Chief Financial Officer Greg Hayes, questioned at an aerospace defense conference, said the Hartford, Conn., aerospace giant periodically reviews its portfolio of businesses.
"If we comment on this rumor we'll have to comment on every subsequent rumor," he said. "So I can't say yes, we're selling Sikorsky or no, we're not selling Sikorsky."
Defense News, citing sources it did not identify, reported on Jan. 27 that United Technologies is considering whether to sell or spin off Sikorsky or negotiate a merger.
Sikorsky, the maker of the Black Hawk helicopter, is feeling the impact of reduced military spending due to budget cuts and a scaled-back U.S. presence in Afghanistan. Still, Hayes said he's optimistic about the Stratford, Conn., subsidiary.
Top 5 Computer Hardware Companies To Invest In Right Now: RELM Wireless Corp (RWC)
RELM Wireless Corporation (RELM) provides two-way radio communications equipment. RELM designs, manufactures and markets wireless communications products consisting of two-way land mobile radios, repeaters, base stations, and related components and subsystems. Two-way land mobile radios can be units that are hand-held (portable) or installed in vehicles (mobile). The Company's P-25 digital products and the Company's analog products function in the VHF (136 megahertz - 174 megahertz), UHF (380 megahertz - 470 megahertz, 450 megahertz - 520 megahertz) and 700-800 megahertz bands. The Company offers products under two brand names: BK Radio and RELM. BK Radio-branded products serve the government and public safety market and RELM-branded products serve the business and industrial market.
BK Radio-branded products consist of land-mobile radio equipment for professional radio users primarily in government and public safety applications. RELM's P-25 digital products are marketed under the BK Radio brand. RELM-branded products provide two-way communications for commercial and industrial concerns, such as hotels, construction firms, schools, and transportation services. The Company provides products to a range of customers, including emergency, public safety, homeland security and military customers of federal and state government agencies, as well as various commercial enterprises. The Company's two-way radio products are used in harsh and hazardous conditions.
The Company competes with Motorola Solutions, Inc.
Advisors' Opinion:- [By Roberto Pedone]
Relm Wireless (RWC) is engaged in the designing, manufacturing and marketing wireless communications products consisting of two-way land mobile radios, repeaters, base stations and related components and subsystems. This stock closed up 2.8% to $3.58 in Tuesday's trading session.
Tuesday's Range: $3.40-$3.58
52-Week Range: $1.42-$3.74
Tuesday's Volume: 106,000
Three-Month Average Volume: 74,659From a technical perspective, RWC trended higher here right above some near-term support levels at $3.20 to $3.10 with above-average volume. This stock has been uptrending for the last two months, with shares moving higher from its low of $2.62 to its intraday high of $3.58. During that move, shares of RWC have been making mostly higher lows and higher highs, which is bullish technical price action. That move is quickly pushing shares of RWC within range of triggering a major breakout trade. That trade will hit if RWC manages to take out its 52-week high at $3.74 with high volume.
Traders should now look for long-biased trades in RWC as long as it's trending above some near-term support levels at $3.20 or its 50-day at $3.10 and then once it sustains a move or close above $3.74 with volume that hits near or above 74,659 shares. If that breakout hits soon, then RWC will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that breakout are $4.50 to $5.
10 Best Defense Stocks To Watch Right Now: AvWorks Aviation Corp (SPLI)
AvWorks Aviation Corp., formerly Datamill Media Corp., incorporated on January 15, 1990, and its wholly owned subsidiary, Young Aviation, LLC (Young Aviation) operate as a diversified broker and supplier of parts and services to the worldwide aviation and aerospace markets. The Company services a broad range of clients such as aircraft leasing companies, major airlines, repair stations, fixed-base operators, leasing companies and aftermarket suppliers. The Company was a management consulting firm that planned to educate and assist small businesses to improve their management, corporate governance, regulatory compliance and other business processes, with a focus on capital market participation.
