Defense business positioned for improved profitability
• Focused on profitability of TWV business through operational efficiencies and sole source contracts • New sole source contracts contain Economic Price Adjustment (EPA) protections to manage risk of inflation and cost escalation • Driving aftermarket growth through expanded parts sales and technology upgrades across legacy fleets
• Investing in targeted upgrades to grow capabilities • Expanding autonomous platform offerings • Incorporating launch electrification kits to provide mission power • Developing payload integration capabilities • Pursuing new markets where DoD is prioritizing investments • Developing higher margin international opportunities
Delivering improved operating margins
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