Still a Seller's Market in the Commercial Aerospace Sector: Expert Analyst Michael F. Ciarmoli Discusses His Outlook …

67 WALL STREET, New York - May 28, 2013 - The Wall Street Transcript has just published its Industrial Equipment, Aerospace and Defense Report offering a timely review of the sector to serious investors and industry executives. This special feature contains expert industry commentary through in-depth interviews with public company CEOs and Equity Analysts. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.

Topics covered: Commercial Aviation and Energy Expenditures - Industrial Restructuring - Emerging Markets Penetration - Heightened M&A Activity - Defense Budget Uncertainty - Capital Equipment Technology Investing

Companies include: Boeing Co. (BA), Lockheed Martin Corporation (LMT), BE Aerospace Inc. (BEAV), Triumph Group Inc. (TGI), Rockwell Collins Inc. (COL), Spirit AeroSystems Holdings In (SPR), Precision Castparts Corp. (PCP), TransDigm Group Incorporated (TDG), Alliant Techsystems Inc. (ATK), Orbital Sciences Corp. (ORB) and many more.

In the following excerpt from the Industrial Equipment, Aerospace and Defense Report, an expert analyst discusses the outlook for the sector for investors:

TWST: Are you expecting M&A activity in the commercial aerospace space?

Mr. Ciarmoli: We are, and we have been seeing elevated M&A there as well. Companies like Precision Castparts, TransDigm (TDG), Triumph Group have all been pretty active. It still is very much a seller's market.

Again, going back to the end-market drivers, the health of the market is very good, so the prices that are being asked tend to be pretty rich, in the 10- to 12-times EBITDA range. That is causing some hesitation for some potential acquirers out there, but overall we do expect to see continued consolidation in this market. I think that trend will continue.

In terms of opportunities for investors, probably not too many U.S. publicly traded companies would be out there on the hit list. I get the sense it's going to be a lot of smaller, private companies or international companies that would be the targets of consolidation.

TWST: Did anything in particular stand out for you from the most recent quarterly earnings calls; any particular themes or a tone among management comments?

Mr. Ciarmoli: There are a couple of big trends in commercial aerospace centered upon bullish optimism toward production, and what I will call some hesitation on the aftermarket side. We discussed earlier the bullish optimism on OE production, but there are some underlying trends that are getting talked about that are really having an impact on aftermarket and OE production.

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Still a Seller's Market in the Commercial Aerospace Sector: Expert Analyst Michael F. Ciarmoli Discusses His Outlook ...

Bullish Optimism Toward Commercial Aerospace Production, Hesitation on the Aftermarket Side: Expert Analyst Michael F …

67 WALL STREET, New York - May 28, 2013 - The Wall Street Transcript has just published its Industrial Equipment, Aerospace and Defense Report offering a timely review of the sector to serious investors and industry executives. This special feature contains expert industry commentary through in-depth interviews with public company CEOs and Equity Analysts. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.

Topics covered: Commercial Aviation and Energy Expenditures - Industrial Restructuring - Emerging Markets Penetration - Heightened M&A Activity - Defense Budget Uncertainty - Capital Equipment Technology Investing

Companies include: Boeing Co. (BA), Lockheed Martin Corporation (LMT), BE Aerospace Inc. (BEAV), Triumph Group Inc. (TGI), Rockwell Collins Inc. (COL), Spirit AeroSystems Holdings In (SPR), Precision Castparts Corp. (PCP), TransDigm Group Incorporated (TDG), Alliant Techsystems Inc. (ATK), Orbital Sciences Corp. (ORB) and many more.

In the following excerpt from the Industrial Equipment, Aerospace and Defense Report, an expert analyst discusses the outlook for the sector for investors:

TWST: Are you expecting M&A activity in the commercial aerospace space?

Mr. Ciarmoli: We are, and we have been seeing elevated M&A there as well. Companies like Precision Castparts, TransDigm (TDG), Triumph Group have all been pretty active. It still is very much a seller's market.

Again, going back to the end-market drivers, the health of the market is very good, so the prices that are being asked tend to be pretty rich, in the 10- to 12-times EBITDA range. That is causing some hesitation for some potential acquirers out there, but overall we do expect to see continued consolidation in this market. I think that trend will continue.

In terms of opportunities for investors, probably not too many U.S. publicly traded companies would be out there on the hit list. I get the sense it's going to be a lot of smaller, private companies or international companies that would be the targets of consolidation.