On October 3, 2011, the Company acquired 100% interests in Young Aviation. Young Aviation is a diversified broker and supplier of parts, components and products to the general aviation and aerospace markets of the United States, Europe and Asia. Young Aviation services a range of clients, such as aircraft leasing companies, major airlines, repair stations, fixed-base operators, leasing companies and after market suppliers.In December 2011, the Company announced the purchase and salvage of a Lear Jet 24 from a private owner. On June 22, 2011, Datamill Media Sub Corp. was organized as a wholly owned subsidiary of Datamill Media Corp. The principal business of this subsidiary was to act as a merger vehicle for the pending merger with M3X Media, Inc. On August 12, 2011, the Company terminated the Merger Agreement with M3X Media, Inc.
Advisors' Opinion:- [By James E. Brumley]
It's a rarity that I reiterate an idea I've previously opined... particularly one that I only published just a couple of days earlier. The fact that I'm going to do so with AvWorks Aviation Corp. (OTCMKTS:SPLI) - perhaps better known to some as Vapor Group - should tell you how important it is to re-convey the message. Here goes...
- [By James E. Brumley]
It's admittedly scary to try and catch a falling knife, but sometimes it's worth the risk. Case in point? AvWorks Aviation Corp. (OTCMKTS:SPLI) .... better known as Vapor Group. Without knowing more about the stock, the sheer fact that SPLI has fallen nearly 90% since March 26th - with about a third of that coming today alone - the stock would be best left avoided by nearly any trader. For the small group of savvy traders that know the tell-tale signs and know how the market really works, however, AvWorks Aviation, or Vapor Group, may be in a prime buying situation today.... yes, even in the midst of this bloodbath.
10 Best Defense Stocks To Watch Right Now: Wesco Aircraft Holdings Inc (WAIR)
Wesco Aircraft Holdings, Inc., formerly Wesco Holdings, Inc., incorporated on July 21, 2006, a holding company for Wesco Aircraft Hardware Corp. The Company is a distributor and provider of supply chain management services to the global aerospace industry. Its services range from traditional distribution to the management of supplier relationships, quality assurance, kitting, just-in-time (JIT), delivery and point-of-use inventory management. The Company operated principally in three geographic areas, North America, Europe and markets, such as Asia, Pacific Rim and the Middle East. Wesco Aircraft Hardware Corp, its wholly owned, primary domestic operating subsidiary, Wesco Aircraft Europe, Ltd., its primary foreign operating subsidiary, and certain other foreign operating subsidiaries, in connection with the acquisition of 100% of the outstanding stock of Wesco Aircraft Hardware Corp., Wesco Aircraft Israel and the European entities of Flintbrook Ltd., Wesco Aircraft France and Wesco Aircraft Germany by Wesco Aircraft. In July 2012, the Company completed the acquisition of Interfast Inc. In March 2014, Wesco Aircraft Holdings Inc completed the acquisition of Haas Group Inc from certain investment funds affiliated with The Jordan Company, L.P.
Kitting involves the packaging of an entire bill of materials or a complete ship-set of parts, which reduces the amount of time workers spend retrieving parts from storage locations. Kits can be customized in varying configurations and sizes and can contain up to several hundred different parts. JIT supply chain management involves the delivery of parts on an as-needed basis to the point-of-use at a customer's manufacturing line. The Company supplies approximately 450,000 different stock keeping units (SKUs), including hardware, bearings, tools, electronic components and machined parts. During the fiscal year ended September 31, 2010 (fiscal 2010), sales of hardware represented 80% of its net sales, with highly engineered fasteners constituting 83% o! f that amount. The Company serves its customers under three types of arrangements: JIT contracts, which govern outsourced supply chain management services; long term agreements (LTAs), which set prices for specific parts; and ad hoc sales. JIT contracts and LTAs, together consists of approximately 63% of its fiscal 2010 net sales. The Company supplies products to approximately every Western aircraft in production, including the B-787, B-737, B-747, A-320, JSF and V-22.
Hardware
Sales of C class aerospace hardware represented approximately 80% of its fiscal 2010 product sales. Fasteners are its product category, consisting of approximately 83% of its hardware sales in fiscal 2010. Fasteners include a range of engineered aerospace parts that are designed to hold together two or more components, such as rivets (both blind and solid), bolts (including blind bolts), screws, nuts and washers. Many of these fasteners are designed for use in specific aircraft platforms and others can be used across multiple platforms.
