Matt Field, the CFO of Oshkosh (OSK), joined Market On Close from CES 2026 and discussed the company’s new product launches and AI platform. Oshkosh received multiple CES Innovation Awards® this year, including Best of Innovation in Robotics & Travel Tourism, and was an Honoree in the Construction & Industrial Tech categories.

I previously covered the company, which makes specialty vehicles like garbage trucks, fire trucks, and airport vehicles, here. Oshkosh focuses on safety and efficiency, and in that vein continues to implement AI in its products: Field discussed features like “refuse detection” during garbage runs, which uses machine learning to tell if any recyclables are contaminated. Without this tool, oftentimes one dirtied recyclable means the whole bin is sent to the garbage.

Oshkosh won the CES Innovation Award in Robotics for its JLG Boom Lift, which “can transform traditional boom lifts into autonomous mobile platforms.” In Travel & Tourism, it won for an electric airport rescue and firefighting vehicle, “which has 28 percent faster acceleration” compared to traditional diesel machines. The 45-ton vehicle can go from zero to 50 mph in under 25 seconds.

Oshkosh is making big strides in airports: it also showed off a fleet of autonomous airport robots that will help planes pull off the “perfect turn”: the process of a plane landing, disembarking, refueling, cleaning, and loading the next set of passengers. They hope to roll these out over the next few years and aim to have them assist in severe weather that otherwise could delay flights.

It’s not just physical tech: another product displayed at the convention, winning the 2026 CES Picks Award from TWICE, was an AI-powered collision avoidance mitigation system (CAMS), which aims to warn firefighters and emergency responders of potential collision hazards in the road.

Field described how they are creating AI platforms that have uses across sectors. For example, they use the same platform for airport vehicles and in the defense sector. Defense contracts made up around 20% of its revenue in 2024.

In its 3Q report, released in October, Oshkosh reported mixed earnings, with adjusted EPS of $3.20 beating estimates and revenue of $2.69 billion missing. EPS was up 9% year-over-year, while revenue was down 2%, which the company attributed to lower sales volume in its Access segment and a “difficult environment.” It also lowered its guidance for the full year.

Oshkosh’s 4Q report is expected on January 29. Field says that they have revenue visibility for several years in some segments.

Overall, Oshkosh is putting the pedal to the metal on integrating AI into complex machinery. Many of the vehicles it provides are for dangerous manual jobs that rank highly on the OSHA list of accidents (see: garbage collection). Field gave an example of working at heights, a typically dangerous, repetitive job that he thinks can be replaced or assisted by robotics.

Investors have been focused on hyperscalers that are building AI chatbots and have also turned to some of the “picks and shovels” companies that provide materials and energy to create them. Is the future under their noses?

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