The Industrials sector includes companies that manufacture and distribute capital goods in support of industries such
as aerospace and defense, construction and engineering, and electrical equipment and heavy machinery.
«We need to have projects that have material properties that can meet the necessary requirements, that can be repeatable, and that can be identical from machine to machine, day to day — especially in demanding industries such
as aerospace and defense.»
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements
and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business
and execute our growth strategy, including the timing, execution,
and profitability of new
and maturing programs; 2) our ability to perform our obligations under our new
and maturing commercial, business aircraft,
and military development programs,
and the related recurring production; 3) our ability to accurately estimate
and manage performance, cost,
and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures
and the potential for additional forward losses on new
and maturing programs; 5) our ability to accommodate,
and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand
and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market
and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals
as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries
and markets in which we operate in the U.S.
and globally
and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success
and timely execution of key milestones such
as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco,
and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing
and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing
and Airbus,
and other customers,
and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's
and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets
and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial
aerospace original equipment manufacturers
and other aerostructures suppliers; 19) the effect of governmental laws, such
as U.S. export control laws
and U.S.
and foreign anti-bribery laws such
as the Foreign Corrupt Practices Act
and the United Kingdom Bribery Act,
and environmental laws
and agency regulations, both in the U.S.
and abroad; 20) the effect of changes in tax law, such
as the effect of The Tax Cuts
and Jobs Act (the «TCJA») that was enacted on December 22, 2017,
and changes to the interpretations of or guidance related thereto,
and the Company's ability to accurately calculate
and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers,
as well
as the cost
and availability of raw materials
and purchased components; 23) our ability to recruit
and retain a critical mass of highly - skilled employees
and our relationships with the unions representing many of our employees; 24) spending by the U.S.
and other governments on
defense; 25) the possibility that our cash flows
and our credit facility may not be adequate for our additional capital needs or for payment of interest on,
and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims,
and regulatory actions; 30) exposure to potential product liability
and warranty claims; 31) our ability to effectively assess, manage
and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business
and generate synergies
and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships
and other business disruptions for ourselves
and Asco
as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws,
and domestic
and foreign government policies;
and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
Areas where positions are available: The
aerospace and defense company is hiring across its global network in areas such
as engineering, advanced manufacturing, engine assembly, field service, program management, quality
and supply chain management.
PARIS, May 3 - France's Thales posted a 7.2 percent underlying rise in first - quarter sales on Thursday
as growth in
defense and transport systems offset a slight dip in
aerospace revenues.
Such risks, uncertainties
and other factors include, without limitation: (1) the effect of economic conditions in the industries
and markets in which United Technologies
and Rockwell Collins operate in the U.S.
and globally
and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates
and foreign currency exchange rates, levels of end market demand in construction
and in both the commercial
and defense segments of the
aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions
and natural disasters
and the financial condition of our customers
and suppliers; (2) challenges in the development, production, delivery, support, performance
and realization of the anticipated benefits of advanced technologies
and new products
and services; (3) the scope, nature, impact or timing of acquisition
and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses
and realization of synergies
and opportunities for growth
and innovation; (4) future timing
and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition,
and capital spending
and research
and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit
and factors that may affect such availability, including credit market conditions
and our capital structure; (6) the timing
and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions
and the level of other investing activities
and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays
and disruption in delivery of materials
and services from suppliers; (8) company
and customer - directed cost reduction efforts
and restructuring costs
and savings
and other consequences thereof; (9) new business
and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification
and balance of operations across product lines, regions
and industries; (12) the outcome of legal proceedings, investigations
and other contingencies; (13) pension plan assumptions
and future contributions; (14) the impact of the negotiation of collective bargaining agreements
and labor disputes; (15) the effect of changes in political conditions in the U.S.
and other countries in which United Technologies
and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies
and currency exchange rates in the near term
and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to
as the Tax Cuts
and Jobs Act of 2017), environmental, regulatory (including among other things import / export)
and other laws
and regulations in the U.S.
and other countries in which United Technologies
and Rockwell Collins operate; (17) the ability of United Technologies
and Rockwell Collins to receive the required regulatory approvals (
and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger)
and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies»
and / or Rockwell Collins» common stock
and / or on their respective financial performance; (20) risks related to Rockwell Collins
and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs
and / or unknown liabilities; (22) risks associated with third party contracts containing consent
and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings;
and (24) the ability of United Technologies
and Rockwell Collins, or the combined company, to retain
and hire key personnel.