Bearings
The Company offers aerospace bearings. Its product offering includes a variety of standard anti-friction products designed to both commercial and military aircraft specifications, such as airframe control bearings, rod ends, spherical bearings, ball bearing rod ends, roller bearings and bushings.
Electronic Components
The Company offers interconnect and electro-mechanical products, including connectors, relays, switches, circuit breakers and lighted products. The Company also offers value-added assembled products, including mil-circular and rack and panel connectors and illuminated push button switches. The Company maintains connector components in inventory, which allows the Company to respond to customer orders. In addition, its lighted switch assembly operation affords customers same day service, including engraving capabilities in multiple languages.
Machined Parts and Other
Machined par! ts are de! signed for a specific customer and are assigned original product manufacturers (OEM)-specific SKUs. The machined parts, the Company distributes include laser cut or stamped brackets, milled parts, shims, stampings, turned parts and welded assemblies made of materials ranging from high-grade steel or titanium to nickel based alloys. The Company stock a range of tools needed for the installation of its products, including air and hydraulic tools, as well as drill motors, and the Company also offers factory authorized maintenance and repair services for these tools. In addition to selling these tools, the Company also rents or leases these tools to its customers.
Advisors' Opinion:- [By Ben Levisohn]
Stallard sees KEYW Holding (KEYW) and Textron (TXT) potentially missing earnings, while Honeywell (HON),� Alliant Techsystems (ATK),�Lockheed Martin (LMT),�Raytheon (RTN) and�Wesco Aircraft (WAIR) could beat.
- [By Holly LaFon]
We initiated a small position in Wesco Aircraft Holdings (WAIR) during the quarter. Wesco is a distributor and supply chain manager to the commercial and military aerospace markets. The company should benefit from the multi-year commercial aerospace build-out that is underway. We expect this tailwind to provide visible growth through at least 2017. Wesco also has an opportunity to provide more services to large defense contractors as funding pressures force the industry to become more efficient. If the company can improve margins along the way, we think the resulting earnings growth could provide reasonable-to-good return potential for the stock.From Wallace Weitz (Trades, Portfolio)'s first quarter 2014 report.Also check out: Wallace Weitz Undervalued Stocks Wallace Weitz Top Growth Companies Wallace Weitz High Yield stocks, and Stocks that Wallace Weitz keeps buying Currently 0.00/512345
Rating: 0.0/5 (0 votes)
- [By Victor Selva]
The company has a current ratio of 16.25% which is higher than the one registered by Embraer S.A. (ERJ) and Wesco Aircraft Holdings Inc (WAIR), but lower than Huntington Ingalls Industries, Northrop Grumman Corp (NOC) and Boeing Co (BA). But for investors looking for a higher ROE, Lockheed Martin Corporation (LMT) could be the option.
- [By alicet236]
Wesco Aircraft Holdings Inc. (WAIR): Chairman, President and CEO Randy J. Snyder Sold 70,000 Shares
Chairman, President and CEO of Wesco Aircraft Holdings Inc. (WAIR) Randy J. Snyder sold 70,000 shares during the past week at an average price of $19.77. Wesco Aircraft Holdings Inc. has a market cap of $1.86 billion; its shares were traded at around $19.71 with a P/E ratio of 18.50 and P/S ratio of 2.10.
10 Best Defense Stocks To Watch Right Now: VelaTel Global Communications Inc (VELA.PK)
VelaTel Global Communications Inc, formerly China Tel Group, Inc. (ChinaTel), incorporated on September 19, 2005, is engaged in the business, which combines its engineering and deployment, its equity funding relationships, its vendor partnership, radio frequency spectrum, fiber optic cable and concession rights assets acquired through a subsidiary or a joint venture relationship to create and operate wireless broadband access (WBA) networks worldwide. It offers Internet access, voice, video, and data services to the subscribers of various WBA networks it operate. The Company�� secondary business is to distribute products and services used in connection with WBA networks, specifically hydrogen fuel cells used as a back-up power source for certain transmission equipment, and devices and services. As of December 31, 2011, it holds investments or contracts in ten projects: the VelaTel Peru Network; the GBNC Network; the VN Tech Fuel Cell Business; the Exclusive Services Agreement with NGSN; the Exclusive Services Agreement with Aerostrong; the Sino Crossings Fiber Joint Venture; Zapna; the Novi-Net Network; the Montenegro Connect Network and the VeratNet Network. In April 2012, it acquired Herlong Investments Limited and its operating subsidiaries, Novi-Net and Montenegro Connect. In April 2012, it signed and closed a stock purchase agreement to acquire a 75% equity interest in Zapna, ApS. In November 2012, the Company acquired 100% of interest in China Motion Telecom (HK) Limited.
