Friends, please listen. The company is NOT for sale. Just look at the financials. We contribute more to GDs bottom line than any other division. GD has quarterly earnings report conference calls that everyone (and GAC employees in particular) should listen to. Most of the investors' questions center on GAC. Why? Because we're very valuable to GD's share price.
Next, look at the business climate. Trade wars and world politics means fewer sales. Our cash cow aircraft are being heavily discounted in order to achieve flat sales.
Hey, how 'bout them Nordam thrust reversers. That'sh–ting us, as well.
The bottom line is that we're experiencing lower revenues on flat sales coupled with higher costs. We are the best of the best and layoffs will come, but it would be far worse if we were Bombardier or Dassault.
Having said that, our leadership team is old, stale, toxic and the primary reason for our situation. They're paid A LOT of money and they have not been delivering for 5 years.
Wall Street has been watching us. Hopefully, they'll force a much needed change.
On point post from @110Pv4mn-bhzc.