I mean the spin-offs are uh progressing on time. So we expect to have the chemicals business advanced material spin-off completed Q4 of this year uh and then aerospace will happen uh second half of 2026. So they are progressing well.But the good news is that uh the two important points there. First is we have majorly completed our portfolio transformation work with that because when I started we announced these spins but we also have done a lot of portfolio work some substraction some additions. So that's l ...

Financial Data and Key Metrics Changes - Adjusted earnings per share increased by 8% compared to Q2 2024, reaching $2.95, which is at the high end of the guidance range [6][18] - Organic sales growth for the quarter was 8%, driven by strong performance in Electrical Americas, Aerospace, and Electrical Global [6][18] - Segment margins reached a record high, expanding by 20 basis points to 23.9% [6][18] Business Line Data and Key Metrics Changes - Electrical Americas segment reported organic sales growth of 12%, primarily driven by data center strength, which was up approximately 50% [18][19] - Aerospace segment achieved organic sales growth of 11%, with particular strength in defense and commercial aftermarket [25][26] - Vehicle segment experienced an 8% decline in both total and organic sales, mainly due to weaknesses in the North American truck market [27] Market Data and Key Metrics Changes - Electrical Americas backlog grew by 17% year-over-year, reaching an all-time record [7][20] - Orders in Electrical Americas accelerated to a 2% increase on a trailing twelve-month basis, recovering from a 4% decline in the previous quarter [19][20] - APAC region showed double-digit organic growth, while EMEA experienced mid-single-digit growth [23][24] Company Strategy and Development Direction - The company is focusing on a strategy anchored by three pillars: lead, invest, and execute for growth, with a strong emphasis on high-growth and high-margin markets [9][16] - Recent acquisitions, including Ultra PCS and Resilient Power Systems, are aimed at strengthening the company's position in aerospace and data center markets [11][12] - Partnerships with companies like NVIDIA and Siemens Energy are designed to enhance infrastructure capabilities and address power availability challenges for data centers [14][15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strong order momentum and negotiation pipeline, particularly in Electrical Americas, which is expected to continue into Q3 [40][41] - The company raised its guidance for organic growth to a range of 8.5% to 9.5% for the year, reflecting positive market conditions [30][31] - Management noted that while some segments like vehicle and e-mobility are facing challenges, overall market positioning remains strong [30][31] Other Important Information - The company is investing in AI and ERP systems to enhance operational efficiency and customer interaction, which is expected to yield long-term benefits [102][104] - The integration of Fiberbond is progressing well, with expectations of increased volume and new business opportunities [76][77] Q&A Session Summary Question: What is the expectation for Electrical Americas and global orders? - Management indicated strong momentum in orders and a robust negotiation pipeline, expecting continued acceleration in Q3 [40][41] Question: Is Electrical Americas gaining market share in the US? - Management confirmed that market data indicates share gains in North America, particularly in data centers [49][50] Question: Can you elaborate on the data center strategy regarding gray space and white space? - The company has a comprehensive strategy addressing power availability and construction speed, with partnerships and acquisitions enhancing their capabilities [51][52] Question: What is the outlook for Electrical Global margins? - Management expressed a cautious but optimistic view, aiming for margin improvements while being prudent in guidance [121][122] Question: How is the capacity coming online impacting orders? - Management noted that the new capacity is expected to strengthen orders and support growth, particularly in the data center segment [144][145]

They often say it doesn't take a rocket scientist, but what if it does. What does it take to make a career in launching vehicles into outer space. Arrow Astro Professor Carrie Cowboy of MIT tells her story about how she got started and what she finds most exciting.So I was working in college and um I was there on um federal work study. So I I you know had to get funding to go to college and didn't didn't have another way to do it. Um and so I'd been working in the libraries and I saw this advertisement um f ...