The Company sells prepaid and postpaid plans, and branded consumer devices using VelaTel Peru�� brand name GO MOVIL. Chinacomm holds licenses and permits from China to build and operate a 3.5-gigahertz wireless broadband telecommunications network (Chinacomm Network) in 29 cities in China. These licenses run through February 2013. Phase 1 of the Chinacomm Network consisted of the deployment of the Chinacomm Network in the 12 cities of Beijing, Shanghai, Guangzhou, Shenzhen, Qindao, Nanjing, Chongqing, Harbin, X! ian, Xiamen, Wuhan and Kunming.. Portions of the Chinacomm Network are operational in Beijing, Shanghai and Shenzhen. Perusat provides local and international long-distance telephone services, including fixed line and voice over Internet protocol (IP) services, to approximately 6,500 customers in nine cities in Peru (Lima, Arequipa, Chiclayo, Trujillo, Piura, Santa, Cusco, Ica and Huanuco). Based on its status as a licensed telephone operator, Perusat has been granted a license in the 2.5-gigahertz spectrum covering these cities, other than Lima and its surrounding metropolitan area.
The Company contracted with Chinacomm to acquire a 49% equity interest in ChinaComm Limited (Chinacomm Cayman). Trussnet Capital Partners (HK), Ltd. (TCP) acquired a 49% interest in Chinacomm Cayman. Trussnet Dalian leased Yunji equipment required in the deployment of the Chinacomm Network and provide technical and management services to Yunji for the procurement, installation and optimization of the equipment.
The Compets with GBNC, VN Tech, NGSN, Aerostrong, Sino Crossings, Novi-Net, Montenegro Connect and VeratNet.
Advisors' Opinion:- [By Alan Brochstein]
Matula, who is currently a SVP for LiveDeal (LIVE), has a history of association with penny stock failures. An interesting angle is his tie to a lawyer in Las Vegas, Michael Balabon, who purports to have two separate practices, including a bankruptcy/divorce practice and an employment law practice who has acted as Registered Agent for many of these companies. I was unable to reach anyone at either office on several occasions. In any event, Balabon is the registered agent for PLPL. Coincidentally, he served in that role for NVLX as well as well as all of the former subsidiaries and partners the firm used (the new Medical Marijuana Sciences subsidiary too). Recall that the predecessor to PLPL was Diamond Ranch, and Balabon was the RA there as well. Matula has served in I.R. roles for perpetual failures like VelaTel Global (VELA.PK).
10 Best Defense Stocks To Watch Right Now: Moog Inc (MOGA)
Moog Inc. (Moog), incorporated on August 1, 1951, is a designer, manufacturer and integrator of precision motion and fluid controls and systems for a range of applications in aerospace and defense and industrial markets. The Company operates in five segments: Aircraft Controls, Space and Defense Controls, Industrial Systems, Components and Medical Devices. Within the aerospace and defense market, its products and systems include military and commercial aircraft flight controls, thrust vector controls for space launch vehicles, controls for gun aiming, stabilization and automatic ammunition loading for armored combat vehicles, satellite positioning controls and controls for steering tactical and strategic missiles. In July 2012, it acquired American Pacific Corporation's In-Space Propulsion business. In August 2012, the Company acquired Tritech International Limited. In January 2013, the Company acquired Broad Reach Engineering Company. Effective March 21, 2013, the Company acquired Aspen Motion Technologies Inc. In July 2013, Moog Inc completed the sale of its Buffalo, New York operations of Ethox Medical to Dempsey Ventures.
