Whilst this is true, there are other aspects to consider. I would not be surprised to discover that CTC was bought by L3 not for its flying training business but for the type rating business. The flying training side looks like a huge company to us mortals down at the bottom of the food chain but to L3 Harris it is quite likely it's just a 'thing they acquired' along with the sims which if it is profitable will just be allowed to carry on, hardly noticed by the main board. Were it to make significant losses, however, the eye of Sauron might fall upon it and a decision may be taken to dispose of it. Is an MBO on the cards?