TWST: Did anything in particular stand out for you from the most recent quarterly earnings calls; any particular themes or a tone among management comments?

Mr. Ciarmoli: There are a couple of big trends in commercial aerospace centered upon bullish optimism toward production, and what I will call some hesitation on the aftermarket side. We discussed earlier the bullish optimism on OE production, but there are some underlying trends that are getting talked about that are really having an impact on aftermarket and OE production.

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Bullish Optimism Toward Commercial Aerospace Production, Hesitation on the Aftermarket Side: Expert Analyst Michael F ...

Momentum in the Commercial Aerospace Market as Defense Takes on Sequestration and Other Budget Challenges: Expert …

67 WALL STREET, New York - May 28, 2013 - The Wall Street Transcript has just published its Industrial Equipment, Aerospace and Defense Report offering a timely review of the sector to serious investors and industry executives. This special feature contains expert industry commentary through in-depth interviews with public company CEOs and Equity Analysts. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.

Topics covered: Commercial Aviation and Energy Expenditures - Industrial Restructuring - Emerging Markets Penetration - Heightened M&A Activity - Defense Budget Uncertainty - Capital Equipment Technology Investing

Companies include: Boeing Co. (BA), Lockheed Martin Corporation (LMT), BE Aerospace Inc. (BEAV), Triumph Group Inc. (TGI), Rockwell Collins Inc. (COL), Spirit AeroSystems Holdings In (SPR), Precision Castparts Corp. (PCP), TransDigm Group Incorporated (TDG), Alliant Techsystems Inc. (ATK), Orbital Sciences Corp. (ORB) and many more.

In the following excerpt from the Industrial Equipment, Aerospace and Defense Report, an expert analyst discusses the outlook for the sector for investors:

TWST: Are there any particular names that stand to benefit the most from the new aircraft production?

Mr. Ciarmoli: We've been highlighting our top three ideas for 2013, all of which are "buy"-rated: B/E Aerospace (BEAV), Triumph Group (TGI) and Rockwell Collins (COL). We've tried to find companies that have significantly more exposure to the commercial aerospace build cycle; that is, Boeing, Airbus, Bombardier (BBD-A.TO) related revenues, and a lower mix of aftermarket revenues, which tend to be a little bit more shorter-cycle, unpredictable and do move with the general economy.

Many commercial aerospace companies do have content on military platforms, so we've tried to identify companies that have as little as possible exposure to the overall defense sector. The best case is B/E Aerospace. We've also talked a lot about Spirit AeroSystems (SPR), another "buy"-rated name, a commercial aerospace pure play basically leveraged solely to Boeing. But those are the big ideas that we've been pushing all year, and we continue to like those names. They have performed well year to date, and we expect them to continue to trend higher.

TWST: I was going to ask you what your favorite names are. Are there any others you would call attention to?

Mr. Ciarmoli: Within commercial aerospace, it would be those four. We also recently upgraded Precision Castparts (PCP) to "buy," probably one of the higher-quality management teams, one of the more unique and differentiated business models in the sector. It's a larger-cap name, $27 billion market cap, but when we're looking at this mix of which companies are leveraged to the OE production cycle, we really do favor Precision Castparts' end-market profile: A lot of exposure to the Boeing 787, roughly $12 million of content, so as that platform begins to ramp up to 10 per month in the latter portion of 2013 and into 2014, we see PCP being a big beneficiary...

For more of this interview and many others visit the Wall Street Transcript - a unique service for investors and industry researchers - providing fresh commentary and insight through verbatim interviews with CEOs, portfolio managers and research analysts. This special issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.

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Momentum in the Commercial Aerospace Market as Defense Takes on Sequestration and Other Budget Challenges: Expert ...

B/E Aerospace (BEAV), Triumph Group (TGI) and Rockwell Collins (COL) Stand Out With Significant Exposure to the …

67 WALL STREET, New York - May 28, 2013 - The Wall Street Transcript has just published its Industrial Equipment, Aerospace and Defense Report offering a timely review of the sector to serious investors and industry executives. This special feature contains expert industry commentary through in-depth interviews with public company CEOs and Equity Analysts. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.

