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nt on end-user demand, 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
e positive risk-rewards with the stocks that we think still incorporate little for business jets at current levels including Buy-rated COLJGD/TXT. Global Equity Research Americas Aerospace Sector Comment 2 February 2012 waves ccrruinvestmentresearch Chart 1: UBS Business Jet Market Index Chart 2: Overall Busine
end-user demand, availability 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 businesse
ractional weakness, and increased competition at the low-mid end (Embraer). Of the suppliers. Buy rated COL is our preferred play on business jets. Global Equity Research Americas Aerospace Sector Comment 24 March 2010 ww* ute cony nvestmentresearch David E. Strauss Ana/5i davId.Straungisba Oten •1-212.7136185
end-user demand, availability 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 businesse
ractional weakness, and increased competition at the low-mid end (Embraer). Of the suppliers. Buy rated COL is our preferred play on business jets. Global Equity Research Americas Aerospace Sector Comment 24 March 2010 ww*.ubs comonvestmentreseatch David E. Strauss Anato daed strainsktubs Qom .1-212.7136185 C
Entities connected to both General Dynamics and Global Equity Research
Doug Band
PERSON
Textron
ORGANIZATION
Review
ORGANIZATIONBombardier Inc.
ORGANIZATIONTextron Inc.
ORGANIZATIONEmbraer
ORGANIZATIONUBS Business Jet
ORGANIZATIONEuropean Investment Fund
ORGANIZATIONCore Banding Exceptions
ORGANIZATIONGeneral Dynamics Corp.
ORGANIZATIONthe Valuation and Risk
ORGANIZATIONDavid E. Strauss
PERSONDarryl Genovesi
PERSON
Europe
LOCATIONBusiness Conditions
ORGANIZATIONUBS Business Jel Survey
ORGANIZATIONUBS Business Jet Survey Score
ORGANIZATIONUBS Laded
ORGANIZATIONLarge Cabin
PERSON
UBS AG
ORGANIZATION