Self-driving truck startup Kodiak Robotics wins $50 million deal to help develop driverless Army vehicles [CNBC]
Werner Enterprises, Inc. (WERN)
Last werner enterprises, inc. earnings: 4/28 04:05 pm
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Source: CNBC
Department of Defense to help develop automated combat vehicles for the U.S. Army. The company said the vehicles will be tailored for reconnaissance, surveillance and other missions that would present a high risk to a human driver. The contract was awarded by the DoD's Defense Innovation Unit (DIU) and is part of the Army's ongoing Robotic Combat Vehicle (RCV) program. “We are proud to have the opportunity to leverage our cutting-edge self-driving technology for defense applications, and believe our work with DIU and the U.S. Army will both help strengthen national security and hasten our path to commercial deployment,” Kodiak CEO Don Burnette said in a statement. DIU said it received 33 responses to its initial solicitation in October, and selected Kodiak and another vendor, development software provider Applied Intuition, after an extensive review process. Kodiak has been testing its autonomous trucks in Texas since 2019, and counts logistics giants Werner Enterprises and U.
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WERN
News
- Werner (WERN) Misses Q1 Earnings and Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- E-commerce, onshoring drive Q1 demand for Link Logistics [Yahoo! Finance]Yahoo! Finance
- Werner Enterprises, Inc. (NASDAQ:WERN) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Werner Enterprises, Inc. (NASDAQ: WERN) had its price target lowered by analysts at JPMorgan Chase & Co. from $37.00 to $36.00. They now have a "neutral" rating on the stock.MarketBeat
- Werner Enterprises, Inc. (NASDAQ: WERN) had its price target lowered by analysts at Evercore ISI from $39.00 to $35.00. They now have an "in-line" rating on the stock.MarketBeat
WERN
Earnings
- 4/30/24 - Miss
WERN
Sec Filings
- 4/30/24 - Form 8-K
- 4/3/24 - Form DEFA14A
- 4/3/24 - Form DEF
- WERN's page on the SEC website