Leading positions in niche markets for aerospace forgings, castings, structures, and fasteners. Strong profit margins due to the company's ability to effectively manage costs, improve operating efficiency, and successfully integrate acquisitions. Exposure to the cyclical and competitive commercial aerospace industry. Credit ratios are likely to improve over the next few years. Likely to use solid free cash flows for acquisitions with possible support from its parent for larger purchases. Strong liquidity. The CreditWatch with negative implications on Precision Castparts reflects that on parent Berkshire Hathaway Inc. S&P Global Ratings will resolve the CreditWatch on Precision Castparts once the CreditWatch on Berkshire Hathaway is resolved. We would lower the ratings on Precision Castparts proportional to any downgrade of the parent, likely
