ALSN 📈 Allison Transmission - Overview

Allison Transmission Holdings Inc, a leading global provider of propulsion solutions, designs and manufactures fully automatic transmissions for a wide range of vehicles, including medium- and heavy-duty commercial vehicles, as well as medium- and heavy-tactical U.S. defense vehicles. The company's product portfolio also includes electrified propulsion systems, which are gaining traction worldwide due to their potential to reduce emissions and operating costs. Its commercial-duty on-highway, off-highway, and defense transmissions are engineered to deliver high performance, reliability, and fuel efficiency in various applications, such as distribution, refuse, construction, fire, and emergency on-highway trucks, as well as school and transit buses.

The company's transmissions are also used in motor homes, energy, mining, and construction off-highway vehicles and equipment, and wheeled and tracked defense vehicles. Allison Transmission offers its products under the Allison Transmission brand name, while its remanufactured transmissions are sold under the ReTran brand name. In addition to its core transmission business, the company provides a range of support products and services, including branded replacement parts, support equipment, aluminum die cast components, and other products necessary to service the installed base of vehicles utilizing its solutions. This comprehensive approach enables the company to build long-term relationships with its customers and provide them with a single point of contact for all their propulsion needs.

Allison Transmission serves its global customer base through an independent network of approximately 1,600 independent distributor and dealer locations, providing customers with easy access to its products and services. The company's extensive distribution network, combined with its strong brand reputation and commitment to quality, has enabled it to establish itself as a trusted partner for original equipment manufacturers, distributors, and the U.S. government. With a history dating back to 1915, Allison Transmission has evolved into a technology leader in the field of propulsion solutions, with a strong focus on innovation, customer satisfaction, and operational excellence. Headquartered in Indianapolis, Indiana, the company is well-positioned to continue driving growth and expansion in the global market for commercial and defense vehicles.

As a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol ALSN, Allison Transmission is committed to delivering long-term value to its shareholders. The company's common stock is classified under the GICS Sub Industry: Construction Machinery & Heavy Transportation Equipment, reflecting its focus on the design, manufacture, and sale of propulsion solutions for commercial and defense vehicles. With a global presence and a diverse customer base, Allison Transmission is poised to capitalize on emerging trends and opportunities in the global market, including the growing demand for electrified propulsion systems and the increasing need for sustainable and efficient transportation solutions.