Aircraft Controls
The Company designs, manufactures and integrates primary and secondary flight controls for military and commercial aircraft and provide aftermarket support. The Company systems are used in commercial transports, supersonic fighters, multi-role military aircraft, business jets and rotorcraft. The Company also supply ground-based navigation aids. During the fiscal year ended September 29, 2012 (fiscal 2012). The Company is working on several development programs, including the F-35 Joint Strike Fighter, Boeing 787 Dreamliner, COMAC C919, Airbus A350XWB, several business jet programs and a new military air refueling tanker KC-46. The F-35 flight test phase has expanded covering three variants and initial production is increasing with aircraft being delivered to international partners. The Company�� military production programs include th! e F/A-18E/F Super Hornet, the V-22 Osprey tiltrotor, the Black Hawk/Seahawk helicopter and the F-35. The Company�� commercial production programs include the full line of Boeing 7-series aircraft, Airbus A330 and a range of business jets.
The Company competes with Parker Hannifin, UTC (Goodrich, Hamilton Sundstrand), Liebherr, Nabtesco, Woodward Governor and Curtiss-Wright.
Space and Defense Controls
Space and Defense Controls provides controls for satellites and space vehicles, launch vehicles, armored combat vehicles, tactical and strategic missiles, security and surveillance and other defense applications. For commercial and military satellites, The Company design, manufacture and integrate propulsion systems and components (attitude control and orbit insertion) and actuation systems and components for deploying solar panels and antennae pointing. The Atlas, Delta and Ariane launch vehicle programs use its steering and propulsion controls. The Company is also developing products for NASA�� new Space Launch System.
The Company designs and builds steering and propulsion controls for tactical and strategic missile programs, including Hellfire, TOW and Trident. The Company supply valves and steering controls on the U.S. National Missile Defense Agency's Ballistic Missile Defense initiative. The Company designs and manufactures systems for gun aiming, stabilization, turrets, automatic ammunition loading and driver vision enhancement on armored combat vehicles for a range of international and United States customers. The Company designs, builds and integrate stores management systems for light attack aerial reconnaissance platforms. The Company also designs and builds high power, quiet controls for naval surface ship and submarine applications.
The Company competes with Honeywell, Parker Hannifin, Vacco, Valvetech, Marotta, SABCA, ESW, Aerojet, Snecma, Valcor, Aeroflex, UTC (Hamilton Sundstrand), Limitorque, Sargeant Industries, RVision! , Directe! d Perception, ATA Engineering, CDA InterCorp, RUAG, Rockwell Collins, Woodward Governor, Sierra-Nevada, Vicon, Videotec and Lord Corp.
Industrial Systems
Industrial Systems serves a global customer base across a range of markets. For wind energy, Industrial Systems serves a global customer base across a variety of markets. For wind energy, The Company designs and manufactures electric pitch controls and blade monitoring systems for wind turbines. The Company supply electromechanical motion simulation bases for the flight simulation and training markets. For the plastics making machinery market, the Company designs, manufactures and integrates systems for all axes of injection and blow molding machines. For the test markets, the Company supply controls for automotive, structural and fatigue testing.
The Company supply electromechanical motion simulation bases for the flight simulation and training markets. In the power generation market, the Company designs, manufactures and integrates complete control assemblies for fuel, steam and variable geometry control applications. For the test markets, the Company supply controls for automotive, structural and fatigue testing. Metal forming markets use its systems to provide precise control of position, velocity, force, pressure, acceleration and other critical parameters. Heavy industry uses its high precision electrical and hydraulic servovalves for steel and aluminum mill equipment. Other markets include oil exploration, material handling, auto racing, carpet tufting, paper and lumber mills.
The Company competes with Bosch Rexroth, Danaher, Baumueller, Siemens, SSB, Parker Hannifin, Suzhou ReEnergy, MTS Systems Corp., Exlar and Hydraudyne.
Components
The Components segment�� product categories are slip rings, fiber optic rotary joints and motors. Slip rings and fiber optic rotary joints use sliding contacts and optical technology to allow unimpeded rotation while delivering power ! and data ! through a rotating interface. They come in a range of sizes that allow them to be used in many applications, including diagnostic imaging computed tomography (CT) scan medical equipment featuring high-speed data communications, de-icing and data transfer for rotorcraft, forward-looking infrared camera installations, radar pedestals, satellites, missiles, wind turbines, surveillance cameras and remotely operated vehicles and floating platforms for offshore oil exploration.
