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Stock impact report

Allison Transmission Delivers Cross-Drive Transmission to Turkish Armed Forces for Next Generation Tracked Defense Vehicle [Yahoo! Finance]

Allison Transmission Holdings, Inc. (ALSN) 
Last allison transmission holdings, inc. earnings: 2/19 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.allisontransmission.com
Company Research Source: Yahoo! Finance
propulsion solutions for tactical wheeled and tracked defense vehicles, partnered with HST Otomotiv, Allison's licensed manufacturer in Türkiye, to deliver the Allison X1100-5A4 cross-drive transmission for integration into the Next Generation T-155 Firtina 155 mm Self-Propelled Howitzer for the Turkish Armed Forces. As part of the initial delivery, 10 transmissions have been successfully provided to Türkiye, with several already installed in the vehicles. Full production of the new tracked defense vehicle is scheduled for July 2024 , with a total of 140 Firtina Howitzers expected to be delivered to the Turkish Armed Forces. The Firtina is one of many growth opportunities expected to drive $100 million of incremental annual revenue in Allison's Defense end market. "Allison has an established history of delivering propulsion solutions that deliver unrivaled reliability and durability for the severe duty-cycles associated with the defense end market," said Dana Pittard , Vice Presiden Show less Read more
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