Latest KLX Inc News and Updates
Manitowoc to spin off after activist pressure
In its 8K filing with the SEC on January 29, Manitowoc announced that it will split its cranes and foodservice businesses.
Why Boeing Sought to Acquire KLX’s Aerospace Solutions
KLX’s (KLXI) Aerospace Solutions segment generated ~61% of its fiscal 2017 revenues supporting original equipment manufacturers of commercial and military aircraft.
A snapshot of the KLX Aerospace Solutions Group
Most industry analysts believe the outlook for new aircraft deliveries will be strong for the foreseeable future, which bodes well for KLX Aerospace.
Overview of KLX after spin-off from B/E Aerospace
KLX Aerospace Solutions Group accounted for 76% of LTM pro forma revenue, making it the world’s leading distributor of aerospace fasteners and consumables.