UNBELIEVABLE: 3 - The Untold Story

Aequs bags Airbus contract for 10 years

Aequs Private Limited, a Belagavi-based aerospace components manufacturer, has won a decade-long contract from Airbus Industries to supply critical components for A320, A330 Neo and A350 aircraft. The agreement reflects Airbus' Make in India drive and Aequs' robust Aerospace ecosystem. Aravind Melligeri, Aequs Chairman and CEO, expressed pride in the…

The Hindu · Nov 16, 2023

Up 73% in 2023, Can General Electric Stock Keep Rising?

General Electric stock has crushed the S&P 500 year-to-date, and gained 88% in the last 52 weeks. As the company prepares to spin off its renewable energy business, is it too late to buy the breakout in GE?

Barchart · Aug 10, 2023

3 Hot Industrial Picks for Mid-July

Despite the decline in industrial production, the industrial-machinery sector is well-positioned for long term growth thanks to the government’s push to boost domestic manufacturing, adoption of advanced technologies, and investments to overhaul infrastructure. To that end, it could be wise to buy fundamentally strong industrial stocks Honeywell International (HON), Howmet…

StockNews.com · Jul 18, 2023

Is This Industrial Stock Worth Adding to Your Watchlist?

While General Electric (GE) has impressed with its overall performance in the last reported quarter, its challenges on a few fronts merit a closer look at the stock. Read on….

StockNews.com · Jan 27, 2023

Debris from a Chinese space rocket is crashing toward Earth

Debris from a Chinese rocket is set to crash to Earth some time over the next few days, with the potential for wreckage to land across a wide swathe of the globe.

Tribune News Service · Jul 27, 2022

Protect Your Portfolio With These 5 Outperforming Aerospace & Defense Stocks

Increased global military spending and Biden's commitment to supporting Ukraine in the fight against Russia should benefit the aerospace & defense industry. Therefore, outperforming aerospace and defense stocks, L3Harris (LHX), Lockheed Martin (LMT), Northrop Grumman (NOC), Elbit Systems (ESLT), and General Dynamics (GD), could be solid investments.

StockNews.com · May 10, 2022

General Dynamics Beats Q1 Estimates, Clocks 8% Growth In Aerospace Backlog

General Dynamics Corp (NYSE:GD) reported first-quarter FY22 revenue of $9.4 billion, flat year-over-year, beating the consensus of $9 billion. Sales by segments: Aerospace $1.90 billion (+0.8% Y/Y), Marine Systems $2.65 billion (+6.8% Y/Y), Combat Systems $1.68 billion (-8% Y/Y) and Technologies $3.16 billion (-1.1% Y/Y). EPS increased by 5.2% Y/Y to $2.61, beating…

Benzinga · Apr 27, 2022

Astronics Registers Solid Bookings In Q4; Reveals Adverse Ruling In UK Patent Dispute

Astronics Corp (NASDAQ:ATRO) reported Q4 preliminary revenue of $116 million (+1.1% year-over-year) and preliminary bookings of $177 million (+52.6% Y/Y) for a book-to-bill of 1.5. The Q4 revenue included $99 million from the Aerospace segment and $17 million from the Test segment. Bookings for the Aerospace segment were ~$147 million, nearly…

Benzinga · Feb 8, 2022

Eaton Reports 6% Organic Sales Growth In Q4, Provides FY22 Guidance

Eaton Corp PLC (NYSE:ETN) reported fourth-quarter net sales growth of 2.4% year-over-year to $4.798 billion, missing the consensus of $4.90 billion. The sales increase consisted of 6% organic growth and 7% growth from acquisitions, offset by 10% from the divestiture of the Hydraulics business and 1% from unfavorable currency translation. Sales by segments:…

Benzinga · Feb 4, 2022

General Dynamics Clocks 1.8% Revenue Decline In Q4; Bottom-Line Tops Street View

General Dynamics Corp (NYSE:GD) reported a fourth-quarter FY21 revenue decline of 1.8% year-over-year to $10.29 billion, missing the consensus of $10.67 billion. Sales by segments: Aerospace $2.56 billion (+5.1% Y/Y), Marine Systems $2.87 billion (+0.5% Y/Y), Combat Systems $1.89 billion (-3.7% Y/Y) and Technologies $2.97 billion (-7.9% Y/Y). EPS declined by 2.9% Y/Y…

Benzinga · Jan 26, 2022