Oshkosh Corporation

Military Armored Vehicles and Counter-IED Vehicles Market to increase by USD 6.86 billion from 2023 to 2028; Upgrade of defense capabilities to counter emerging security threats boosts the market - Technavio

Retrieved on: 
Monday, December 11, 2023
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NEW YORK, Dec. 11, 2023 /PRNewswire/ -- The military armored vehicles and counter-IED vehicles market is expected to grow by USD 6.86 billion between 2023 and 2028.

Key Points: 
  • NEW YORK, Dec. 11, 2023 /PRNewswire/ -- The military armored vehicles and counter-IED vehicles market is expected to grow by USD 6.86 billion between 2023 and 2028.
  • Upgrade of defense capabilities to counter emerging security threats drives the market.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.
  • The smart airports market size is estimated to grow at a CAGR of 12.73% between 2023 and 2028.

Oshkosh Corporation Recognized by Newsweek as One of America’s Greenest Companies 2024

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Tuesday, November 7, 2023
EV, Electric Vehicles, Machinery, Professional Services, Fleet Management, Sustainability, Alternative Vehicles, Fuels, Automotive, Environment, Green Technology, Engineering, Automotive Manufacturing, Environmental, Social and Governance (ESG), Manufacturing, DJSI, ARFF, NYSE, ESG, Carbon, Sustainability reporting, Biophysical environment, Oshkosh Corporation, Multimedia, Social, Ethisphere Institute, Partnership, Trust (social science), Corporation, GIST, Safety, Oshkosh, Dow Jones, United States Postal Service, Mail, NGDV, Social Security Government Pension Offset, DNA, Renewable energy, Newsweek

Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment, is pleased to be recognized as one of “ America’s Greenest Companies 2024 ” by Newsweek.

Key Points: 
  • Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment, is pleased to be recognized as one of “ America’s Greenest Companies 2024 ” by Newsweek.
  • Published in partnership with Plant-A Insights Group and GIST Impact, the list recognizes the top 300 American companies for their progress in managing their sustainability footprint.
  • View the full release here: https://www.businesswire.com/news/home/20231107651708/en/
    Oshkosh Corporation Recognized by Newsweek as One of America’s Greenest Companies 2024 (Graphic: Business Wire)
    Companies were evaluated on four criteria: greenhouse gas emissions, water usage, waste generation, and sustainability data disclosure and commitments.
  • Oshkosh continuously looks for ways to lower the environmental and carbon footprint of our products, while enhancing safety, quality, efficiency and durability.

Oshkosh Defense Receives JLTV Order for $208 Million

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Monday, November 6, 2023
Technology, Aftermarket, Automotive, Military, Vehicle Technology, Engineering, Government Technology, Automotive Manufacturing, Other Technology, Other Defense, Contracts, Manufacturing, Software, Other Automotive, Defense, Hardware, Off-Road Trucks & SUVs, Ageing, Ethnic minorities in the U.S. Armed Forces during World War II, United States Air Force, United States Marine Corps, Next Generation Combat Vehicle, Multimedia, U.S. military UAS groups, Learning, JLTV, United States Department of the Army, Detroit Arsenal, MCWS, Collation, DCS, Oshkosh, Army, Lockheed Martin JLTV, Oshkosh Corporation, HMMWV, Arms industry, Risk management

Oshkosh Defense, LLC, announced that the U.S. Army Contracting Command – Detroit Arsenal placed an order for Oshkosh Defense Joint Light Tactical Vehicles (JLTV), trailers (JLTV-T), and associated packaged and installed kits.

Key Points: 
  • Oshkosh Defense, LLC, announced that the U.S. Army Contracting Command – Detroit Arsenal placed an order for Oshkosh Defense Joint Light Tactical Vehicles (JLTV), trailers (JLTV-T), and associated packaged and installed kits.
  • View the full release here: https://www.businesswire.com/news/home/20231106723276/en/
    Oshkosh Defense Joint Light Tactical Vehicle (JLTV) (Photo: Business Wire)
    The order is valued at $208 million and includes JLTVs for the U.S. Army, U.S. Marine Corps and U.S. Air Force.
  • Throughout the program, Oshkosh Defense focused on continuous improvement and innovation, as reflected by more than 125 patents and applications that Oshkosh holds associated with the JLTV family of vehicles and related technologies.
  • Oshkosh Defense has received JLTV orders or commitments from eight international customers and intends to continue making the proven Oshkosh JLTV available through Direct Commercial Sales (DCS).

