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ilability of customer financing, program execution and inventory management. Our estimates, ratings and price targets for both General Dynamics and Textron are subject to additional risks including poor program execution and government funding related to their defense and security businesses. Additiona
26% 53% 21% 53 50 6% Composite Index 29% 41% 30% 50 50 0% Your, Inventory 8% 25% 67% 20 20 2% Finanong 24% 74% 3% 60 60 0% Business Conditions nla ni a Na 3.6 3.7 -1% Source. UBS Bissmess Jai Survey $43-44 Our Buy rating on GD reflects an improved defense risk profile and stabilizati
and, availability of customer financing, program execution and inventory management. Our estimates, ratings and price targets for General Dynamics, Textron and Rockwell Collins arc subject to additional risks including poor program execution and government funding related to their defense and security
rove, 14% expected business conditions to deteriorate and 52% expected business conditions to stay the same. Chart 19: 12-Month Forward Outlook for Business Conditions, January 2012 De'erforale 8% N O Slay tie same / 51% Improve 41% Sane: UBS Business Jet Survey Our I2•month outlook score came in at 66 this
ilability of customer financing, program execution and inventory management. Our estimates, ratings and price targets for both General Dynamics and Textron are subject to additional risks including poor program execution and government funding related to their defense and security businesses. Additiona
26% 53% 21% 53 50 6% Composite Index 29% 41% 30% 50 50 0% Young Inventory 8% 25% 67% 20 20 2% Finanong 24% 74% 3% 60 60 0% Business Conditions nla ni a nia 3.6 3.7 -1% Source UBS Biomass Jet Survey $43-44 Our Buy rating on GD reflects an improved defense risk profile and stabilizatio
Entities connected to both Textron and Business Conditions
Doug Band
PERSONTextron Inc.
ORGANIZATIONGeneral Dynamics Corp.
ORGANIZATIONBombardier Inc.
ORGANIZATION
General Dynamics
ORGANIZATIONEmbraer
ORGANIZATIONGlobal Equity Research
ORGANIZATIONUBS Business Jet
ORGANIZATIONEuropean Investment Fund
ORGANIZATIONCore Banding Exceptions
ORGANIZATIONthe Valuation and Risk
ORGANIZATIONDavid E. Strauss
PERSONDarryl Genovesi
PERSON
Review
ORGANIZATIONLarge Cabin
PERSON
Europe
LOCATIONUBS Business Jel Survey
ORGANIZATIONUBS Business Jet Survey Score
ORGANIZATIONUBS Laded
ORGANIZATIONHawker
ORGANIZATION