Allison Transmission Holdings, Inc. Common Stock (ALSN)

Allison Transmission and Yutong Bus Co., Ltd., a leading bus manufacturer in China, are steadfastly growing their presence in Rwanda. Over the past decade, the companies have collaborated to export transit buses equipped with Allison fully automatic transmissions to the African nation. Recently, Kigali, Rwanda's capital city, once again upgraded its fleet with city transit buses equipped with Allison Torqmatic® Series transmissions.

Allison Transmission, in partnership with New Flyer, a leading bus manufacturer in North America, is proud to announce the selection of Allison-equipped electric hybrid buses by the New Orleans Regional Transit Authority (RTA). The New Flyer buses equipped with the Allison eGen Flex® electric hybrid propulsion system will provide a more sustainable transportation solution to the city of New Orleans.

Allison Transmission is pleased to announce that the first Allison-equipped agriculture sprayer built in Brazil was recently showcased by KS Pulverizadores, a leading Brazilian agriculture equipment manufacturer, at Show Rural Coopavel, an agriculture industry tradeshow in Cascavel, Brazil. Allison’s successful entry into the Brazilian ag sprayer market, where most sprayers have been traditionally equipped with hydrostatic and manual transmissions, is a milestone in the company’s strategic initiatives targeting growth in the end markets Allison serves outside North America. Most sprayers in neighboring Argentina, where Allison entered the sprayer market in 2015, are now equipped with Allison fully automatic transmissions.

Allison Transmission Holdings Inc. (NYSEALSN) (“Allison” or the “Company”) announced today that, on March 13, 2024, its wholly owned subsidiary, Allison Transmission, Inc. (the “Borrower”), entered into a fourth amendment to its credit agreement (the “Amendment”).

Allison Transmission Holdings Inc. (NYSEALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, announced today that its Board of Directors has approved an increase in the Company’s quarterly dividend from $0.23 to $0.25 per share on the Company’s common stock and has declared a cash dividend of $0.25 per share on the Company’s common stock for the first quarter of 2024. Payment will be made on March 15, to stockholders of record at the close of business on March 4.

Allison Ventures, Allison Transmission’s venture capital arm, is pleased to announce its strategic investment in Niron Magnetics, a pioneering company in the field of sustainable non-rare earth permanent magnets. This investment marks a significant milestone in the advancement of clean energy solutions and the reduction of reliance on critical materials.

Allison Transmission Holdings Inc. (NYSEALSN) today reported an 8 percent increase in fourth quarter net sales from the same period in 2022, propelling full year net sales to a record $3.04 billion. Diluted EPS for the year increased 34 percent from 2022 to a record $7.40.

Allison Transmission is pleased to announce a leading global logistics and delivery company will add Freightliner Cascadia compressed natural gas (CNG) day cab tractors equipped with the Allison 3414 Regional Haul Series™ (RHS) transmission to its fleet of 18,000 tractors. After initially introducing the 3414 RHS into Cascadia models paired with the DD13 diesel engine in early 2022, Daimler Truck North America (DTNA) introduced the Allison 3414 RHS and Cummins ISX12N engine pairing last year as an industry-leading solution that maximizes payload and performance while reducing emissions and engine noise levels.

In partnership with Volare, Brazil's leading minibus manufacturer, Allison Transmission will equip South America's first school buses with fully automatic transmissions. Brazil’s National Fund for Educational Development (FNDE), a federal agency connected to the Ministry of Education, recently announced grants to finance 320 new buses equipped with Allison Torqmatic™ Series transmissions as part of its School Path Program, which aims to provide public school students with access to safer and more reliable transportation. Allison’s entry into the Brazilian school bus market is representative of the strong growth Allison is experiencing outside of North America as a result of our strategic growth initiatives.

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today announced it is launching Allison Ventures.

Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, is proud to be selected by Oshkosh Corporation as its electric axle supplier for North America’s first fully integrated, zero-emission electric refuse collection vehicle. The Allison eGen Power® 100S has been successfully integrated into the McNeilus® Volterra™ ZSL™ electric refuse vehicle, which is specifically designed for the waste management industry to minimize environmental impact and reduce noise in communities around the world.

Allison Transmission Holdings Inc. (NYSEALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today announced that it will hold its fourth quarter and full year 2023 financial results conference call at 5:00 p.m. EST on Tuesday, February 13, 2024. David S. Graziosi, Chairman and Chief Executive Officer, and G. Frederick Bohley, Senior Vice President, Chief Financial Officer and Treasurer, will review the company's financial performance for the period. The news release announcing the financial results will be issued post market on Tuesday, February 13.

