Oshkosh Corp (OSK) Q2 2020 Earnings Call Transcript

Oshkosh Corp (OSK) Q2 2020 Earnings Call Transcript

Earlier today, we published our second quarter 2020 results.. Our presenters today include Wilson Jones, President and Chief Executive Officer; John Pfeifer, Executive Vice President and Chief Operating Officer; and Mike Pack, Executive Vice President and Chief Financial Officer.. We have strong backlogs in our defense and fire & emergency segments, giving us visibility well into 2021.. Our office team members remain productive and are working remotely.. With near-term demand and supply chain challenges facing our businesses, we are squarely focused on managing our cost structure and preserving liquidity.. We've instituted temporary plant shutdowns in our access equipment segment to match production and customer demand and supply chain constraints.. And we've implemented salary reductions, furloughs and other cost reduction actions across the company.. We believe the cost reductions are a responsible way to manage the company during these unprecedented times.. Late in our second quarter, we began to hear from customers in our access equipment segment that wanted to push out delivery requirements and cancel some existing orders.. While COVID-19 has impacted demand in our access and commercial segments, demand was largely unaffected in our in both of our fire & emergency and defense segments.. And these two segments have