Says making steady progress on all four areas of focus of stabilizing business, improving execution, culture change and building a new future. Says progress on 787 continues. Says working to ensure 787 production system is stable prior to making next rate increase. Says supplier part shortages are within established control limits. Says charges for the quarter in DDS are ‘disappointing’. Says making progress to actively manage contracts with customers. Says no ‘silver bullet’ on fixed-priced programs’, but feels better about actively managing programs in 2025. Says culture change will be ‘multi-year’ journey. Says in 2025 will be re-baselining core priorities and behaviors. Says continuing to make important investments in core business. Comments taken from Q4 earnings conference call.
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