“Our near-term mix of defense is going to go up and growth rates are going to be at I would say, relatively elevated rate compared to the core aerospace business.”

In context

“nefiting from the fact that supply chain is normalizing. I guess, how do we think about that into 2025? Is this a business just based on the normalization of the supply chain, it should continue to see this level of growth, call it, high single digits to double-digit type growth into next year? Vimal Kapur: I do believe that. I think our order books there are strong in defense, and in fact, demand remains very strong. We have demonstrated now for two quarters in a row, our ability to take supply chain actions, specifically to the defense supply chain and we do expect to maintain this momentum in 2025. It will remain the headline for aerospace growth, specifically not only the core business and even always own but with the acquisition of Kate, which is the entirely service Defense segment. Our near-term mix of defense is going to go up and growth rates are going to be at I would say, relatively elevated rate compared to the core aerospace business. Joe Ritchie: Okay, great. Thank you very much. Vimal Kapur: Thank you. Operator: Thank you. Our final question this morning comes from the line of Andy Kaplowitz with Citigroup. Please proceed with your question. Andy Kaplowitz: Good morning, everyone. Vimal Kapur: Hey, Andy. Greg Lewis: Hey, Andy. Andy Kaplowitz: Vim, I know you've talked about accelerating new products now and evolving the accelerated operating system. How much could that accelerating or maybe the focus on what good looks like across your portfolio help in '25 versus '24? Would you anticipate a material step-up in core growth from your initiatives, even if markets maybe stay a little muted, more muted than expected outside of Aero? Vimal Kapur: Yes. I think short answer is yes, Andy. We have done work, and we really tra”