Oshkosh reports Q2 FY2022 earnings; supply chain hurt sales by $65M; JLTV recompete RFP released

OSHKOSH CORP

Earnings announced for three months ended March 31, 2022; specific EPS and revenue not in provided filing text.
Supply chain disruptions adversely impacted sales by approximately $65 million during the quarter (risk factors).
U.S. Army released RFP for JLTV production recompete in Feb 2022; award expected late 2022 or early 2023.
USPS NGDV contract: IDIQ up to 165,000 units over 10 years; first 50,000 units on order.
Steel costs: U.S. hot rolled steel prices more than doubled between Sep 2020 and Mar 2022, pressuring margins.

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