I believe that the combination gives our nation, our company, and our people great opportunity for the future because, by working together, we can lead the world in aerospace,
More Quotes from Phil Condit:
The end result, ... is that we are ensuring a stronger, more competitive company that will be able to provide more opportunities for employees over the long term.Phil Condit
Today's announcement brings together two strong aerospace companies with complementary capabilities. The merger enhances our position as the No. 1 aerospace company in the world and truly among the world's premier industrial firms.
Phil Condit
We are in a dramatically changed business environment, ... The slow recovery of both air travel and airline profitability continues to hurt demand for both aircraft and aircraft support. Demand for commercial satellite launches may be several years away from recovery.
Phil Condit
Our entire team is focused on managing this company for value - fixing or eliminating those operations that lessen value and expanding or adding those that enhance value.
Phil Condit
We are looking at internal growth opportunities, ... We're also looking externally at things that fit with our business and that would be complementary to our core business.
Phil Condit
We don't have a problem with loans, but the terms of such loans, ... If they're on commercial terms all is well and good. But the company must accept losses on commercial terms.
Phil Condit
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