Watching BOOK TO BILL
GD Aerospace (Gulfstream) have reported Q3 earnings.
Gulfstream BOOK TO BILL is at 1.4x which looks very nice for them. An increase of new orders or what? I don’t think so. I notice that their deliveries are down 23%. Due to supply issues? Maybe their BB ratio is not so nice as at first glance.
BBD BOOK TO BILL is 1x (will see update when they report Q3) and their deliveries are not down. Seems to me BBD is managing the supply issues better than Gulfstream.
Would be nice to see new orders for BBD.
Snowey