The Company�� motors are used in an equally range of markets, many of which are the same as for slip rings. Components designs and manufactures a series of fractional horsepower brushless motors that provide extremely low acoustic noise and reliable long life operation, with the market being sleep apnea equipment. Industrial markets use its motors for material handling and electric pumps. Military applications use its motors for gimbals, missiles and radar pedestals. Components��other product lines include electromechanical actuators for military, aerospace and commercial applications, fiber optic modems that provide electrical-to-optical conversion of communication and data signals, avionic instrumentation, optical switches and resolvers.
The Company competes with Danaher, Allied Motion, Ametek, Woodward MPC, Axsys, Schleifring, Airflyte, Smiths, Kearfott and Stemmann.
Medical Devices
Medical Devices segment operates within four medical devices market areas: infusion therapy, enteral clinical nutrition, sensors and surgical hand pieces. For infusion therapy, its primary products are electronic ambulatory infusion pumps along with the associated administration sets. Applications of these products include hydration, nutrition, patient-controlled analgesia, local anesthesia, chemotherapy and antibiotics. The Company manufactures and distributes a complete line of portable pumps, stationary pumps and disposable sets that are used in the delivery of enteral nutrition for patients in ! their own! homes, hospitals and long-term care facilities. The Company manufactures and distributes ultrasonic and optical sensors used to detect air bubbles in infusion pump lines and ensure accurate fluid delivery. The Company�� surgical hand pieces are used to safely fragment and aspirate tissue in common medical procedures such as cataract removal.
The Company competes with B. Braun, CareFusion, Smiths Medical, Hospira, Alcon, Baxter International, CME, I-Flow, Covidien, Etalon, Introtek and Ross (Abbott).
Advisors' Opinion:- [By Seth Jayson]
Moog (NYSE: MOGA ) reported earnings on April 26. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 30 (Q2), Moog met expectations on revenues and beat expectations on earnings per share.
10 Best Defense Stocks To Watch Right Now: Lockheed Martin Corporation(LMT)
Lockheed Martin Corporation engages in the research, design, development, manufacture, integration, operation, and sustainment of advanced technology systems and products in the areas of defense, space, intelligence, homeland security, and government information technology in the United States and internationally. It also provides management, engineering, technical, scientific, logistic, and information services. The company operates in four segments: Aeronautics, Electronic Systems, Information Systems & Global Services (IS&GS), and Space Systems. The Aeronautics segment offers military aircraft, including combat and air mobility aircraft, unmanned air vehicles, and related technologies. Its products and programs comprise the F-35 multi-role, stealth fighter; the F-22 air dominance and multi-mission stealth fighter; the F-16 multi-role fighter; the C-130J tactical transport aircraft; and the C-5M strategic airlifter modernization program; and support for the P-3 maritime patrol aircraft, and the U-2 high-altitude reconnaissance aircraft. The Electronic Systems segment provides air and missile defense; tactical missiles; weapon fire control systems; surface ship and submarine combat systems; anti-submarine and undersea warfare systems; land, sea-based, and airborne radars; surveillance and reconnaissance systems; simulation and training systems; and integrated logistics and sustainment services. The IS&GS segment offers information technology solutions and advanced technology primarily in the areas of software and systems integration for space, air, and ground systems to various defense and civil government agencies. The Space Systems segment provides government and commercial satellites; strategic and defensive missile systems, including missile defense technologies and systems, and fleet ballistic missiles; and space transportation systems. Lockheed Martin Corporation was founded in 1909 and is based in Bethesda, Maryland.
Advisors' Opinion:- [By Rich Smith]
South Korea's upgrade program got under way last summer, when the country chose Britain's BAE Systems (NASDAQOTH: BAESY ) over Lockheed Martin (NYSE: LMT ) to serve as prime integrator in the project -- a surprising development, given that Lockheed built the planes in the first place.
- [By Rex Moore]
The recent Air & Space Conference near Washington, D.C., was an incredible display of some of the finest defense technologies in the world. Lockheed Martin (NYSE: LMT ) showed off several products, including a giant three-dimensional long-range radar system, which will be used by the Air Force for mobile, long-range surveillance and ballistic missile defense.
