foundation’s 2023-2024 Corporate Equality Index
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Oshkosh Defense (OSK) has been awarded a $342 million production contract for the Medium Equipment Trailer (MET) by the U.S. Army Contracting Command. The five-year Indefinite Delivery/Indefinite Quantity (IDIQ) contract includes the option for two additional years and calls for Oshkosh to produce an estimated 557 trailers. The MET is a six-axle trailer designed to be pulled by the Oshkosh Enhanced Heavy Equipment Transporter (EHET) M1300 Tractor with the ability to obtain European road permissions at required payloads and negotiate highway overpasses. The combined MET and EHET system is capable of transporting military equipment weighing up to 60-tons. Oshkosh Defense will deliver the first trailers in May 2024 to support Product Qualification Testing and Operational Testing.
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Oshkosh Corporation (OSK) recognized as one of Computerworld’s Best Places to Work in IT for 2024
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Oshkosh Defense: Awarded $160 Million Order for Additional Joint Light Tactical Vehicles (JLTV) for International Allies. The U.S. Army Contracting Command – Detroit Arsenal has awarded Oshkosh Defense a $160 million order for additional Oshkosh Joint Light Tactical Vehicles (JLTV) and associated packaged and installed kits. The order includes JLTVs for international allies including Mongolia, Romania, North Macedonia, Slovenia, and Slovakia. The Oshkosh JLTV’s modular design and digital architecture allow it to accommodate more than 100 mission packages that incorporate weapons, lasers, sensors, networking, and communication. Oshkosh Defense also received a $208 million order from the U.S. Army for additional JLTVs, JLTV trailers, and associated kits in November. The company's continued interest from international allies and its ability to fill critical capability gaps are highlighted in the press release.
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Oshkosh Corporation (NYSE: OSK) has been recognized as one of 'America’s Greenest Companies 2024' by Newsweek, highlighting the company's commitment to sustainability and environmental impact reduction. The list acknowledges the top 300 American companies for their progress in managing their sustainability footprint, with Oshkosh being honored for its innovations in electric vehicle offerings and its consistent focus on ESG performance.
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Oshkosh Defense receives a $208 million order from the U.S. Army Contracting Command for Joint Light Tactical Vehicles (JLTV), trailers, and kits. The order includes JLTVs for the U.S. Army, U.S. Marine Corps, and U.S. Air Force. The JLTV provides improved protection, mobility, and payload capacity compared to the aging uparmored HMMWV fleet. Oshkosh Defense has received orders for over 23,000 JLTVs since winning the initial contract in 2015.
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Oshkosh Corporation reports strong Q3 results with sales of $2.51 billion, up 21% and diluted earnings per share of $2.79. Raises expectations for fiscal 2023 sales and earnings.
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Frank Nerenhausen, executive vice president and president of the Access segment at Oshkosh Corporation, will retire effective November 13, 2023, after more than 37 years with the company. Mahesh Narang has been appointed as his successor. Narang is an accomplished global executive with experience in driving growth and operational excellence. He will be responsible for advancing strategic initiatives and developing purpose-built vehicles and equipment.
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Oshkosh Corporation to release Q3 2023 financial results on October 26, 2023
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Oshkosh Corporation announces strategic partnership with Manufacture 2030 to establish science-based targets.
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FAQ

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

The current stock price of Oshkosh (OSK) is $109.33 as of November 21, 2024.

What is the market cap of Oshkosh (OSK)?

The market cap of Oshkosh (OSK) is approximately 7.1B.

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

7.13B
64.52M
0.77%
94.01%
1.8%
Farm & Heavy Construction Machinery
Motor Vehicles & Passenger Car Bodies
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United States of America
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