«It is possible that the acquisition of COL is the first step in separating UTX into two entities: a Commercial Operation
and a
Defense and Aerospace Group,» Howard Rubel, equity analyst at Jefferies, said in a note last week
as speculation about a deal being struck by the two companies increased.
Phillips» story would be repeated again
and again
as the AP spoke to officials from the National
Defense University in Washington to the North American
Aerospace Defense Command in Colorado.
Big
defense and aerospace contractors like Boeing (ba), Northrup Grumman (noc)
and Lockheed Martin (lmt) could see more business
as well.
On Friday, while the broader stock market
as measured by the S&P 500 index remained largely flat, the S&P
Aerospace and Defense Select Industry Index fell roughly 1.3 %.
The company's share price has climbed steadily over the course of the year, a trend lofted by expectations of increased
defense spending under the new administration
as well
as strong demand for its Pratt & Whitney jet engines
and other
aerospace parts.
Excelitas makes products such
as light - emitting diodes (LEDs)
and flash lamps which are used in applications ranging from medical lighting to
aerospace and defense equipment.
The
Aerospace Industries Association, a trade organization for the aerospace and defense industry, recognizes this challenge: the AIA's Commission on the Future of the U.S. Aerospace Industry recommends «that the nation immediately reverse the decline in, and promote the growth of, a scientifically and technologically trained U.S. aerospace workforce,» adding that «the breakdown of America's intellectual and industrial capacity is a threat to national security and our capability to continue as a world leade
Aerospace Industries Association, a trade organization for the
aerospace and defense industry, recognizes this challenge: the AIA's Commission on the Future of the U.S. Aerospace Industry recommends «that the nation immediately reverse the decline in, and promote the growth of, a scientifically and technologically trained U.S. aerospace workforce,» adding that «the breakdown of America's intellectual and industrial capacity is a threat to national security and our capability to continue as a world leade
aerospace and defense industry, recognizes this challenge: the AIA's Commission on the Future of the U.S.
Aerospace Industry recommends «that the nation immediately reverse the decline in, and promote the growth of, a scientifically and technologically trained U.S. aerospace workforce,» adding that «the breakdown of America's intellectual and industrial capacity is a threat to national security and our capability to continue as a world leade
Aerospace Industry recommends «that the nation immediately reverse the decline in,
and promote the growth of, a scientifically
and technologically trained U.S.
aerospace workforce,» adding that «the breakdown of America's intellectual and industrial capacity is a threat to national security and our capability to continue as a world leade
aerospace workforce,» adding that «the breakdown of America's intellectual
and industrial capacity is a threat to national security
and our capability to continue
as a world leader.»
Prior to joining Oberon, Walter led the investment banking
and equity capital markets activities for Academy Securities, a certified service - disabled, veteran - owned small business investment banking firm; co-founded Focus Capital, a boutique advisory
and consulting firm;
and led Macquarie's U.S.
Aerospace,
Defense, Security & Safety
and CleanTech advisory practices where he also served
as interim head of U.S. Equity Capital Markets.
I also recommend investors avoid SPDR S&P
Aerospace &
Defense ETF [s: XAR], which gets my Dangerous rating
and has TXT
as its largest holding.
Slingshot
Aerospace is using artificial intelligence to provide detailed reports about the earth to industries such
as Defense, insurance,
and energy.
By securing this agreement we will strengthen our position
as a leader in
aerospace and the
defense industry fields for many, many years to come.»
Our clients include leading media, publishing
and information services companies,
as well
as enterprises that are prominent in information technology, manufacturing,
aerospace,
defense, financial services, government, healthcare,
and law.
