Revenue growth supported by strong backlog
Revenue $ in billions
7-10% CAGR
~$13-14
Access | +$0.9-1.4 billion • Market normalization and growth • Aftermarket and adjacent market expansion Vocational | +$0.8-1.2 billion • Multi-year backlog provides strong visibility over horizon • Pricing realization from backlog Transport | +$0.8-0.9 billion • NGDV production ramp with multi-year backlog • Updated pricing mechanisms on programs • Attractive international opportunities
~$10.6
2025 (1)
Market growth
Market share
NGDV Capacity growth
Price
2028 (target)
Note: All estimates exclude future M&A activities. (1) 2025 figures reflects guidance provided on 1/30/25, unless otherwise stated, which was before impact of tariff announcements.
More than half of targeted revenue growth reflects existing contracts and backlog
Made with FlippingBook Annual report maker