Neither of those companies makes a significant portion of their money in the segment. It's a low-margin business. It's not bad business, but it's not going to move the needle more than a big defense contract, (or) maybe even a medium-size defense contract.
More Quotes from Chris Mecray:
It improves competitiveness overall. The more people that participate, the more powerful it becomes. It clearly benefits the buyers.Chris Mecray
My guess is it gets settled without too much time, rather than have them (the company) risk the progress they've made with Wall Street recently.
Chris Mecray
While they won't admit it, the primary driver of lower procurement costs will be by lowering prices out there, increasing competition through versus auctions.
Chris Mecray
Neither item is good news, so you can't say it's one or another. A plane crashes can always impact the stock, but it's probably not a big problem given the strong safety record of that aircraft.
Chris Mecray
The money's coming from both side of the business. You have commercial aerospace with explosive growth. The commercial aircraft orders have been exceptionally strong over the course of the summer and also on the defense side of the business where government budgets have been picking up in the last couple of years and are not expected to continue to pick up through the next administration.
Chris Mecray
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Based on Topics: Business & Commerce QuotesBased on Keywords: low-margin, medium-size
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