Nickel prices have been drifting up. Prices on metals will be rising as the surcharges catch up with the 3 month average. The last low point was just before April 2009, which means we are just seeing the surcharges creeping up. If it holds at about $8/lb, the surcharge won't settle out until about mid/late August. See the recent graph. Where does the 8 dollars a pound come from? It seems to be a comfortable number for mines, producers and consumers. The last 5 years shows a steady pattern (excluding the painful spike we just got through that ended about November 2008), if you go back further than 5 years it is more evident.

Quotations are finished and delivered. If there are any straggling inquiries, they will not take as long to complete.

Now in the midst of preparing quotations for the bidding of 6 years of parts for the Lightning II. Good luck to all our customers supporting Lockheed Martin, Boeing, BAE and Northrop Grumman.