Financial Data and Key Metrics Changes - EnPro reported second quarter sales of $288.1 million, a 6% increase year-over-year, with adjusted EBITDA of $71.1 million, down 3.9% from the previous year [11][12] - Adjusted diluted earnings per share decreased to $2.3 from $2.8 last year, primarily due to factors affecting adjusted EBITDA performance [12] - Total company adjusted EBITDA margin was 24.7%, reflecting increased operating expenses and transactional foreign exchange headwinds [12] Business Line Data and Key Metrics Changes - Sealing Technologies sales increased by 1.9% to $187.5 million, driven by strength in aerospace and food and pharma markets, while facing challenges in commercial vehicle OEM demand [13] - Advanced Surface Technologies (AST) saw a 14.5% increase in sales to $100.9 million, with growth in precision cleaning solutions and optical coatings [14] - Adjusted segment EBITDA margin for Sealing Technologies was 33.8%, down from 35.5% last year, while AST's margin was 19.6%, down from 21.7% [13][15] Market Data and Key Metrics Changes - The company expects mid single-digit growth in Sealing Technologies for the year, with strong performance anticipated in aerospace and food and biopharma markets [19] - AST is projected to achieve high single to low double-digit sales growth year-over-year, driven by improved demand for semiconductor tools and precision cleaning solutions [20] Company Strategy and Development Direction - EnPro is focused on its "EnPro 3.0" strategy, which emphasizes personal and profitable growth, empowering employees to pursue individual development plans [9][22] - The company is investing in capacity expansions and strategic marketing to enhance its market reach and drive long-term profitable growth [6][8] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the resilience of the business and the ability to navigate macroeconomic challenges, with a strong outlook for the second half of 2025 [4][19] - The company raised its full-year 2025 guidance, expecting sales growth between 5% to 7%, adjusted EBITDA in the range of $270 million to $280 million, and adjusted diluted earnings per share of $7.6 to $8.1 [19] Other Important Information - The balance sheet remains strong, with net debt of $364 million and a net leverage ratio of 1.4 times trailing twelve-month adjusted EBITDA [17] - Free cash flow for the first half of 2025 was $52.8 million, up from $35.5 million last year, driven by strong operating performance and working capital management [18] Q&A Session Summary Question: Impact of FX transaction headwind in Sealing and nuclear timing - Management indicated that the nuclear performance was affected by timing issues between quarters, with strong underlying demand [27][28] - Transactional FX impacts were noted, particularly in AST, with significant effects from local expenses in non-functional currencies [29][30] Question: Incremental margins in AST and FX headwinds - Management expects FX headwinds to be less significant moving forward, with AST positioned to leverage growth investments for improved margins [35][36] Question: Drivers of improved growth rate in Sealing - New programs and customer wins, particularly in the OEM commercial truck sector, are contributing to the improved growth outlook [37][39] Question: AST growth expectations for the second half - Management highlighted ongoing investments and a healthy business environment, with expectations for continued growth in AST [42][44] Question: Success of compositional analysis post-acquisition - The compositional analysis business has exceeded growth expectations, with strong leadership and plans for capacity expansion [47][48] Question: M&A activity outlook - The company remains active in pursuing M&A opportunities, focusing on growth nodes in key markets [51][52]

Group 1 - Nebius Group (NASDAQ: NBIS) stock has increased over 60% since the previous report in May, significantly outperforming the S&P 500's 8.3% gain [2] - The stock is currently trading well above the initial price target, with Q2 earnings approaching, indicating a timely opportunity for investors [2] - The Aerospace Forum aims to discover investment opportunities in the aerospace, defense, and airline industry, leveraging data-informed analysis [2] Group 2 - The analyst has a background in aerospace engineering, providing context to developments in a complex industry with significant growth prospects [2] - The investing group offers direct access to data analytics monitors, enhancing the investment research process [2]

RT SpaceX (@SpaceX)This was the first Starship to be static fired on the orbital launch mount, which was modified by engineers and technicians at Starbase https://t.co/tUNW441hjf ...

Group 1 - The world is focusing on reducing carbon emissions, creating significant opportunities in the green economy sector [1] - Green Growth Giants offers a model portfolio and actionable research aimed at maximizing returns from the generational shift towards green growth [1] - Rolls-Royce experienced a nearly 7% increase in stock price following the release of its half-year results, despite a slowdown in revenue growth [2] Group 2 - Manika, a macroeconomist with over 20 years of experience, leads the investing group Green Growth Giants, which explores opportunities in the green economy [2]

NASA’s acting administrator plans to accelerate the construction of a nuclear reactor that could be used on the moon and alter the way NASA will partner with industry https://t.co/2N4kIG2NPt ...

LIVE! Watch LIVE as SpaceX launches more Starlink satellites aboard Falcon 9, to low-Earth orbit from Space Launch Complex 40 (SLC-40) at Cape Canaveral Space Force Station in Florida. Join our community Discord! https://discord.com/invite/xCm9UpDPE4 This coverage is made possible by our amazing community! Consider becoming a The Launch Pad Member and go behind the scenes with early video access, behind the scenes live streams and more! SUBSCRIBE to The Launch Pad! https://www.youtube.com/@TheLaunchPad SUBS ...

More than 3,200 union members who assemble Boeing’s fighter jets in the St. Louis, Mo., area and Illinois went on strike on Monday after rejecting a second contract offer the previous day.Boeing Defense said it was ready for the work stoppage and it will implement a contingency plan that uses non-labor workers.According to the company, the rejected four-year contract would have raised the average wage by roughly 40% and included a 20% general wage increase and a $5,000 ratification bonus. It also included i ...