The World's Work

Allison Transmission Awarded a $51 Million Contract to Support Abrams Tank Production for the U.S. Army and Internationally

Retrieved on: 
Wednesday, December 14, 2022

Allison is proud to support the U.S. Army and our global customers today and for decades to come, said Dana Pittard, Vice President for Defense Programs, Allison Transmission.

Key Points: 
  • Allison is proud to support the U.S. Army and our global customers today and for decades to come, said Dana Pittard, Vice President for Defense Programs, Allison Transmission.
  • Deliveries and technical support under this contract will begin in January 2023 and continue through March 2024.
  • The Abrams tank, introduced in the early 1980s, has been the subject of continuous capability improvements throughout its service life.
  • The future is very exciting as Allison will have a new defense production program launch every year for the next several years.

Allison Transmission Recognized with ASE ATMC National Excellence in Training Award for Off-Highway Program

Retrieved on: 
Thursday, December 1, 2022

Allison Transmission is proud to announce that it has been honored with a prestigious award for its Off-Highway Maintenance and Overhaul training program.

Key Points: 
  • Allison Transmission is proud to announce that it has been honored with a prestigious award for its Off-Highway Maintenance and Overhaul training program.
  • The ASE Training Manager Council (ATMC), a division of the National Institute for Automotive Service Excellence dedicated to the advancement of training and professional development in the transportation service industry, recognized Allison with a 2022 National Excellence in Training Grand Award.
  • View the full release here: https://www.businesswire.com/news/home/20221201005972/en/
    The Automotive Service Excellence Training Manager Council (ATMC) recently recognized Allison Transmission's Off-Highway Maintenance and Overhaul training program with the 2022 National Excellence in Training "Grand Award".
  • The 2022 National Excellence in Training Awards were presented at a reception hosted by ATMC on November 2 at Industry Week in Las Vegas.

Allison Transmission Japan Celebrates 50th Anniversary

Retrieved on: 
Wednesday, November 30, 2022

Allison Transmission is honored to celebrate the 50-year anniversary of its business presence in Japan, an important milestone in the successful partnership between Allison and Japanese commercial vehicle equipment manufacturers.

Key Points: 
  • Allison Transmission is honored to celebrate the 50-year anniversary of its business presence in Japan, an important milestone in the successful partnership between Allison and Japanese commercial vehicle equipment manufacturers.
  • Allisons partnerships with OEMs in Japan date back to the 1970s when Isuzu selected the Allison fully automatic transmission for its medium-duty trucks.
  • Allison Transmission Japan has developed a nationwide network of service dealers in order to ensure its transmissions operate at peak performance and have an extended lifecycle.
  • Allison remains committed to offering innovative propulsion solutions designed to meet the needs of the domestic market in Japan as well as reliable aftermarket service through the Allison Authorized Service Network.

Allison Transmission Declares Quarterly Dividend

Retrieved on: 
Monday, November 7, 2022

Allison Transmission Holdings Inc. (NYSE: ALSN) today announced that its Board of Directors has declared a cash dividend of $0.21 per share on the Companys common stock for the fourth quarter of 2022.

Key Points: 
  • Allison Transmission Holdings Inc. (NYSE: ALSN) today announced that its Board of Directors has declared a cash dividend of $0.21 per share on the Companys common stock for the fourth quarter of 2022.
  • Payment will be made on November 30, 2022, to stockholders of record at the close of business on November 21, 2022.
  • Allison Transmission (NYSE: ALSN) is a leading designer and manufacturer of propulsion solutions for commercial and defense vehicles and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions that Improve the Way the World Works.
  • Allison also has more than 1,400 independent distributor and dealer locations worldwide.

U.S. Army Selects BAE Systems’ Beowulf Vehicle with Allison Automatic for Its Newest Cold Weather All-Terrain Vehicle

Retrieved on: 
Tuesday, November 1, 2022

The Allison-equipped Beowulf vehicle, from BAE Systems, will provide soldiers with capable, reliable mobility and increase their survivability in the harshest conditions that Alaska and the Arctic has to offer.

Key Points: 
  • The Allison-equipped Beowulf vehicle, from BAE Systems, will provide soldiers with capable, reliable mobility and increase their survivability in the harshest conditions that Alaska and the Arctic has to offer.
  • View the full release here: https://www.businesswire.com/news/home/20221101005138/en/
    Allisons 3000 Specialty Series transmission enables the Armys Cold Weather All-Terrain Vehicle to travel in extreme arctic conditions.
  • The CATV is a light tracked vehicle powered by a transmission normally used in a medium-duty truck or Stryker wheeled combat vehicle, said Dana Pittard, Vice President, Defense Programs, Allison Transmission.
  • The U.S. Army operates in a variety of grueling conditions including Arctic regions and other extreme cold weather environments.

