Oshkosh Corporation

Oshkosh Defense RCV Selected for Platform Prototype Design & Build

Retrieved on: 
Thursday, September 28, 2023

Oshkosh Defense, LLC, an Oshkosh Corporation (NYSE: OSK) company, announced today that it was selected by the U.S. Army, through the Ground Vehicle Systems Other Transaction Agreement (GVS OTA), to participate in Phase I, Platform Prototype Design and Build, of the Robotic Combat Vehicle (RCV) program.

Key Points: 
  • Oshkosh Defense, LLC, an Oshkosh Corporation (NYSE: OSK) company, announced today that it was selected by the U.S. Army, through the Ground Vehicle Systems Other Transaction Agreement (GVS OTA), to participate in Phase I, Platform Prototype Design and Build, of the Robotic Combat Vehicle (RCV) program.
  • View the full release here: https://www.businesswire.com/news/home/20230928718957/en/
    Oshkosh Defense Robotic Combat Vehicle (RCV) (Photo: Business Wire)
    Leveraging an elite team of Oshkosh Defense, Pratt Miller Defense, and QinetiQ, Oshkosh submitted its response to the Army’s Request for Prototype Proposal in May 2023.
  • “We are proud to be selected to participate in Phase I of the RCV program,” said Pat Williams, chief programs officer for Oshkosh Defense.
  • The Army has announced the intent to select one vendor for Phase II, Full-System Prototype Design and Build, in FY24.

Oshkosh Corporation Named One of the World’s Most Trustworthy Companies for 2023 by Newsweek

Retrieved on: 
Thursday, September 14, 2023

Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment, is pleased to have been named to Newsweek’s list of the 2023 World’s Most Trustworthy Companies , ranking No.

Key Points: 
  • Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment, is pleased to have been named to Newsweek’s list of the 2023 World’s Most Trustworthy Companies , ranking No.
  • View the full release here: https://www.businesswire.com/news/home/20230914062849/en/
    “We are extremely honored to be recognized by Newsweek as one of the World’s Most Trustworthy Companies,” said John Pfeifer, president and chief executive officer of Oshkosh Corporation.
  • In addition to being named one of the World’s Most Trustworthy Companies, Oshkosh Corporation has been named one of America’s Most Responsible Companies by Newsweek, one of FORTUNE’s World’s Most Admired Companies, recognized by Ethisphere as one of the World’s Most Ethical companies and listed on the Dow Jones Sustainability World Index.
  • To learn more about Oshkosh Corporation and its commitment to doing the right thing, please visit oshkoshcorp.com .

Oshkosh Corporation to participate in the Jefferies 2023 Industrials Conference

Retrieved on: 
Wednesday, August 23, 2023

Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment, will participate in a fireside chat at the Jefferies 2023 Industrials Conference .

Key Points: 
  • Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment, will participate in a fireside chat at the Jefferies 2023 Industrials Conference .
  • The event is scheduled to start at 10:30 a.m. EDT on September 6, 2023, and will be webcast.
  • To access the webcast, please visit www.oshkoshcorp.com prior to the start of the event.

U.S. Venture Open Raises Impressive $4,812,582 to End Poverty

Retrieved on: 
Thursday, August 10, 2023

Appleton, Wis., Aug. 10, 2023 (GLOBE NEWSWIRE) -- The 38th annual U.S. Venture Open raised $4,812,582 to end poverty in Northeast Wisconsin.

Key Points: 
  • Appleton, Wis., Aug. 10, 2023 (GLOBE NEWSWIRE) -- The 38th annual U.S. Venture Open raised $4,812,582 to end poverty in Northeast Wisconsin.
  • The U.S. Venture Open has drawn hundreds of partners, golfers, and volunteers on the second Wednesday of August for nearly four decades.
  • Grants totaling $3.35 million impacted 206 organizations collaborating to end poverty in the Green Bay, Fox Valley, and Oshkosh regions.
  • The U.S. Venture Open is the nation’s single largest one-day charitable event dedicated to ending poverty.

Oshkosh Corporation Reports Fiscal 2023 Second Quarter Results

Retrieved on: 
Tuesday, August 1, 2023

Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment, today reported fiscal 2023 second quarter net income of $175.0 million, or $2.67 per diluted share, compared to net income of $32.1 million, or $0.49 per diluted share, for the second quarter of fiscal 2022.

Key Points: 
  • Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment, today reported fiscal 2023 second quarter net income of $175.0 million, or $2.67 per diluted share, compared to net income of $32.1 million, or $0.49 per diluted share, for the second quarter of fiscal 2022.
  • Consolidated operating income in the second quarter of fiscal 2023 increased 207.9 percent to $234.9 million, or 9.7 percent of sales, compared to $76.3 million, or 3.7 percent of sales, in the second quarter of fiscal 2022.
  • Access segment operating income in the second quarter of fiscal 2023 increased 191.2 percent to $211.7 million, or 15.9 percent of sales, compared to $72.7 million, or 7.4 percent of sales, in the second quarter of fiscal 2022.
  • Defense segment operating income in the second quarter of fiscal 2023 increased 65.8 percent to $6.3 million, or 1.3 percent of sales, compared to $3.8 million, or 0.7 percent of sales, in the second quarter of fiscal 2022.

