Revenue Growth and Adjusted Operating Margin
Oshkosh Corporation reported a 9% revenue growth with an adjusted operating margin of 10.3% for the third quarter.
Vocational Segment Performance
The vocational segment achieved strong year-over-year revenue growth of 17.6%, leading to an adjusted operating margin of 13.7%.
Successful NGDV Deployment
The United States Postal Service began placing Oshkosh's next-generation delivery vehicles (NGDV) in service, marking a significant milestone.
AUSA Acquisition
Oshkosh completed the acquisition of AUSA, a leading European manufacturer, expanding its product offerings and market presence.
Defense Segment Revenue Increase
Defense segment sales were up 14% due to NGDV production and higher tactical wheeled vehicle deliveries.