I was in room when people specifically asked currier if we were going to buy a casting capability…this was in may or before, he point blank said NO. Now he gets to wait in line like everyone else before he can ship engines.
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I’m sorry but things are worse than you appreciate. Vimal extracted nearly that amount of cash out of aerospace as part of the spinout. HONA is an heavily indebted company that cannot grow the top or bottom line while interest rates are going to the moon. They will have to borrow more money at high interest rates to “fix the supply chain”. Not good.
What do you have against CPP?
We don't have the cash, we couldn't get the $12B needed even if Jim wanted it. Smart move by GE though.