The Toro Company Names Jason P. Baab Vice President, Strategy, Corporate Development and Sustainability

Retrieved on: 
Thursday, July 27, 2023

The Toro Company (NYSE: TTC), a leading global provider of solutions for the outdoor environment, today announced that Jason P. Baab will join the company as vice president of strategy, corporate development and sustainability, effective July 31, 2023.

Key Points: 
  • The Toro Company (NYSE: TTC), a leading global provider of solutions for the outdoor environment, today announced that Jason P. Baab will join the company as vice president of strategy, corporate development and sustainability, effective July 31, 2023.
  • Baab succeeds Blake Grams, who retired in April 2023 after 25 years with the company.
  • View the full release here: https://www.businesswire.com/news/home/20230727928814/en/
    The Toro Company names Jason Baab Vice President, Strategy, Corporate Development and Sustainability (Photo: Business Wire)
    “Jason brings a strong leadership background and extensive experience fostering growth and innovation across multiple brands and industries,” said Richard M. Olson, chairman and chief executive officer.
  • “I am very excited to welcome him to The Toro Company and our enterprise leadership team.

Oshkosh Corporation to Announce Second Quarter Earnings August 1, 2023

Retrieved on: 
Wednesday, July 19, 2023

Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment, will issue its second quarter 2023 financial results on Tuesday, August 1, 2023.

Key Points: 
  • Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment, will issue its second quarter 2023 financial results on Tuesday, August 1, 2023.
  • The results will be discussed during a live webcast that day beginning at 9:30 a.m. EDT.
  • To access the webcast, investors should go to www.oshkoshcorp.com approximately 15 minutes prior to the event.
  • Slides for the webcast will be available on the website the morning of August 1.

U.S. House of Representatives Supports Dual-Use Acquisition Strategies for Army Autonomous Driving Programs in the FY 2024 National Defense Authorization Act (NDAA)

Retrieved on: 
Monday, July 17, 2023

MOUNTAIN VIEW, Calif., July 17, 2023 /PRNewswire/ -- Kodiak Robotics, Inc., a leading self-driving developer building technology for the trucking and defense markets, today lauded the House of Representatives for including language in the FY2024 National Defense Authorization Act (NDAA) that demonstrates Congressional support for the Department of Defense's (DoD's) decision to contract with commercial technology developers to develop dual-use software for the Army's Robotic Combat Vehicle (RCV) program (found on page 114). Section 267 of the House passed NDAA, reflects Congress's increasing interest in encouraging dual-use technology acquisition strategies, which will encourage cutting-edge commercial technology developers to adapt their technology for national security purposes. These dual-use acquisition strategies include the Software Acquisition Pathways model which enables the Army to acquire hardware and software separately.

Key Points: 
  • Section 267 of the House passed NDAA, reflects Congress's increasing interest in encouraging dual-use technology acquisition strategies, which will encourage cutting-edge commercial technology developers to adapt their technology for national security purposes.
  • These dual-use acquisition strategies include the Software Acquisition Pathways model which enables the Army to acquire hardware and software separately.
  • The House NDAA commends the Army for partnering with commercial technology developers to create an autonomous driving system capable of navigating complex terrain and GPS-challenged environments for the RCV program.
  • We are incredibly thankful for Congress's recognition of this technology and its support for innovative defense acquisition strategies."

Ignacio A. Cortina Appointed to Alliant Energy Board of Directors

Retrieved on: 
Thursday, July 13, 2023

Alliant Energy Corporation (NASDAQ: LNT) today announced that its Board of Directors has appointed Ignacio A. Cortina as a new independent director, effective July 14, 2023.

Key Points: 
  • Alliant Energy Corporation (NASDAQ: LNT) today announced that its Board of Directors has appointed Ignacio A. Cortina as a new independent director, effective July 14, 2023.
  • Presently, he serves as Executive Vice President, Chief Legal Officer and Secretary for Oshkosh Corporation (Oshkosh).
  • “We are thrilled to welcome Ignacio to Alliant Energy’s Board of Directors,” said John Larsen, Alliant Energy Board Chair and CEO.
  • Cortina graduated from James Madison University with a Bachelor of Arts degree in Political Science and received his Juris Doctor degree from The Catholic University of America.

Oshkosh Corporation releases 2022 Sustainability Report

Retrieved on: 
Tuesday, July 11, 2023

Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment has released its 10th annual Sustainability Report, reinforcing the company’s continued focus on innovation, commitment to sustainable business practices and building a better world.

Key Points: 
  • Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment has released its 10th annual Sustainability Report, reinforcing the company’s continued focus on innovation, commitment to sustainable business practices and building a better world.
  • View the full release here: https://www.businesswire.com/news/home/20230711881471/en/
    Oshkosh Corporation’s sustainability strategy is guided by four core areas: empowering our people, developing innovative products, building communities and operating sustainably.
  • “Each year we focus on driving sustainable growth across our business,” said Kevin Tubbs, Oshkosh Corporation vice president, chief ethics, compliance and sustainability officer.
  • To learn more, or to access the fiscal year 2022 Sustainability Report, please click here oshkoshcorp.com .