$23.68
-1.24 (-4.98%)
Oshkosh Corporation (NYSE:OSK)
CAPS Rating:
A designer, manufacturer and marketer of a variety of specialty vehicles and vehicle bodies predominately for the North American and European markets.
A designer, manufacturer and marketer of a variety of specialty vehicles and vehicle bodies predominately for the North American and European markets.
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CEO Robert Bohn's confidence sells it best:"Oshkosh is meeting weak market conditions head-on by investing in global initiatives to improve distribution in key international growth markets and reducing costs across all businesses. This permits us to maintain our positive outlook for fiscal 2008." Additionally, their Diesel-Hybrid Technology is well tested and is now being used in both new truck orders and the retrofitment of used vehicles. By improving fuel economy up to 20%, this technology gives them a market edge. The military has taken notice and is one of their best customers. I'm hoping this places them in an advantageous position when the new contract for Joint Light Tactical Vehicles is awarded.