Andy Kapowitz

“Tom O'Brien, you know, it's nice to see the backlog boost in Q3. I know you talked about $125 million of new large bookings for Q4. You mentioned the $80 million you already booked in Q4.”

“Maybe just focusing on margin for a second and low-and-water solutions. You know, good margin performance continues, so maybe update us where you are now on your 80-20 initiatives and opportunities for continued margin expansion in those segments in 2027.”

“Rick, so DII margin, I think, was the best margin that segment has recorded. I know you mentioned mixed productivity effects, but I think you've been working on structural cost actions in that segment.”

“Bill, can you give a little more of an update on your overall progress and innovation as we start thinking about 27? I think you previously have mentioned your cycle time of innovation target is at least 20% better, but can you use tools such as AI to push greater innovation much faster and with better margin?”

“Jenny, I think you prudently initially forecasting 7% to 10% growth for aero in FY27, but as you've said, you've now had four years in a row of double-digit growth in aero, and I think backlogs up mid-team.”