Defense Sales Brighten Allison Q3 Results
Allison Transmission Holdings Inc. reported lower net income and revenue in the third quarter as its defense segment contributed higher sales.
Allison Earnings, Revenue Fall Amid Pandemic Disruptions
Allison Transmission Holdings Inc. reported second-quarter net income and revenue were sharply lower after the novel coronavirus pandemic upended supply chains and demand.
Allison Sees Q1 Net Income, Revenue Slip
Allison Transmission Holdings Inc. reported first-quarter net income and revenue slipped after a 19% decline in its largest market, North American on-highway.
Navistar Expands Production Suspension; Allison Pauses Work Too
Navistar International Corp. announced it is broadening its temporary suspension in manufacturing operations, and Allison Transmission Holdings Inc. announced it has temporarily suspended production at select manufacturing facilities.
Allison Increases Regular Dividend, Schedules Annual Meeting
Allison Transmission Holdings Inc. announced its board of directors approved an increase in the company’s quarterly dividend to 17 cents from 15 cents on its common stock.
February 28, 2020Allison Wins Army Contract
Allison Transmission announced it will provide more than 300 of its X200-4A propulsion solutions for the U.S. Army’s M113 armored personnel carrier family of vehicles through 2021 to support the Army’s mission of improving combat readiness.
December 9, 2019Allison Reports Lower Q3 Results
Allison Transmission Holdings Inc. reported lower net income and revenue in the third quarter amid uneven demand in its markets.
Allison Debuts New Regional-Haul Transmission
ATLANTA — Allison Transmission introduced a new, regional-haul transmission that is designed to handle mixed duty cycles, and named Daimler Trucks North America as the first truck-maker to offer the unit.
Allison Acquires Key Suppliers
Allison Transmission Holdings Inc., the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, announced it acquired the assets and certain liabilities of Walker Die Casting, Lewisburg, Tenn., and C&R Tool and Engineering, Muscle Shoals, Ala.
September 9, 2019Allison Transmission Posts 4% Increase in Net Income for 2Q
Allison Transmission Holdings, the largest global provider of commercial fully-automatic transmissions, reported net income for the second quarter was up 4% to $181 million, compared with $174 million for the same period in 2018, according to a July 31 earnings release.