Joe Giordano's questions to AMETEK Inc (AME) leadership • Q3 2024
Question
Joe Giordano asked about the assumptions for Boeing OEM exposure in the fourth-quarter forecast and requested an updated 2024 revenue expectation for the Paragon acquisition.
Answer
Chairman and CEO David Zapico clarified that for the Q4 forecast, any direct sales to Boeing have been removed, though sales to lower tiers of the supply chain with confirmed orders remain. He did not provide a new revenue figure for Paragon but stated that its performance was in line with expectations for Q3 and that prior guidance still holds.