10 Best Defense Stocks To Watch Right Now: Esterline Technologies Corp (ESL)
Esterline Technologies Corporation (Esterline) is a manufacturing company serving aerospace and defense customers. The Company designs, manufactures and markets engineered products and systems. It operates in three segments: Avionics & Controls, Sensors & Systems, and Advanced Materials, including thermally engineered components and specialized elastomers and other complex materials, for aerospace and defense markets. Its products are mission-critical equipment, which have been designed into particular military and commercial platforms. It has divested non-core businesses operating as Pressure Systems, Inc., Muirhead Aerospace and Traxsys Input Products Limited. In July 2011, the Company acquired Souriau Group. In December 2013, the Company announced that it has completed acquisition of Joslyn Sunbank Company, LLC, a unit of Meggitt PLC.
Avionics & Controls
The Company�� Avionics & Controls business segment includes avionics systems, control systems, interface technologies and communication systems capabilities. Avionics systems designs and develops cockpit systems integration and avionics subsystems for commercial and military applications. Control systems designs and manufactures technology interface systems for military and commercial aircraft and land- and sea-based military vehicles. Interface technologies manufactures and develops custom control panels and input systems for medical, industrial, military and casino gaming industries. Communication systems designs and manufactures military audio and data products for severe battlefield environments. In addition, communication systems designs and manufactures secure voice and data switching systems for military airborne, ground-based, and shipboard applications. It is engaged in positioning systems (GPS), head-up displays, enhanced vision systems, and electronic flight management systems that are used in a range of control and display applications. In addition, it develops, manufactures and markets technology interface ! systems for commercial and military aircraft. These products include lighted push-button and rotary switches, keyboards, lighted indicators, panels and displays. Its products have been integrated into aircraft designs, including Boeing commercial aircraft platform in production. It manufactures control sticks, grips and wheels, as well as specialized switching systems. In this area, it serves commercial and military aviation, and airborne and ground-based military equipment manufacturing customers.
The Company�� products are incorporated in a range of platforms ranging from military helicopters, fighters and transports, to commercial wide- and narrow-body, regional and business jets. During fiscal year ended October 29, 2010 (fiscal 2010), its customers for these products included BAE Systems, The Boeing Company, Canadian Commercial Corp., Hawker Beechcraft, Honeywell, Hamilton Sunstrand, Lockheed Martin, Rockwell Collins, and Sikorsky. It is also a supplier in custom input integration with a range of keyboard, switch and input technologies for specialized medical equipment, communications systems and comparable equipment for military applications. These products include custom keyboards, keypads, and input devices that integrate cursor control devices, bar-code scanners, displays, video, and voice activation. It also produces instruments that are used for point-of-use and point-of-care in vivo diagnostics. It has developed a range of technologies, including plastic and vinyl membranes that protect high-use switches and fully depressible buttons, and backlit elastomer switch coverings that are resistant to exposure from harsh chemicals. During fiscal 2010, its customers for these products included Alere, Dictaphone, DRS Tactical Systems, General Electric, IDEXX Laboratories, Jabil Circuit, Philips, Roche, Siemens, and WMS.
The Company designs and manufactures military personal communication equipment, primarily headsets. It is a sole supplier of active noise reduction (ANR)! headsets! to the British Army�� tracked and wheeled vehicle fleets under the Bowman communication system program. In the United States, it supplies ANR headsets to the U.S. Army�� tracked and wheeled vehicle fleets under the vehicle intercom system (VIS) and VIS-X programs comprising over 200,000 vehicles, and it is supplier to the United States Marine Corps for their M-ATV fleet. It is ANR headset supplier to the Canadian Army. During fiscal 2010, its customers for these products included Northrop Grumman, Lockheed Martin, Simex Defense, Sanmina-SCI, and the British Ministry of Defence (MoD).
The Company competes with Astronautics, BAE, Bose, ELBIT, EMS, Eaton, GE Aerospace, Honeywell, IAI, L-3, Otto Controls, RAFI, Rockwell Collins, SELEX, Telephonics, Thales, Ultra Electronics, Universal Avionics Systems Corporation and Zodiac.
