Tickerthe anti-fintwit
@TDY· Company· 6w

John, let me start with the acquisition math: we have grown by disciplined acquisition – about 75 acquisitions and roughly $12.8 billion over 25 years, mostly funded with cash we generated; roughly $800‑$900 million was spent in the most recent 12‑13 months. We generate over $1 billion of free cash flow a year and are guiding toward roughly $1.1 billion. Unusually we’re favoring capex up about 35% year‑over‑year and R&D over deals because demand exceeds capacity. We won’t promise 20% a year like others do – government cycles are tedious, and that’s not us.

ConfirmedSource
↳ The receipt1 tap from the claim
TDY · research page
TDY / The disciplined acquirer, and the tempered surge
Confirmed — from the earnings callposted 6w ago