Allison Transmission is pleased to announce a strategic partnership agreement with SANY, a global heavy equipment manufacturer for the mining and construction markets. Allison will supply its family of Off Road Series™ (ORS) and Wide Body Dump Series™ (WBD) transmissions for integration into their lineup of mining vehicles including the next-generation SANY SKT105 wide body mining dump (WBMD) truck, rigid dump trucks and articulated dump trucks (ADT).

Allison Transmission, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, received an $83.3 million contract to provide upgraded and new X1100 transmissions supporting Abrams Main Battle Tank variants used by the U.S. Army and Foreign Military Sales customers.

Allison Transmission announced today that a new collective bargaining agreement with the International United Automobile, Aerospace and Agricultural Implement Workers of America (UAW) Local 933 has been ratified. The contract covers approximately 1,600 UAW-represented employees at Allison facilities in Indianapolis, Indiana and has a four-year duration, expiring on November 14, 2027.

Allison Transmission Holdings Inc. (NYSEALSN) today announced that its Board of Directors has declared a cash dividend of $0.23 per share on the Company’s common stock for the fourth quarter of 2023. Payment will be made on November 30, 2023, to stockholders of record at the close of business on November 13, 2023.

Allison Transmission Holdings Inc. (NYSEALSN), today reported third quarter net sales of $736 million, a 4 percent increase from the same period in 2022 and diluted EPS of $1.76, a 21 percent increase from the same period in 2022.

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions for tactical wheeled and tracked defense platforms is pleased to announce its X1100-5A3™ cross-drive as the propulsion solution for the Hanwha Redback that was recently selected for Australia’s LAND 400 Phase 3 program scoped to replace the M113 Armored Personnel Carriers that have been in service since the mid-1960s.

Allison Transmission is pleased to announce the winner of the Allison Guild Technician Skills Competition. Matt Kagarise from Penn Power Group was named Grand Champion of the competition at the Guild Star Awards banquet hosted in Dallas, Texas during First Line 2023, Allison’s biannual event for its North America service channel professionals that focuses on product updates and best practices in service procedures.

Allison Transmission will partner with B-Metro, the public transit system in Brownsville, Texas, to provide the Allison eGen FlexTM electric hybrid propulsion system for 35-foot GILLIG buses. The city recently received a $4.7 million grant from the Federal Transit Administration’s (FTA) 2023 Low or No Emission Program. Brownsville named Allison’s eGen Flex electric hybrid technology in its application for the grant. The city is one of 125 communities across the U.S. to be awarded this funding for modernizing bus facilities and purchasing new vehicles that help reduce emissions.

Allison Transmission today announced the launch of the eGen Power® 85S, the newest addition to Allison’s family of fully electric axles. In partnership with Anadolu Isuzu, Allison is pleased to present their integrated eGen Power 85S into the Isuzu Novo VOLT fully electric bus showcased at Busworld Europe in Brussels, Belgium.

Allison Transmission Holdings Inc. (NYSEALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today announced that it will hold its third quarter 2023 financial results conference call at 5:00 p.m. EDT on Wednesday, October 25, 2023. David S. Graziosi, Chairman and Chief Executive Officer, and G. Frederick Bohley, Senior Vice President, Chief Financial Officer and Treasurer, will review the company's financial performance for the period. The news release announcing the financial results will be issued post market on Wednesday, October 25.

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions for tactical wheeled and tracked defense vehicles, has signed a memorandum of understanding (MOU) with Grupa Zbrojeniowa (PGZ), a holding group uniting Polish state-owned defense industry companies and one of the largest defense companies in Europe. The two defense leaders will partner to expand their product portfolio and bolster Allison’s supplier network and service capabilities in Europe and beyond.

Allison Transmission, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, has been awarded a contract worth approximately $13 million for the second phase of the U.S. Army’s Low-Rate Initial Production contract for the newly named M10 Booker Combat Vehicle, formerly known as Mobile Protected Firepower. Designed to increase the combat power of the Army’s Infantry Brigade Combat Teams, the M10 Booker is one of the U.S. Army’s leading modernization initiatives.

Allison Transmission is pleased to announce that Mack Trucks, one of North America’s largest producers of heavy-duty trucks, has selected the Allison 4500 Rugged Duty Series™ (RDS) as the exclusive transmission currently offered for its new compressed natural gas (CNG)-powered Mack® Granite® model. This partnership is the latest example of Allison’s ability to deliver optimized performance and capability in demanding vocations, agnostic of fuel source for the powertrain.