Oshkosh: Supply chain snarls lowered revenues

By Evan Ochsner / October 28, 2022 at 1:39 PM
A parts shortage caused Oshkosh to close a manufacturing line for two weeks in the third quarter and contributed to lower defense revenues for the company in the quarter, executives said during an earnings call Thursday. “Revenues for the defense segment were lower in the quarter versus the prior year due to lower vehicle production as a result of both significant production disruptions caused by parts shortages and planned reductions in [Defense Department] spending on tactical wheeled vehicles,” CEO John...

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