Albany Says Growth In Aerospace Programs Is Resulting In More Complex Projects, Where Manufacturing Learning Curve And Labor Ramp Are Steeper
Albany Says Growth In Aerospace Programs Is Resulting In More Complex Projects, Where Manufacturing Learning Curve And Labor Ramp Are Steeper
Following its regular quarterly review of program costs and estimates relative to certain large complex aerospace contracts the Company has updated its labor, material input and scrap cost assumptions over the duration of certain long-term contracts.
在對特定大型複雜航空航天合同的計劃成本和估算進行常規季度審查後，公司已更新其在某些長期合同期間的人工、物料投入和廢品成本假設。
These increased cost assumptions as well as the impact of suspended production at a key customer pending their union negotiations will result in an approximate $24 million negative Estimate-at-Completion (EAC) adjustment in the third quarter of 2024. Changes in other forecast assumptions are projected to lower second-half pre-tax earnings by an additional $8 million.
這些成本增加的假設以及暫停關鍵客戶生產的影響，導致在2024年第三季度出現約2400萬美元的負預計完工（EAC）調整。其他預測假設的變化預計將使下半年的稅前收益降低額外800萬美元。
