Additional details from the UTX 3Q call:
Greg Hayes, CFO:
"I'd like to say we're making good progress. What we want here, and I said it before, we need a win-win on this with the Canadian government. Obviously, we're disappointed we haven't been able to deliver the helicopters. We're building them right now down at West Palm. We'd expected to build 5 -- build and deliver 5 this year, build and deliver 19 next year. We're well on our way for all those helicopters. But until we have an agreement with the Canadian government in terms of the final configuration and an interim configuration, we really can't ship anything. So as I sit here today, I tell you we don't have a solution. I certainly hope by the time Louis [Chênevert, UTC CEO] stands up in early December, we can give you guys some more clarity on it. But right now, all I know is that we need to continue to work with the Canadians to find a win-win here."
Jesus Malave, Director IR:
"We're ready to deliver the 5 aircraft. It's just a matter of letting this negotiation play out."
I/C