from the recent investor's conference:
"In aerospace, during the third quarter, we organizationally combined the Greenville and Waco operations, and headcount has been reduced by over 700 people. Additionally, we recently concluded a strategic review of Vertex Aerospace, and have decided to initiate a sale process. While Vertex is a strong player in the maintenance and logistics support market with good prospects, we are focusing our resources on higher value-add and more profitable business."
So they are going to sell Vertex? Strange that they announce it like this