Oshkosh Corporation Reports Fiscal 2023 Third Quarter Results

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Thursday, October 26, 2023
Engineering, EV, Electric Vehicles, Aerospace, Manufacturing, Other Transport, Automotive, Trucking, Machinery, Air, Defense, Transport, Other Defense, Other Automotive, Other Manufacturing, Sale, Disposable household and per capita income, Air travel, Foreign Corrupt Practices Act, AeroTech, Weather, Security (finance), United, NYSE, Public expenditure, Corporation, Form, News, International airport, Federation, Atmosphere, Acquisition, Oshkosh Corporation, Vocation, Tax, Common stock, Family of Medium Tactical Vehicles, Growth, Webcast, Natural borrowing limit, Pandemic, Family, Investment, Collection, Map, JBT, Mail, United States Department of Defense, Retail, Arms industry, Video game, Access

Adjusted1 net income was $200.6 million, or $3.04 per diluted share, for the third quarter of fiscal 2023 compared to $75.9 million, or $1.15 per diluted share, for the third quarter of fiscal 2022.

Key Points: 
  • Adjusted1 net income was $200.6 million, or $3.04 per diluted share, for the third quarter of fiscal 2023 compared to $75.9 million, or $1.15 per diluted share, for the third quarter of fiscal 2022.
  • Consolidated operating income in the third quarter of fiscal 2023 increased 118.9 percent to $256.5 million, or 10.2 percent of sales, compared to $117.2 million, or 5.7 percent of sales, in the third quarter of fiscal 2022.
  • Adjusted1 operating income in the third quarter of fiscal 2023 was $276.3 million, or 11.0 percent of sales, compared to $126.9 million, or 6.1 percent of sales, in the third quarter of fiscal 2022.
  • The Company will host a conference call at 9:00 a.m. EDT this morning to discuss its third quarter results and its fiscal 2023 outlook.

Oshkosh Corporation Announces Access Segment Leadership Transition

Retrieved on: 
Tuesday, October 17, 2023
Other Defense, Off-Road Trucks & SUVs, General Automotive, Automotive, Defense, Other Manufacturing, Trucking, Engineering, Government Technology, Transport, Automotive Manufacturing, Military, Manufacturing, NYSE, Acquisition, Oshkosh Corporation, JLG, Cummins, University, Corporation, Growth, Bachelor, Access, Master of Engineering Management, Nārang, Master of Business Administration, Business administration, Component, Management, Northwestern University

Mahesh Narang has been appointed to succeed Nerenhausen as executive vice president and president of the Access segment.

Key Points: 
  • Mahesh Narang has been appointed to succeed Nerenhausen as executive vice president and president of the Access segment.
  • Nerenhausen will serve as an advisor to the company through August 2024 to ensure a smooth transition.
  • “Frank has built a world-class Access team, successfully leading our JLG and Jerr-Dan businesses to great heights for more than a decade.
  • During his tenure, the Access segment has achieved significant growth and profitability, while introducing progressive innovations that leave our business in an outstanding position with a bright future,” said John Pfeifer, president and chief executive officer of Oshkosh Corporation.

THOR Industries Announces Retirement of Director Wilson Jones

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Monday, October 16, 2023
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ELKHART, Ind., Oct. 16, 2023 (GLOBE NEWSWIRE) -- THOR Industries, Inc. (NYSE: THO) today announced the retirement of Wilson Jones from its Board of Directors, effective December 15, 2023, following 9 years of dedicated service.

Key Points: 
  • ELKHART, Ind., Oct. 16, 2023 (GLOBE NEWSWIRE) -- THOR Industries, Inc. (NYSE: THO) today announced the retirement of Wilson Jones from its Board of Directors, effective December 15, 2023, following 9 years of dedicated service.
  • Mr. Jones devoted most of his professional career to Oshkosh Corporation, a leading designer, manufacturer, and marketer of specialty vehicles and vehicle bodies.
  • Mr. Jones retired as Chief Executive Officer and board member of Oshkosh Corporation in April of 2021.
  • “THOR Industries has been very fortunate to have Wilson serve on our board for the last 9 years,” commented Board Chairman Andy Graves.

Oshkosh Corporation to Announce Third Quarter Earnings October 26, 2023

Retrieved on: 
Thursday, October 12, 2023
Off-Road Trucks & SUVs, General Automotive, Engineering, Fleet Management, Automotive Manufacturing, Manufacturing, Military, Automotive, Trucking, Defense, Transport, Other Defense, Other Manufacturing, Government Technology, Corporation, NYSE, Webcast, Oshkosh Corporation, EDT, Broadcasting

Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment, will issue its third quarter 2023 financial results on Thursday, October 26, 2023.