Allison Transmission to Present at Baird’s 2022 Global Industrial Conference

Retrieved on: 
Thursday, October 27, 2022

This will be the 52nd annual Industrial Conference presented by Baird, as a premiere invite-only forum to connect more than 250 leading public and private company executives representing moderate-large companies.

Key Points: 
  • This will be the 52nd annual Industrial Conference presented by Baird, as a premiere invite-only forum to connect more than 250 leading public and private company executives representing moderate-large companies.
  • The presentation webcast will be available on Allison Transmissions Investor Relations webpage ir.allisontransmission.com for 90 days following the event.
  • Allison Transmission (NYSE: ALSN) is a leading designer and manufacturer of vehicle propulsion solutions for commercial and defense vehicles, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, and a leader in electrified propulsion systems that Improve the Way the World Works.
  • Allison also has more than 1,400 independent distributor and dealer locations worldwide.

Allison Poised for Growth in South American Agriculture Sector with Record Sales in Argentina and Recent Entry to Brazil

Retrieved on: 
Tuesday, October 25, 2022

Allison has now also successfully entered this sector in Brazil, which has traditionally relied on hydrostatic and manual transmissions, with a new OEM release.

Key Points: 
  • Allison has now also successfully entered this sector in Brazil, which has traditionally relied on hydrostatic and manual transmissions, with a new OEM release.
  • This targeted growth initiative is one of Allisons strategic priorities to achieve the companys targeted annual double digit growth of net sales in the Outside North America On-Highway end market.
  • Argentina and Brazil are two of the largest global producers of soybeans, and the agribusiness in Brazil currently represents approximately 27% of gross domestic product.
  • (Photo: Business Wire)
    Numerous market leading Argentine OEMs, including Caiman and Metalfor, have chosen the Allison 2500 and 3000 Series transmissions for their agriculture sprayers.

Allison Transmission Named Exclusive Provider for New XCMG All-Terrain Crane

Retrieved on: 
Thursday, October 20, 2022

Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, is pleased to announce that it has been named the exclusive provider of transmissions for Xuzhou Construction Machinery Groups (XCMG) newest all-terrain cranes, leading to additional growth for Allison Transmission outside North America.

Key Points: 
  • Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, is pleased to announce that it has been named the exclusive provider of transmissions for Xuzhou Construction Machinery Groups (XCMG) newest all-terrain cranes, leading to additional growth for Allison Transmission outside North America.
  • View the full release here: https://www.businesswire.com/news/home/20221020006068/en/
    XCMGs all-terrain crane successfully completes a wind turbine installation in northern China thanks to the performance of the Allison 4970 Specialty Series automatic transmission.
  • "XCMG and Allison have had a successful partnership for more than 10 years.
  • "The successful integration of the Allison 4970SP into XCMG's all-terrain cranes demonstrates Allisons commitment to customer-centric innovation," said Brian Geiselhart, Executive Director, Asia Pacific Sales, Allison Transmission.

Allison Transmission Recognized as Supplier of the Year by Idealease

Retrieved on: 
Wednesday, October 19, 2022

Allison Transmission is honored to announce that the company has been named Supplier of the Year by Idealease, a premier commercial truck lease and rental company in North America, with over 45,000 trucks, tractors and trailers in their fleet.

Key Points: 
  • Allison Transmission is honored to announce that the company has been named Supplier of the Year by Idealease, a premier commercial truck lease and rental company in North America, with over 45,000 trucks, tractors and trailers in their fleet.
  • The award, which Allison also received in 2018, was recently announced at the Idealease 40th Annual Meeting.
  • View the full release here: https://www.businesswire.com/news/home/20221019005242/en/
    At the Idealease 40th Annual Meeting, Steve Roberts, National Accounts Manager, Allison Transmission (pictured left), accepts Allisons second Supplier of the Year award in four years from Dan Murphy, President and CEO of Idealease.
  • (Photo: Business Wire)
    Were proud to recognize Allison as Supplier of the Year for the second time in four years, said Dan Murphy, President and CEO of Idealease.

Allison Transmission Appoints Jackie Bolles as Executive Director, Treasury and Investor Relations

Retrieved on: 
Tuesday, October 18, 2022

Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, is pleased to announce that as of Oct. 17, Jackie Bolles has assumed a new role as Executive Director, Treasury and Investor Relations at the company.

Key Points: 
  • Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, is pleased to announce that as of Oct. 17, Jackie Bolles has assumed a new role as Executive Director, Treasury and Investor Relations at the company.
  • In her decade with Allison, Jackie has brought invaluable experience to Allison, said Fred Bohley, Allison Transmission SVP, CFO and Treasurer.
  • We look forward to her continued contributions by applying her knowledge of our financial reporting, operations and strategy to our investor relations and treasury activities.
  • Bolles served as corporate securities and business counsel at Faegre Baker Daniels LLP prior to her joining Allison Transmission in 2012.