Ken Herbert

how do we think about that with the opportunity and the pace of margin improvement in BDS as you seem to be -- have turned the corner

how has that been impacted and is that a potential risk as we think about sort of the next few quarters?

Can you give any comments maybe around any onetime advances or other items that could have been supported some of the upside

How should we think about timing from what would be a protracted shutdown from your view?

can you provide any commentary on cadence of deliveries as we think about second quarter and second half of the year from Gulfstream?

Are you seeing anything else geographically? Maybe any areas of softness or anything else that sticks out

do you get a sense that there was any prebuying by your customers on the aftermarket ahead of potential disruptions or concerns down the road

I wanted to ask about the 15% higher revenues associated with narrow-body services through 2028

Can you comment if you expected or saw any pre-buys there, specifically in China or elsewhere

as you look across sort of your portfolio, are there any areas where you see incremental risk of this if we do see maybe any slower ramp

What's the underlying assumption for spares growth in 2025 if you can provide that? And I guess specifically, you know, the last few calls you've talked up in particular demand around the CFM56

if you can give an update on integration there. And I think, Tom, in particular, you called out a $10 billion opportunity pipeline or order pipeline, how do we think about timing on that

the bookings backdrop is gonna accelerate from here based on what you just said. And and I was just hoping you can maybe elaborate on that and and shed some additional color on what the shape of th...

How are you thinking about incremental M&A opportunities this year? Where are your priorities and what does the guidance imply for buybacks this year

how do we think about M&A in this environment? How are you thinking about it? And where are you focused in terms of specific opportunities

Is it possible to maybe quantify how we should think about that first half, second half cost dynamic

have you seen any pronounced change in expected contract terms, or basically within contract structures

as you look at your exposure to Ukraine, can you level set us on sort of directly or indirectly, how you see that?

I wanted to just verify this was F-35 or if there's anything else to call out on that in the first quarter

could you talk about confidence in the supply chain to ramp production over the next few years, whether it be solid rocket motors, seekers

Can you provide a little bit more on what's implied in the 2025 guide for working capital improvement?

can you talk about what the guidance implies for international growth in 2026? And specifically, you've called out a number of quarters now. It seems like an accelerating opportunity for IBCS

How do you think about that program and the growth into 2026 in particular? But then also we're hearing that that program in particular is very well suited

when we could expect other incremental orders internationally in particular as you talk to those 12 countries?

Have your thank you. Have your assumptions at all changed on F-35 international sales this year into 2026

With all the strong bookings, are you how should we think about now maybe any upward momentum on international either as a mix in 2025

are you seeing any incremental risk on your, I guess, Pratt supply chain from suppliers around the world just as a result of the war in Iran?

I wanted to see if you can talk about the up 13% in the Collins aftermarket and specifically the pieces within that

can you provide any disaggregation of provisioning versus repair the parts of the business? And I guess as part of that, is there any incremental risk you're seeing around destocking

If we are in a situation where crude remains elevated, just how would you expect that to flow through your business?

you feel like you're basically through the destock you've seen on the MAX

how do we think about the ability to get the recent acquisitions up to sort of TransDigm margins?

can you provide any more color on bookings that you saw?

did you see any pre-buy activity with any airlines around the world just looking to get ahead of sort of this tariff risk

are you maybe more open now to doing less traditional acquisitions? Do you feel like you've got a better understanding of opportunities?

Are you seeing any incremental pressure in -- on pricing across any of the submarkets within the aftermarket

Can you remind us what percent of aftermarket engine represents? And maybe how much over the up nine was the engine

frame up now exiting 2024, the mix of defense between maybe getting even at a high level aftermarket versus OE

where did you really see the upside in defense? Was it sort of up-tempo activity in areas?