Question · Q3 2025
Pete Skibitzky asked about the visibility and growth outlook for the Switzerland-based turret drive stabilization business within Defense Electronics, given new orders from key customers like Rheinmetall, and sought clarification on its pricing model.
Answer
Chair and CEO Lynn Bamford stated that the turret drive stabilization business, after a slow period, is now seeing orders pick up, highlighting a strong relationship with Rheinmetall and the XM-30 win. She declined to discuss specific pricing but noted the product's applicability to some commercial markets (e.g., tilting trains), indicating it's not solely subject to FAR regulations.
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