I don't know why ARNC didn't bid against GE for ARCAM they would have been a better match I should think being a supplier to all of the big players...I suspect it was because the GE's bid came just when they where splitting the companies... that may have been the catalyst for GEs move...
BTW did they say who were the buyers of the machines in the 4Q.. I haven't had time to listen to the CC... just wondering if any of the big Aerospace companies put in POs e.g. RR, P&W, Airbus, Honeywell ?