Acquisition PotentialFree cash and the balance sheet are robust, and TDY is seeing a strengthening of the acquisition potential pipeline.
Aerospace & DefenseAerospace & Defense Electronics segment is primed to meet strong demand as the global threat environment intensifies.
Stock BuybackTDY repurchased $278mn worth of shares, with ~$1bn remaining under the current authorization, and retired $450mn of debt, bringing leverage to a healthy ~1.7x net debt to EBITDA.