SPDR® S&P Aerospace & Defense ETF
TDG Boosted Its Proprietary Product Revenue with This Acquisition
TransDigm (TDG) has increased the size of its existing term loan facility by $650 million to facilitate a one-time special dividend of $24 per share.
Why General Electric’s Aviation Segment Revenue Rose in 1Q17
Revenue for General Electric’s (GE) Aviation segment was $6.8 billion in 1Q17, a 9.0% rise from $6.2 billion in 1Q16.
Market Expectations from Rockwell Collins in Its 3Q16 Earnings
Rockwell Collins (COL), which makes avionics for commercial and military aircraft, is scheduled to declare its 3Q16 earnings on July 25. The consensus analyst estimate COL’s adjusted EPS to rise by 19% on a year-over-year basis to $1.58.
Defense Sector Stocks Achieve Liftoff from Trump’s Victory
Because Republicans retained control of both legislative houses, investors expected that defense budgets would be easier to pass.
Higher G650 Mix Puts Margins of General Dynamics in Top Gear
Despite the challenging conditions, General Dynamics (GD) has managed to raise its margins in its Aerospace segment.
Northrop Grumman Faces Dogfight over Air Force Trainer Contract
The US Air Force has put up an order for 350 trainer aircraft on competing bids. The request for proposal is likely to be finalized by December 2016.
NetJets Orders Secure Textron Aviation amid Business Jet Weakness
Textron Aviation increase its sales in the last two quarters after gaining traction for its new Latitude business jets. It has secured 150 orders from NetJets.
How United Technologies Has Evolved over the Years
The origins of United Technologies (UTX) lie in the creation of the United Aircraft and Transportation Company (or UATC) in 1929.
Transdigm Continues as a ‘Super Stock’ in 2016
Transdigm Group (TDG) became public in March 2006. Since then, the company’s stock has compounded wealth at an astonishing clip.
Spirit AeroSystems’ Shares Take a Hop as it Wings Airbus Deal
In 2Q16, Spirit AeroSystems’ Fuselage Systems represented 50% of total revenues. Propulsion Systems and Wing Systems made up 26.3% and 23.2%, respectively.
Other Defense Majors Made for Better 2016 Picks Than Raytheon
Raytheon (LMT) has managed to beat consensus EPS (earnings per share) as well as revenue estimates seven times in the last eight quarters.
How Do Major Analysts View Rockwell Collins’s Stock?
The consensus rating among the 19 analysts covering Rockwell Collins (COL) leans toward a “buy” call.
How Elon Musk’s SpaceX Is Turning Up the Heat on Lockheed Martin
Lockheed Martin’s (LMT) Space Systems segment generated $9.1 billion in revenues in 2015, representing 20% of total annual revenues.
Why the Honeywell-United Technologies Merger Failed to Take Off
Both Honeywell and United Technologies recently confirmed that they had engaged in conversations related to a potential merger to create a global aerospace behemoth.