Production Programs, Contracts, and Acquisitions Boost Aerospace & Defense Margins - Research Report on Boeing, General Dynamics, Triumph Group, Embraer, and Teledyne Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, June 12, 2013 /PRNewswire/ --
Today, Wall Street Reports announced new research reports highlighting The Boeing Company (NYSE: BA), General Dynamics Corp. (NYSE: GD), Triumph Group, Inc. (NYSE: TGI), Embraer SA (NYSE: ERJ), and Teledyne Technologies Inc. (NYSE: TDY). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
The Boeing Company Research Report
On June 2, 2013, The Boeing Company (Boeing) announced that it has started final assembly of the first 787-9 Dreamliner, the newest member of the 787 family. Boeing reported that it will build the first three 787-9s on its Temporary Surge Line in Everett, Washington to pave way for smoother integration of the 787-9 into the production system while the Company ramps up the production of the 787 program. Mark Jenks, Vice President, 787 Airplane Development of Boeing Commercial Airplanes, commented, "From the start, the entire 787-9 team has focused relentlessly on execution so that we fulfill the commitments to our customers." Jenks continued, "Integrating the 787-9 into our production system on time is another clear sign that we are well prepared and well positioned for the work ahead." The Full Research Report on The Boeing Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/fc8f_BA]
General Dynamics Corp. Research Report
On June 4, 2013, General Dynamics Corp. (General Dynamics) announced that its business unit, General Dynamics Bath Iron Works, has been awarded a $2.8 billion contract by the US Navy. The business unit of General Dynamics will construct four Arleigh-Burke-class destroyers, with an option for a fifth ship. If the option of the fifth ship is exercised, the total value of the contract will amount to approximately $3.5 billion. Jeff Geiger, President of Bath Iron Works, stated, "This contract adds four ships to our workload in a fiscally challenging and highly competitive environment, and provides a clearer picture of our near-term future." Geiger added, "Continuation of the DDG 51 program provides important work for the men and women of Bath Iron Works and allows us to extend our record of delivering these critical surface combatants to the U.S. Navy." The Full Research Report on General Dynamics Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/3706_GD]
Triumph Group, Inc. Research Report
On June 7, 2013, Triumph Group, Inc. (Triumph Group) announced that its subsidiary, Triumph Aerostructures-Vought Aircraft division, has been selected by Embraer to design and to build the center fuselage section III, rear fuselage section, and various tail section components (rudder and elevator) of the second generation E-Jet family. Triumph Group reported that the contract is valued at approximately $1.7 billion over its lifetime. "This is a significant win for Triumph and expands our presence in the jet market. We have been working diligently on developing our relationship with Embraer and are extremely pleased to have been selected to build major structural components for their next-generation of jets. We look forward to supporting this program," said Jeffry D. Frisby, President and CEO of Triumph Group. The Full Research Report on Triumph Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/a47d_TGI]
Embraer SA Research Report
On June 7, 2013, Embraer SA (Embraer) announced the new suppliers for its second-generation E-Jets, whose commercial launch is expected in the year 2013. Zodiac Aerospace Group's Intertechnique will supply the systems for engine and APU fuel feed, pressure refueling, fuel transfer, fuel tank inerting and ventilation, and fuel gauging and control. Crane Aerospace & Electronics will supply the electronic control module for landing gear and its proximity sensors, as well as the proximity sensors for doors, landing gear and ground spoilers, along with the brake control systems, including the electronic control module and valves. Triumph Group, Inc. will supply fuselage segments, rudder and elevators, while Aernnova AEROSPACE S.A. will provide the vertical and horizontal stabilizers. The second-generation E-Jets are expected to go into service in 2018. The Full Research Report on Embraer SA - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/90ce_ERJ]
Teledyne Technologies Inc. Research Report
On May 13, 2013, Teledyne Technologies Inc. (Teledyne) announced that its subsidiary, Teledyne DALSA B.V. (Teledyne DALSA), has successfully completed the acquisition of Axiom IC B.V. (Axiom IC), a fabless semiconductor company that develops high-performance CMOS mixed-signal integrated circuits. Axiom IC is a Netherlands-based company which was founded in 2007 after its spin-off from the University of Twente. Robert Mehrabian, Teledyne's Chairman, President and CEO, said, "The acquisition of Axiom adds an innovative team of skilled engineers to Teledyne." Mehrabian continued, "While continuing to serve external customers, Axiom will provide additional resources to benefit both our digital imaging and electronic test & measurement instrumentation businesses." Brian Doody, CEO of Teledyne DALSA, explained, "Axiom's unique mixed-signal design expertise and experience represent a valuable strengthening of our design capabilities across the company, complementing our existing expertise in CMOS image sensor design, high voltage driver chips for MEMS, and embedded software development." The Full Research Report on Teledyne Technologies Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/03d7_TDY]
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