ALSN News & Events

Stock futures were mostly unchanged after the major averages had a broadly higher day to close out the second quarter as traders continue to monitor oil prices amid tensions in the Middle East. Despite geopolitical tensions, an oil-price shock earlier in the quarter, and persistent inflation concerns, the major indexes still notched one of their strongest quarterly performances in years.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -Constellation Brandsup 3.9%ALSO HIGHER -Bloom Energyup 9.9% after announcing it will expand its AI infrastructure partnership with Brookfieldto $25B from $5BAllison Transmissionup 2.9% after being named to join the S&P MidCap 400DOWN AFTER EARNINGS -Nikedown 1.5%ALSO LOWER -Inlifdown 45% after announcing a 1-for-200 share combinationFlash Sports and Mediadown 7.9% after filing to sell 62.67M shares of common stock for holders

Allison Transmission (ALSN) has entered into a contract with BAE Systems (BAESY) vHagglunds to supply 4040 MX transmissions for the company's CV90 MkIV infantry fighting vehicles. The $250M agreement includes an option for additional units valued at $50M. The agreement is the largest single tracked defense program contract in Allison Transmission's history. The CV90 MkIV program serves as the inaugural production platform for Allison's 4040 MX transmission, and production deliveries are scheduled to begin in 2028. Allison conducted extensive integration testing with BAE Systems Hagglunds over a two-year period to ensure the new solution is mission ready.