$PKE —
In Q1, management described the Lockheed agreement as raising PAC-3 MSE capacity "from 600 per year to 2,000," calling it "unheard of."
Q2, same agreement: 600 to 1,000. No analyst flagged it, no explanation offered.
The 2,000 figure reappears in Q2 but as Park's own Newton production planning target, not Lockheed's contract figure.
Meanwhile the GE Aerospace full-year forecast was trimmed to $32M–$35M from $34–$38M while juggernaut language escalated.
Tulsa capex slip to $10M this year was owned and bounded; completion and production dates unchanged.
EBITDA cleared the forecast ceiling.
#TheGapReport