Topics covered: Commercial Aviation and Energy Expenditures - Industrial Restructuring - Emerging Markets Penetration - Heightened M&A Activity - Defense Budget Uncertainty - Capital Equipment Technology Investing

Companies include: Boeing Co. (BA), Lockheed Martin Corporation (LMT), BE Aerospace Inc. (BEAV), Triumph Group Inc. (TGI), Rockwell Collins Inc. (COL), Spirit AeroSystems Holdings In (SPR), Precision Castparts Corp. (PCP), TransDigm Group Incorporated (TDG), Alliant Techsystems Inc. (ATK), Orbital Sciences Corp. (ORB) and many more.

In the following excerpt from the Industrial Equipment, Aerospace and Defense Report, an expert analyst discusses the outlook for the sector for investors:

TWST: Are there any particular names that stand to benefit the most from the new aircraft production?

Mr. Ciarmoli: We've been highlighting our top three ideas for 2013, all of which are "buy"-rated: B/E Aerospace (BEAV), Triumph Group (TGI) and Rockwell Collins (COL). We've tried to find companies that have significantly more exposure to the commercial aerospace build cycle; that is, Boeing, Airbus, Bombardier (BBD-A.TO) related revenues, and a lower mix of aftermarket revenues, which tend to be a little bit more shorter-cycle, unpredictable and do move with the general economy.

Many commercial aerospace companies do have content on military platforms, so we've tried to identify companies that have as little as possible exposure to the overall defense sector. The best case is B/E Aerospace. We've also talked a lot about Spirit AeroSystems (SPR), another "buy"-rated name, a commercial aerospace pure play basically leveraged solely to Boeing. But those are the big ideas that we've been pushing all year, and we continue to like those names. They have performed well year to date, and we expect them to continue to trend higher.

TWST: I was going to ask you what your favorite names are. Are there any others you would call attention to?

Mr. Ciarmoli: Within commercial aerospace, it would be those four. We also recently upgraded Precision Castparts (PCP) to "buy," probably one of the higher-quality management teams, one of the more unique and differentiated business models in the sector. It's a larger-cap name, $27 billion market cap, but when we're looking at this mix of which companies are leveraged to the OE production cycle, we really do favor Precision Castparts' end-market profile: A lot of exposure to the Boeing 787, roughly $12 million of content, so as that platform begins to ramp up to 10 per month in the latter portion of 2013 and into 2014, we see PCP being a big beneficiary...

For more of this interview and many others visit the Wall Street Transcript - a unique service for investors and industry researchers - providing fresh commentary and insight through verbatim interviews with CEOs, portfolio managers and research analysts. This special issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.

Continued here:

B/E Aerospace (BEAV), Triumph Group (TGI) and Rockwell Collins (COL) Stand Out With Significant Exposure to the ...

Commercial Aerospace Continues Improving Fundamentals as Defense Faces Sequestration: A Wall Street Transcript …

67 WALL STREET, New York - May 28, 2013 - The Wall Street Transcript has just published its Industrial Equipment, Aerospace and Defense Report offering a timely review of the sector to serious investors and industry executives. This special feature contains expert industry commentary through in-depth interviews with public company CEOs and Equity Analysts. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.

Topics covered: Commercial Aviation and Energy Expenditures - Industrial Restructuring - Emerging Markets Penetration - Heightened M&A Activity - Defense Budget Uncertainty - Capital Equipment Technology Investing

Companies include: Boeing Co. (BA), Lockheed Martin Corporation (LMT), BE Aerospace Inc. (BEAV), Triumph Group Inc. (TGI), Rockwell Collins Inc. (COL), Spirit AeroSystems Holdings In (SPR), Precision Castparts Corp. (PCP), TransDigm Group Incorporated (TDG), Alliant Techsystems Inc. (ATK), Orbital Sciences Corp. (ORB) and many more.

In the following excerpt from the Industrial Equipment, Aerospace and Defense Report, an expert analyst discusses the outlook for the sector for investors:

TWST: Are there any particular names that stand to benefit the most from the new aircraft production?

Mr. Ciarmoli: We've been highlighting our top three ideas for 2013, all of which are "buy"-rated: B/E Aerospace (BEAV), Triumph Group (TGI) and Rockwell Collins (COL). We've tried to find companies that have significantly more exposure to the commercial aerospace build cycle; that is, Boeing, Airbus, Bombardier (BBD-A.TO) related revenues, and a lower mix of aftermarket revenues, which tend to be a little bit more shorter-cycle, unpredictable and do move with the general economy.

