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Operator
Ladies and gentlemen, thank you for standing by, and welcome to the HEICO s Fiscal Year 2021 First Quarter Earnings Results Call. Certain statements in today s call will constitute forward-looking statements, which are subject to risks, uncertainties and contingencies.
HEICO s actual results may differ materially from those expressed in or implied by those forward-looking statements as a result of factors, including: the severity, magnitude and duration of the COVID-19 pandemic; HEICO s liquidity and timing of cash generation; lower commercial air travel caused by COVID-19 pandemic and its aftermath; airline fleet changes or airline purchasing decisions, which could cause lower demand for our goods and services; product specification costs and requirements, which could cause an increase to our costs to complete contracts, governmental and regulatory demands; export policies and restrictions; reductions in defense, space or homeland security spending by U.S. and/or ....

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