Some of the best values in the vice sphere are in the «merchant of death» category,
and the next stock is one that I covered in «Five Smart Money Dividend Stocks»
as a stock owned by Magic Formula guru Joel Greenblatt:
defense and aerospace firm Northrop Grumman Corporation ($ NOC).
However,
as those wars have wound down, new contracts have slowed (25 % reduction in
defense spending between 2008
and 2015, according to research from Morningstar), making General Dynamics more reliant on its commercial
aerospace segment.
Shareholders of record
as of June 5 will receive dividends from the global
aerospace and defense company on June 21.
In
aerospace it was really
Defense Modeling
and Simulation Office (DMSO)(followed by organizations like AIAA
and ASME)
and users of model results that pushed for such standards
and that drove the community; it wasn't much of a grass - roots thing from the model building community
as far
as I can tell.
She has experience with preparing
and prosecuting both domestic
and foreign patents in such sectors
as medical devices, aviation systems,
aerospace and defense components, smoking
and tobacco products, industrial
and consumer products, computer hardware, software, telecommunications, computer networking,
and imaging technologies.
Nichols, who has spent the past 12 years
as a private practitioner in the government contracts field, will work on regulatory
and litigation matters involving government procurement related to
defense and aerospace, large - scale construction,
and internal development.
After seven years
as principal in - house legal adviser for trade compliance at Thales USA, Inc., an
aerospace and defense company, JOHN PISA - RELLI is joining Fried, Frank, Harris, Shriver & Jacobson.
Our clients include insurers, financial institutions, investment companies, mutual funds, underwriters, broker - dealers
as well
as in industries
as diverse
as energy, e-commerce, communications, retail, franchising, manufacturing, hospitality, health care, mining
and aerospace and defense.
Mr. Lynch has assisted with deals involving businesses across various industries, such
as food
and beverages, commercial explosives, waste hauling, pharmaceuticals, manufacturing,
aerospace,
and defense.
She previously served
as Vice President
and Chief Compliance Officer of Northrop Grumman Corporation, a $ 24B
aerospace and defense company with 65,000 employees worldwide.
Focused on cross-brand, large - deal ($ 1M +) sales execution
and strategic agreements for
aerospace and defense system integrators
as well
as federal civilian, DHS, DoD
and IC agencies.
Skill Summary: * Three years of manufacturing experience in the
Aerospace /
Defense,
and Commercial Kitchen Industries working directly with industry equipment such
as Printed Circuit Boards
and RF Radios.
Well established reputation
as a dedicated team leader
and technical project manager with experience in
aerospace,
defense and medical device industry.
Since then, it has become widely recognized
and used by all government agencies in the area
as a forum for interaction with the
aerospace,
defense,
and national security industries.
Summary of Qualifications * More than 10 years of overall experience working
as a proposal coordinator, administrator, desktop publisher, document specialist, writer, editor,
and proposal development center manager for private sector government contracting businesses in the
defense,
aerospace, engineering, information technology, transportation,
and telecommunications industries * Extensive experience in every aspect of the...
Participated in several engineering efforts for
Aerospace, Department of
Defense, Biomedical Engineering, Broadcast Communications, ISO 9001 regulated environments,
as well
as the Media
and Entertainment Business environment QA Expertise: * Motivated
and dedicated Software Quality Assurance
and Testing Professional * Excellent verbal
and written communication skills * Participated in test executions, requirements analysis, configurations of complex software / firmware
and systems in a variety of environments * Experience in creating QA Procedures
and metrics, establishing QA Standards, proficient in writing Test Plans, Use Cases,
and Test Cases for manual tests
and automation * Experience in executing SQL command scripts for Data Validation * Solved mission critical customer related issues
and helped organizations solve several complex engineering anomalies * Great exposure related to testing on Web / Windows based, Business Class multi-user client server application software
and Back End system validation * Ability to work independently or in a team environment
and capable of establishing rapport with a variety of diverse functional working groups
With the economy taking a turn, there were not
as many opportunities in the
aerospace and defense contracting business, leading Adam to partner up with his father, a real estate professional with 15 years of experience.