Many commercial aerospace companies do have content on military platforms, so we've tried to identify companies that have as little as possible exposure to the overall defense sector. The best case is B/E Aerospace. We've also talked a lot about Spirit AeroSystems (SPR), another "buy"-rated name, a commercial aerospace pure play basically leveraged solely to Boeing. But those are the big ideas that we've been pushing all year, and we continue to like those names. They have performed well year to date, and we expect them to continue to trend higher.

TWST: I was going to ask you what your favorite names are. Are there any others you would call attention to?

Mr. Ciarmoli: Within commercial aerospace, it would be those four. We also recently upgraded Precision Castparts (PCP) to "buy," probably one of the higher-quality management teams, one of the more unique and differentiated business models in the sector.

It's a larger-cap name, $27 billion market cap, but when we're looking at this mix of which companies are leveraged to the OE production cycle, we really do favor Precision Castparts' end-market profile: A lot of exposure to the Boeing 787, roughly $12 million of content, so as that platform begins to ramp up to 10 per month in the latter portion of 2013 and into 2014, we see...

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Commercial Aerospace Continues Improving Fundamentals as Defense Faces Sequestration: A Wall Street Transcript ...

Confederation College – Aerospace Manufacturing program Promo – Video


Confederation College - Aerospace Manufacturing program Promo
Learn how to design and build aircraft and more. A great background for a wide variety of design and manufacturing industries. For more information, visit http://www.confederationc.on.ca/aerospace-mfg.

By: confederationcollege

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Confederation College - Aerospace Manufacturing program Promo - Video

ST Aerospace wins MRO Service Provider of the Year Awards

Singapore, 27 May 2013 ST Aerospace added a feather to its cap by winning two industry coveted awards namely, LIMA 2013 ASEAN Airframe MRO Service Provider of the Year' and 'Aircraft Technology Engineering & Maintenance (ATE&M) Best Asia Airframe MRO Provider of the Year'.

"Receiving these two industry accolades is a great honour for ST Aerospace. They bear testament to our commitment to provide best-in-class services to our customers. The awards also recognise the dedication of the 9,000 employees who formed the backbone of a successful business, anchored on quality, safety and service excellence. We would like to thank the ACA and ATE&M award organisers for according us these prestigious awards. We are also grateful to our customers and partners for their vote of confidence in us." ~ CHANG Cheow Teck, President, ST Aerospace

The inaugural ASEAN Commercial Aviation (ACA) Awards, organised in conjunction with LIMA 2013, aims to recognise and honour outstanding achievements by the ASEAN commercial aviation fraternity for 2012. The awards also intend to capture the spirit of leadership and innovation that inspires significant, broad-reaching progress in aviation.

In winning the 'ASEAN Airframe MRO Service Provider of the Year' award, ST Aerospace was commended for its strong market leader position in the ASEAN region, and its outstanding financial performance in 2012, against a continuously challenging aviation landscape.

The ATE&M Best Asia Airframe MRO Provider of the Year' award was accorded through a democratic process where outstanding MRO companies were nominated and underwent a two-month rigorous voting across the aviation industry.

ST Aerospace (Singapore Technologies Aerospace Ltd) is the aerospace arm of ST Engineering. Operating a global MRO network with facilities and affiliates in the Americas, Asia Pacific and Europe, it is the worlds largest commercial airframe MRO provider with a global customer base that includes leading airlines, airfreight and military operators. ST Aerospace is an integrated service provider that offers a spectrum of maintenance and engineering services that include airframe, engine and component maintenance, repair and overhaul; engineering design and technical services; and aviation materials and management services, including Total Aviation Support. ST Aerospace has a global staff strength of more than 9,000 engineers and technical specialists. Please visit http://www.staero.aero.

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ST Aerospace wins MRO Service Provider of the Year Awards

Analysis of Global RFID in Aerospace and Defense Market

NEW YORK, May 28, 2013 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

Analysis of Global RFID in Aerospace and Defense Market

http://www.reportlinker.com/p01201740/Analysis-of-Global-RFID-in-Aerospace-and-Defense-Market.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Aerospace_and_Defense

Department of Defense Mandate and the Standardization of Technology will Drive Growth

This study analyzes the current and future trends in global Radio Frequency Identification (RFID) in the aerospace and defense market. RFID solutions are projected to be used across various aerospace and defense applications. This study focuses on the trends, challenges, and factors that drive market growth. Also included are products, vertical and regional market analyses, and a competitive analysis. As this is an emerging application, suppliers' initiatives are discussed, and a list of key market participants and their respective market rankings are included. This research service provides the necessary business intelligence to accelerate growth in a fast-paced market.