Key Points: 
  • Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment, will issue its third quarter 2023 financial results on Thursday, October 26, 2023.
  • The results will be discussed during a live webcast that day beginning at 9:00 a.m. EDT.
  • To access the webcast, investors should go to oshkoshcorp.com approximately 15 minutes prior to the event.
  • Slides for the webcast will be available on the website the morning of October 26.

Oshkosh Corporation Partners with Manufacture 2030 to Enhance Supply Chain Sustainability

Retrieved on: 
Wednesday, October 11, 2023
Oil, Gas, Automotive Manufacturing, Alternative Energy, Energy, Sustainability, Manufacturing, Other Automotive, EV, Electric Vehicles, Other Transport, Environment, Trucking, Off-Road Trucks & SUVs, Transport, Automotive, Other Energy, Engineering, Partnership, Multimedia, NYSE, NGDV, Trust (social science), Oshkosh Corporation, Dow Jones, GHG, Ethisphere Institute, Oshkosh, Carbon, DJSI, Mail, Corporation, Growth, ARFF, Sustainability reporting, United States Postal Service, Renewable energy, Newsweek

Oshkosh is the first manufacturer of purpose-built commercial vehicles on the Manufacture 2030 platform.

Key Points: 
  • Oshkosh is the first manufacturer of purpose-built commercial vehicles on the Manufacture 2030 platform.
  • In the first phase of the partnership, Oshkosh is offering the Manufacture 2030 platform to its top 300 suppliers.
  • “At Oshkosh, sustainability is integrated into everything we do,” said Kevin Tubbs, vice president, chief ethics, compliance and sustainability officer, Oshkosh Corporation.
  • Manufacture 2030 is a key program for Oshkosh to help us measure and reduce our supply chain emissions effectively and to make progress towards achieving our sustainability goals.”
    Across the company, Oshkosh is making steady progress in its sustainability efforts, including the expansion of its purpose-built, battery-electric-powered products.

Military Vehicle Sustainment Market worth $23.5 Billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, October 4, 2023
Oshkosh Corporation, Elbit Systems, Rheinmetall, Armoured personnel carrier, Transmission system, Sale, Combat vehicle, Traction, Energy storage, Power management integrated circuit, M113 armored personnel carrier, BAE Systems, Navy, Electricity, Growth, Transport, General Dynamics, Cooling system, Arms industry, Gasoline, Rail transport, Army, Operation, Air force, Region

The Armored Personnel Carrier held the largest growth rate in the Military Vehicle Sustainment market by Vehicle type.

Key Points: 
  • The Armored Personnel Carrier held the largest growth rate in the Military Vehicle Sustainment market by Vehicle type.
  • By Vehicle type, the Military Vehicle Sustainment market has been segmented into Tanks, Infantry Fighting Vehicles, Armored Personnel Carriers, Reconnaissance Vehicles, Utility Trucks, Transport Trucks, and Recovery Trucks.
  • To keep these vehicles operational the sustainment of the vehicles is needed regularly which drives the market of military vehicle sustainment.
  • The wide use of military vehicles in Army to drive the military vehicle sustainment market.

Military Vehicle Sustainment Market worth $23.5 Billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, October 4, 2023
Oshkosh Corporation, Elbit Systems, Rheinmetall, Armoured personnel carrier, Transmission system, Sale, Combat vehicle, Traction, Energy storage, Power management integrated circuit, M113 armored personnel carrier, BAE Systems, Navy, Electricity, Growth, Transport, General Dynamics, Cooling system, Arms industry, Gasoline, Rail transport, Army, Operation, Air force, Region

The Armored Personnel Carrier held the largest growth rate in the Military Vehicle Sustainment market by Vehicle type.

Key Points: 
  • The Armored Personnel Carrier held the largest growth rate in the Military Vehicle Sustainment market by Vehicle type.
  • By Vehicle type, the Military Vehicle Sustainment market has been segmented into Tanks, Infantry Fighting Vehicles, Armored Personnel Carriers, Reconnaissance Vehicles, Utility Trucks, Transport Trucks, and Recovery Trucks.
  • To keep these vehicles operational the sustainment of the vehicles is needed regularly which drives the market of military vehicle sustainment.
  • The wide use of military vehicles in Army to drive the military vehicle sustainment market.