Allison Transmission and Caterpillar Defense Broaden Relationship for Defense Applications
Allison Transmission Holdings, Inc. (ALSN)
Last allison transmission holdings, inc. earnings: 2/19 04:05 pm
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ir.allisontransmission.com
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Source: Business Wire
Companies expand collaborative efforts on power-train development for global defense applications INDIANAPOLIS--(BUSINESS WIRE)--Allison Transmission is announcing today a broader relationship with Caterpillar Defense. While the companies have been working together on defense applications for more than 40 years, the parties have reorganized the relationship to align more closely to strategic initiatives.In the updated structure, Allison will focus on design, development and manufacturing of Allison Transmission® cross-drive transmission products, while Caterpillar Defense will continue to focus on design, development and manufacturing of Cat® & Perkins® engines for defense applications. This collaboration will allow Allison and Caterpillar Defense to bring to market deeply integrated and optimized solutions for the demanding defense markets.“This expanded relationship is beneficial for both Allison and Caterpillar Defense, as it allows our respective businesses to focus on our core
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ALSN
News
- Allison Transmission Holdings, Inc. (NYSE: ALSN) had its price target raised by analysts at Citigroup Inc. from $115.00 to $125.00. They now have a "neutral" rating on the stock.MarketBeat
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ALSN
Earnings
- 10/29/24 - Beat
ALSN
Sec Filings
- 11/19/24 - Form 4
- 11/15/24 - Form 144
- 11/12/24 - Form 4
- ALSN's page on the SEC website