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 (OSK) is a global leader in designing and manufacturing mission-critical vehicles and equipment for defense, construction, and municipal markets. This page provides investors and industry professionals with a comprehensive repository of official news, including press releases and strategic updates directly from the company.
Track developments across Oshkosh’s core segments: defense vehicle contracts, access equipment innovations, and vocational truck advancements. The curated collection includes earnings announcements, product launch details, and partnership agreements, offering insights into the company’s market leadership in specialized industrial sectors.
Regularly updated with verified information, this resource eliminates the need to scour multiple sources. Whether monitoring JLG aerial platform updates, Pierce fire truck deployments, or defense sector contracts, users gain timely access to operational and financial developments.
Bookmark this page to stay informed about Oshkosh’s engineering milestones, regulatory filings, and strategic initiatives – all essential for understanding its position in critical infrastructure and defense markets.
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.
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.
