The company has significantly outperformed the S&P 500 over the past year. It is benefiting from two major trends: higher global defense spending and a surge in commercial air travel, which have led to a growing order backlog. In response, management is expanding its manufacturing capacity, signaling strong confidence in sustained demand for both its defense and commercial aerospace solutions. This expansion is a key factor being examined for its potential to change the firm's overall investment narrative, with analysts expressing moderate optimism.