Item 1A. Risk Factors
Item
1A. Risk Factors
Our
business, financial condition and operating results are affected by a number of factors, whether currently known or unknown, including
risks specific to us or the aerospace and defense industry as well as risks that affect businesses in general. In addition to the information
set forth in this Quarterly Report on Form 10-Q, you should consider carefully the factors discussed in Part I, Item 1A, “Risk
Factors” in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025, filed with the SEC on March 31, 2026. The
risks and uncertainties disclosed in such Annual Report could materially adversely affect our business, financial condition, cash flows
or results of operations and thus our stock price. During the second quarter of 2026, there were no material changes to our previously
disclosed risk factors.
These
risk factors may be important to understanding other statements in this Quarterly Report and should be read in conjunction with the unaudited
condensed consolidated financial statements and related notes in Part I, Item 1, “ Financial Statements ” and Part I,
Item 2, “ Management’s Discussion and Analysis of Financial Condition and Results of Operations ” of this Quarterly
Report. Because of such risk factors, as well as other factors affecting our financial condition and operating results, past financial
performance should not be considered to be a reliable indicator of future performance, and investors should not use historical trends
to anticipate results or trends in future periods.
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