The Latest Breaking News from Oshkosh

The U.S. Postal Service (USPS) has placed an order of Next Generation Delivery Vehicles (NGDV) with Oshkosh Defense, a subsidiary of Oshkosh Corp (NYSE:OSK). The initial order is for 50,000 NGDVs and is valued at $2.98 billion. The first order will include a minimum of 10,019 BEVs. Oshkosh won the competitively awarded NGDV…

Oshkosh Corp (NYSE:OSK) subsidiary McNeilus Truck and Manufacturing, Inc., has acquired the CartSeeker curbside automation product from Eagle Vision Systems, Inc. and Waterloo Controls, Inc. Deal terms were not disclosed. CartSeeker curbside automation is a patented AI-based recognition technology that identifies and locates curbside waste carts and helps automate the operation of the…

John Lazar, vice president and general manager of international programs at US-based Oshkosh Defense, underlined the company’s commitment to localizing Saudi Arabia’s defense and security industries, noting that the Kingdom constituted an attractive investment environment for the transfer of technologies and industries in the sector. In remarks to Asharq Al-Awsat,…

Within the last quarter, Oshkosh (NYSE:OSK) has observed the following analyst ratings:

The world is going wild for electric vehicles, but not the United States Postal Service. The agency said earlier this week it is moving forward with a plan to replace its current mail trucks with a new fleet powered almost entirely by internal combustion engines. The $6 billion contract with…

WASHINGTON — The U.S. Postal Service has finalized a contract to replace its mail truck fleet with new Oshkosh Corp. models, almost all of them gasoline powered, after the Biden administration unsuccessfully lobbied for buying more electric vehicles.

Evercore ISI analyst David Raso upgraded Timken Co (NYSE:TKR) to Outperform from In-Line and raised the price target to $78 (an upside of 12.9%), from $76. Raso downgraded Oshkosh Corp (NYSE:OSK) from Outperform to In-Line and set a price target of $124 (an upside of 7.4%). With Q4 earnings season "largely complete" for the Industrial Machinery names he covers, Raso notes…

Over the past 3 months, 8 analysts have published their opinion on Oshkosh (NYSE:OSK) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

WASHINGTON — The U.S. Postal Service is expected in coming days to reaffirm its plan to pay Oshkosh Corp. as much as $6 billion over 10 years to replace an aging fleet of red-white-and blue delivery vans with mostly gasoline-powered models instead of climate-friendly electric vehicles.

Analysts have provided the following ratings for Oshkosh (NYSE:OSK) within the last quarter:

Keybanc boosted Oshkosh Corporation (NYSE: OSK) price target from $125 to $130. Oshkosh shares rose 0.6% to $116.70 in pre-market trading.