Executive Summary

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Analysis of Global RFID in Aerospace and Defense Market

Precision Aerospace Components, Inc. Celebrates One Year Anniversary of the Fastener Distribution and Marketing …

BENSALEM, PA--(Marketwired - May 28, 2013) - Precision Aerospace Components, Inc. (OTCQB: PAOS) is a one-stop source for standard, self-locking, semi-special and special nuts, bolts and washers, manufactured to several military, aerospace and industrial specifications. The Company maintains an inventory of approximately 44,000 SKUs comprised of approximately 65 million parts of premium quality, brand-name fastener products.

On May 25, 2012, Precision Aerospace Components, Inc. completed its acquisition of the assets of Fastener Distribution and Marketing Company, Inc., which included Aero-Missile Components, Inc. and Creative Assembly Systems, Inc.

Aero-Missile Components, founded in 1986, is a recognized leader in the military and aerospace fastener fields, supporting many government agencies along with prime contractors and their subcontractors. Aero-Missile Components has been named the Master Distributor by SPS Technologies for its FLEXLOC Locknut product line toward the end of last year. The FLEXLOC Locknut is a premium locknut line used in military, aerospace and industrial applications. Creative Assembly Systems offers a full line of industrial products, specializing in fasteners required for production and production support products, including cutting tools, abrasives, lubricants, sealants, safety supplies and storage equipment.

"The acquisition of Fastener Distribution and Marketing Company, which we completed almost one year ago today, provided Precision Aerospace Components with two very valuable operations which were complimentary to our existing operations," stated Andy Prince, President and CEO of Precision Aerospace Components. "Both of these businesses have been successfully integrated into our ongoing business operations and have made significant contributions to our top and bottom lines. We have also gained another significant benefit from this transaction in that they have helped us gain access to a wide variety of new customer opportunities. We will continue to look at other acquisitions which would be a good strategic fit for our current operations."

About Precision Aerospace Components Inc. (OTCQB: PAOS): The Company's operations are carried out through its wholly-owned distribution subsidiaries. Aero-Missile Components, Inc. and Freundlich Supply Company, Inc. sell high technology, specially engineered fasteners, nuts and bolts to the aviation industry, original equipment manufacturers, maintenance and repair organizations, distributors and the United States Department of Defense. Creative Assembly Systems, Inc. is a value added distributor of proprietary and specialty fasteners used in specialized manufacturing, primarily serving the heavy truck, automotive, appliance, and material handling industries. Tiger-Tight Corp., the exclusive North American master distributor of the Tiger-Tight locking washer. Tiger-Tight washers are used in demanding vibration applications and have significant advantages in comparison to competitive products. Tiger-Tight products are being used aboard the SpaceX Dragon -- the first civilian space craft to dock and return from the International Space Station. For more information visit http://precisionaerospacecomponents.com.

Forward Looking Statement: This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to trends in the domestic and global economy, our ability to attract new and retain existing customer relationships, acquisitions and integration of acquired entities, availability of capital to support our operations and acquisition strategy, our ability to maintain and improve accounting information systems in a manner sufficient to service our revenues and operating locations, outcomes of legal proceedings, competition, management of growth, potential fluctuations in operating results, and government regulation. More information about factors that potentially could affect Precision Aerospace Components, Inc. financial results is included in Precision Aerospace Components, Inc. filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent filings.

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Precision Aerospace Components, Inc. Celebrates One Year Anniversary of the Fastener Distribution and Marketing ...

AEROSPACE POWER – Fighter Aircraft of the USAF | Air Force Video 1977 – Video


AEROSPACE POWER - Fighter Aircraft of the USAF | Air Force Video 1977
AEROSPACE POWER - Fighter Aircraft of the USAF | Air Force Video 1977 - This film covers activities in research and development tests, evaluation, and procurement during 1977.

By: Bright Enlightenment

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AEROSPACE POWER - Fighter Aircraft of the USAF | Air Force Video 1977 - Video