The issue reproduces both with Maven2 and Maven3. Seems to be a regression in 1.392 wrt to 1.386 but not certain.
Setup - project with two modules, module1 and module2, module2 depends on module1.
Developer modifies the code in both modules so that both should be committed in order for the build to pass. However, he forgets to commit changes to module1 and commits module2 only. Naturally, Hudson build fails in module2. Then the developer commits changes to module1. Module1 is not rebuilt! The build starts again from module2 and fails. A manually triggered build (non-incremental) succeeds.