Strong Defense Lines Yield Solid Margins, New Orders, and New Development Programs - Research Report on Boeing, General

  Strong Defense Lines Yield Solid Margins, New Orders, and New Development
   Programs - Research Report on Boeing, General Dynamics, Esterline, FLIR
                          Systems, and B/E Aerospace

PR Newswire

NEW YORK, June 4, 2013

NEW YORK, June 4, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Wall Street Reports announced new research reports highlighting The
Boeing Company (NYSE: BA), General Dynamics Corp. (NYSE: GD), Esterline
Technologies Corp. (NYSE: ESL), FLIR Systems, Inc. (NASDAQ: FLIR), and B/E
Aerospace Inc. (NASDAQ: BEAV). 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 May 29, 2013, The Boeing Company (Boeing) celebrated the 50th delivery of
the Boeing 747-8 aircraft to Deutsche Lufthansa AG. Eric Lindblad, Vice
President and General Manager of the 747 program, commented, "This delivery is
not only an important milestone for the 747-8 program, but it sets the stage
for our future." "Lufthansa is very proud to have the next Boeing 747-8
entering our fleet - almost exactly one year after the launch flight from
Frankfurt to Washington, DC," said Nico Buchholz, Executive Vice President
Fleet Management of Deutsche Lufthansa AG. Mr. Buchholz added, "After one year
of operation and now seven aircraft in the fleet, the aircraft has proven and
delivered the excellent economical and ecological performance. We are very
happy with the reliable operation of the 747-8."

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: []


General Dynamics Corp. Research Report

On May 29, 2013, General Dynamics Land Systems, a business unit of General
Dynamics Corp., (General Dynamics), announced that it is leading a development
program for the first North American combat vehicle with a fully-integrated
Active Protection System (APS). Later this year, the Company will proceed with
the validation of a fully-integrated APS on a Light Armored Vehicle III
(LAVIII) demonstrator. Sonya Sepahban, Senior Vice President of Engineering,
Development, and Technology at General Dynamics Land Systems, said, "General
Dynamics Land Systems has more than 20 years of experience with APS technology
integration and development and we are actively engaged in industry studies,
research and development." She added, "We will continue to leverage our
world-class systems engineering and unique survivability expertise, coupled
with broad knowledge of APS technologies, to implement this capability on a
variety of platforms for our customers." 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:


Esterline Technologies Corp. Research Report

On May 30, 2013, Esterline Technologies Corp. (Esterline) released its Q2 FY
2013 results (period ended April 26, 2013). Net sales were down 1% YoY to
$499.6 million. Net earnings were down 21.4% YoY to $35.5 million, or $1.12
per diluted share. Net earnings during Q2 FY 2012 were positively impacted by
a $0.30 per share benefit from a litigation settlement. Brad Lawrence, CEO of
Esterline, said that Q2 FY 2013 results, "...reflect stable revenues, steady
margins, controlled costs, and good performance in a variety of businesses and
programs." Lawrence said that he expects a solid second-half performance,
despite headwinds in global defense markets and a slower-than-anticipated
recovery of the European economy. The Full Research Report on Esterline
Technologies Corp. - including full detailed breakdown, analyst ratings and
price targets - is available to download free of charge at:


FLIR Systems, Inc. Research Report

On May 16, 2013, FLIR Systems, Inc. (FLIR) announced that it has received a
$23 million order to support the US Coast Guard (USCG). The order is for the
Electro-Optical Sensor System (ESS) configuration of the Company's
commercially developed military-grade Talon 9-inch multi-sensor gimbal system.
Earl Lewis, President and CEO of FLIR commented, "This order is a continuation
of our longstanding support of the multiple missions of the Department of
Homeland Security." He added, "We have a proven ability to provide state of
the art imaging technologies that are critical to protecting people and are
developed on a commercial basis, which results in reduced delivery time and
lower prices for our customers. We are pleased to be able to continue our
successful relationship with the U.S. Coast Guard." The Company stated that
the ESS will be deployed on USCG's H-60 and H-65 helicopters, and expects the
shipments to be completed by the end of 2013. The Full Research Report on FLIR
Systems, Inc. - including full detailed breakdown, analyst ratings and price
targets - is available to download free of charge at:


B/E Aerospace Inc. Research Report

On April 22, 2013, B/E Aerospace Inc. (B/E Aerospace) released its Q1 2013
results. Revenue was up 12.7% YoY to $842.2 million. Operating earnings were
up 18.3% YoY to $153.6 million. Net earnings were up 30.7% YoY to $89.9
million, while diluted EPS was up 29.9% YoY to $0.87 per share. B/E Aerospace
reported that the growth in operating earnings and margins was primarily
attributable to operating leverage at the higher revenue level and ongoing
operational efficiency initiatives. "Today we reported a strong start to 2013.
Our first quarter 2013 results included record quarterly revenues, bookings,
operating earnings, operating margin, net earnings, and EPS. Our revenue
growth continues to be driven primarily by the robust new aircraft delivery
cycle. Approximately 61 percent of first quarter revenues was driven by demand
for products for new-buy aircraft reflecting both robust new aircraft
deliveries and continued softness in aftermarket demand," said Amin J. Khoury,
Chairman and CEO of B/E Aerospace. The Full Research Report on B/E Aerospace
Inc. - including full detailed breakdown, analyst ratings and price targets -
is available to download free of charge at:


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