Kratos Defense and Security Solutions Inc Q3 2023 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Kenneth George Herbert - RBC Capital Markets, Research Division - Analyst : Nice results this quarter. Hey, Eric, maybe just to start off. I wanted to see if you could level set us on maybe the revenue run rate for the Turbine Technologies business. And how much of growth in '24 can that perhaps contribute? And then maybe more importantly, you've had some nice wins there recently, but can you talk about the pipeline in that business in particular because it sounds like there's -- it's expanding pretty rapidly?

Question: Kenneth George Herbert - RBC Capital Markets, Research Division - Analyst : Okay. Very helpful. And if I could, just one follow-up on the -- on sort of the slower pace of EBITDA growth in the next year. And obviously the margin pressure, you talked about from staffing and specifically the specialized people you need. It seems like this has obviously been going on for quite a while as the industry is going through some pretty substantial growth. How much are you looking at maybe other geographic locations or maybe sort of significantly changing maybe the -- where you're recruiting or other maybe approaches to that? Because it seems like that's clearly holding you back a little bit. And has for quite a while in terms of some of the opportunities.