investingfromtheright

I am retired and take educated guesses on all things financial.

July 20, 2007

July 21, 2007: Aero Defense notes




picture: just another Airbus crash



There is a lot of action in the aero defense and commercial aviation industries.

AH announced a $525m 1170-vehicle MRAP order. Vehicles will be delivered by February 2008. Also, AH-BAE deal received HSR approval.

EDO received a $201m CREW award for 3,000 systems.

IAP worlwide has protested the Army LOGCAP IV awards.

GD has protested the Army Warfighter FOCUS award given to RTN.

ERJ is reported to be considering making larger jets to compete with Boeing and Airbus.

Airbus workers in Germany protested against planned factory sales. Rumor has it they would be forced to actually work and turn a profit for new owners. Still, fourteen companies are interested in the Airbus factory-from-hell acquisition scheme.

BA is in talks with VSMPO to extend Titanium supplies through 2015. This could provide a buying opportunity for VSMPO shares.

Cessna will proceed to develop a light sport aircraft.


In addition to previously recommended aero stocks, here are others which may be of interest. This is NOT a buy recommendation, just a working list for study:

CACI International (CAI)
Ceradyne (CRDN)
DRS Technologies (DRS)
EDO Corporation (EDO)
GKN (GKN.L)
KBR Inc. (KBR)
L-1 Identity Solutions (ID)
SAIC (SAI)
Sra International (SRX)
Thales (TCFP.PA)
ZODIAC (ZODC.PA)

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