Financials: Business: Backlog

Our entire backlog is attributable to the Aerospace segment. We anticipate that approximately 86.2% of our backlog at the end of 2011 will be performed in 2012. Approximately 70.6% of the backlog at the end of 2011 is related to U.S. Government contracts or subcontracts, which include government orders that are firm but not yet funded.

Total backlog at the end of December 31, 2011, 2010 and 2009, and the portion of the backlog we expect to complete in 2012 is as follows:

In thousands Total Backlog at
December 31, 2011
2011 Backlog to be
completed in 2012
Total Backlog at
December 31, 2010
Total Backlog at
December 31, 2009
Aerospace $ 531,920 $ 458,517 $ 532,630 $ 430,885

     

Part II