INDIANAPOLIS, July 24, 2024 /PRNewswire/ -- Allison Transmission has partnered with Cummins to test and validate the new Cummins X15N 15-liter natural gas engine paired with the Allison 4000 SeriesTM fully automatic transmission. Sandman, a bulk cement hauling fleet based in San Jose, California, has successfully completed over 50,000 miles of vehicle testing in the field and reports significant improvements in fuel efficiency and performance. The test vehicle, a Peterbilt tractor pulling double trailers of ...

Through its partnership with Element Technical Services, the next-generation purpose-built Allison hydraulic fracturing transmission is in operation in Canadian oil fields.INDIANAPOLIS, July 23, 2024 /PRNewswire/ -- Allison Transmission has partnered with Element Technical Services, an industry-leading pressure pumping services company serving the Williston Basin, Powder River Basin and Western Canadian Sedimentary Basin, to field Allison's FracTran® in Canada for the first time. FracTran entered production ...

INDIANAPOLIS, July 18, 2024  /PRNewswire/ -- Allison Transmission has formed a new strategic partnership with Lingong Heavy Machinery Co. Ltd. (LGMG), a prominent Chinese mining equipment manufacturer, to provide industry-leading mining vehicles to customers across the globe. As a next step in the companies' long-term partnership, LGMG has integrated Allison 6625 Wide Body Dump Series™ (WBD) transmissions into 136T wide body mining dump trucks, which will be delivered to international customers for hauling ...

Allison Transmission Holdings, Inc. (ALSN) has signed a contract with BAE Systems Hagglunds, a prominent European producer of tracked combat vehicles, to supply the new Allison 4040 MX propulsion system for the ongoing CV90 Infantry Fighting Vehicle (IFV) programs, with production expected to commence in 2028. The 4040 MX, an upgraded version of the 3040 MX cross-drive transmission used in the U.S. Army's M10 Booker Combat Vehicle, expands Allison's medium-weight product line.This agreement continues a long ...

New Allison 4040 MX™ cross-drive transmission to equip the CV90 Mk IV infantry fighting vehicle.INDIANAPOLIS, July 17, 2024 /PRNewswire/ -- Allison Transmission has signed a contract with BAE Systems Hägglunds, one of Europe's most successful producers of tracked combat vehicles, to provide the new Allison 4040 MX™ propulsion solution for ongoing CV90 Infantry Fighting Vehicle (IFV) programs with production expected to begin in 2028. The 4040 MX extends Allison's medium weight offering in its cross-drive pr ...

INDIANAPOLIS, June 25, 2024 /PRNewswire/ -- Allison Transmission has released its 2023 Corporate Social Responsibility Report outlining the company's sustainability and environmental performance, social and community impacts, and associated governance practices."Allison is deeply committed to providing our OEM partners and fleet customers with a broad portfolio of propulsion solutions designed to reduce emissions and meet their unique needs," said David S. Graziosi, Chair and Chief Executive Officer, Alliso ...

INDIANAPOLIS, June 4, 2024 /PRNewswire/ -- Allison Transmission Holdings, Inc. (NYSE: ALSN), a global leader in commercial-duty automatic transmissions, electric and hybrid propulsion solutions, is pleased to announce the appointment of G. Frederick (Fred) Bohley III as the new Chief Operating Officer (COO), effective immediately. This appointment was approved by Allison's Board of Directors. Fred Bohley, who has been with Allison Transmission since 1991, will continue to hold his current roles as Chief ...

INDIANAPOLIS, May 16, 2024  /PRNewswire/ -- Allison Ventures, Allison Transmission's venture capital arm, is pleased to announce it has committed to a $10 million investment in EnerTech Capital, a venture capital firm focused on the development of emerging technologies and business models in the mobility space.Through this partnership, Allison will gain access to EnerTech's large network of high-tech companies that are advancing automotive technologies in the electrification, connectivity, autonomy and digi ...

Henrik5000Investment Thesis Over the past decade, Allison Transmission Holdings, Inc. (NYSE:ALSN) delivered annual compounded double-digit profit growth. The company achieved this despite modest revenue growth by improving operating and capital efficiencies. Allison is also financially sound with a good capital allocation plan. Despite being a wonderful company in the Buffett sense, the market has yet to recognize this. My valuation showed more than a 30% margin of safety at the current market price. Bu ...

Allison Transmission (ALSN) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this automatic transmission maker have returned -10.3% over the past month versus the Zacks S&P 500 composite's -4.2% change. The Zacks Automotive - Original Equipment industry, to which Allison Transmission belongs, has lost 8.1% over this period. Now the key question is: Where c ...