Recent divestitures have created a pure-play military tactical vehicle company.
Our assumption is that if deliveries are effected in the fourth quarter of 2005, they simply would be made up in the first quarter of 2006. We think it would be very unlikely for a strike to last beyond late 2005, assuming one was authorized.
The answers to the questions of 1979-80 were very different than what we are expecting in the months to come.
Rapid growth in new orders and sales does not automatically translate to higher profits. New employees will need to be hired and trained. Suppliers need to expand capacity too. Can all this be handled without margin degradation?
We've known this for, good God, it goes back almost a year now. Probably a lot of people who don't own Boeing stay away from it for this reason, but those that do had already accounted for it.
Several next-generation systems are still in development. Would it really make sense to buy more current generation platforms?
They're in a rough patch of news flow. I really think the fundamentals are a lot stronger than the recent news.