Sensors & Systems
The Company�� Sensors & Systems business segment includes power systems and advanced sensors capabilities. It develops and manufactures temperature, pressure and speed sensors, electrical power switching, control and data communication devices, and other related systems for aerospace and defense customers. It is a supplier of temperature probes for use on all versions of the General Electric/Snecma CFM-56 jet engine. The customers for its products in this business segment are jet engine manufacturers and airframe manufacturers. During fiscal 2010, some of its customers for these products included The Boeing Company, Bombardier, Dassault, Eurocopter, Flame, General Electric, Honeywell, Rolls Royce, and SAFRAN.
The Company competes with Ametek, Eaton, Goodrich, Hamilton Sundstrand, MPC Products, Meggitt, STPI-Deutsch, Tyco and Zodiac.
Advanced Materials
The Company�� Advanced Materials business segment includes engineered materials and defense technologies capabilities. It develops and manufactures elastomer products used in a range of commercial aerospace, space, and military appl! ications,! and engineered thermal components for commercial aerospace and industrial applications. It also develops and manufactures combustible ordnance and countermeasures for military applications. It specializes in the development of formulations for silicone rubber and other elastomer products. Its elastomer products are engineered to address specific customer requirements where high temperature, high pressure, caustic, abrasive and other difficult eis critical. These products include clamping devices, thermal fire barrier insulation products, sealing systems, tubing and coverings designed in custom-molded shapes. It is a the United States supplier of performance elastomer products to the aerospace industry, with its customers for these products being jet and rocket engine manufacturers, commercial and military airframe manufacturers, as well as commercial airlines. During fiscal 2010, its customers included Alliant Techsystems, The Boeing Company, Honeywell, KAPCO, Lockheed Martin, Northrop Grumman, and Pattonair. It also develops and manufactures lightweight metallic insulation systems for aerospace and marine applications. Its commercial aerospace programs include the 737, A320, and A380 series aircraft and the V2500 and BR710 engines. Its insulation material is used on diesel engine manifolds for earthmoving and agricultural applications. In addition, it specializes in the development of thermal protection for fire, nuclear, and petro-chemical industries. It designs and manufactures temperature components for industrial and marine markets. Its manufacturing processes consist of cutting, pressing, and welding stainless steel, Inconel and titanium fabrications. During fiscal 2010, its customers of these products included Airbus, The Boeing Company, Goodrich, GKN Aerospace, Northrop Grumman, Pattonair, Rolls Royce, Short Brothers, Spirit AeroSystems, and Volvo.
The Company develops and manufactures combustible ordnance and warfare countermeasure devices for military customers. It manufactures ! molded fi! ber cartridge cases, mortar increments, igniter tubes and other combustible ordnance components for the United States Department of Defense. It also monitors safety metrics to ensure compliance. It is a supplier of combustible casings utilized by the United States Armed Forces. These products include the combustible case for the United States Army�� new generation 155 millimeters Modular Artillery Charge System, the 120 millimeters combustible case used with the main armament system on the United States Army and Marine Corps��M1-A1/2 tanks, and the 60 millimeters, 81 millimeters and 120 millimeters combustible mortar increments. It is a supplier of United States Army of infrared decoy flares used by aircraft to help protect against radar and infrared guided missiles. In addition it is a supplier of infrared decoy flares to the MoD and other international defense agencies.
The Company competes with Chemring, Doncasters, Hitemp, J&M, JPR Hutchinson, Kmass, Dunlop Standard Aerospace Group, Rheinmetall, Trelleborg, ULVA and UMPCO.
Advisors' Opinion:- [By Ben Levisohn]
Since the initial drop, shares of United Tech have bounced back a bit. They’re down 0.8% at $106.93 at 12:03 p.m. That drop puts it out of step with other industrial stocks, which have been stronger today. General Electric (GE), for instance, has gained 1.1% to $24.16, Honeywell International (HON) has ticked up 0.2% to $83.19, Esterline (ESL) has risen 0.7% to $80.45 and Northrop Grumman (NOC) is up 0.6% at $95.87.
No comments:
Post a Comment