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Alyssa Kang

Research Analyst at Barclays

Alyssa Kang's questions to GARMIN (GRMN) leadership

Question · Q4 2025

Alyssa Kang asked about the Black Hawk project's implications for Garmin's Aviation segment, specifically if it indicates higher military exposure and an area of expansion, and if there's a different go-to-market strategy. She also requested an update on the uptake and tracking of Connect Plus.

Answer

Cliff Pemble, President and CEO, clarified that the Black Hawk project utilizes commercial off-the-shelf components for modernization, representing an incremental growth opportunity for 'workhorse aircraft' that don't require hardened military specifications. He views it as adding to the total aviation business. Regarding Connect Plus, Mr. Pemble noted it's an exciting adder, with the new nutrition feature accelerating free trials and achieving very high conversion rates. He stated that Garmin will continue to expand and enhance Connect Plus to add more value.

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