The term "Aerospace & Defense" is a generic term that encompasses several different industries: The major companies as seen on the right manufactures both commercial and military aircrafts. Boeing Company (NYSE:BA) is the world's largest aerospace and defense company. The company operates in over 90 countries and claims the title of America's largest aerospace manufacturing company. Its has three divisions: commercial airplanes, Integrated Defense Systems (IDS), and Boeing Capital Corporation Of the three divisions, the most prominent is the commercial airplane section. This division faces intense competition from EADS NV (EADSY) and its Airbus line of planes.
The Aerospace & Defense industry portal delivers latest information to professionals working in government, businesses and private companies involved in research, development, production, and service to commercial and military equipments and facilities. Our content target the following audience such as:
Headquartered in Chicago, Illinois, Boeing was originally founded in the 1910s in Seattle, Washington. After a series of mergers and splits (in which today's United Airlines was spun out, among others), Boeing emerged in the fifties as the premier US aircraft manufacturer, participating heavily in government air defense projects. It was not until 1958 that Boeing began delivery of its first commercial airplanes, the segment for which it is most commonly recognized today.
Honeywell's $31 billion revenue places it amongst the largest companies in the world. Sales in the US constitute 61% of revenue, but Honeywell's international business has been growing rapidly.
is one of the world's largest defense contractor by revenue. As a manufacturer of primarily electronic, information, aeronautic, and space systems, LMT has benefited from the increased defense spending that has accompanied the Afghan and Iraq War.
United States government spending typically represents about 85% of Lockheed Martin's revenue. As a result, the company is sensitive to political changes that impact federal government spending priorities. Historically, Republican political victories have benefited Lockheed Martin through increases in defense spending.
Aeronautics is engaged in the research, design, development, manufacture, integration, sustainment, support, and upgrade of advanced military aircraft, including combat and air mobility aircraft, unmanned air vehicles, and related technologies.
In 2010, net sales at Aeronautics of $13.2 billion represented 29% of our total net sales. Aeronautics has three principal lines of business, and the percentage that each contributed to its 2010 net sales was:
With three-quarters of GD's sales coming from the US government, GD relies heavily on the U.S. Department of Defense (DoD) budget spending. The DoD budget is rather cyclical, but the war in the Middle East and the military's need to replace Cold War equipment has helped increase defense spending over the past few years. During 3rd Q of 2011, GD experience a fall in net income by 9.3% due to sluggish economic, reduction of equipments and energy costs with an impact on environmental atmosphere due to carbon emissions.
The United States government is Raytheon's principal customer, accounting for nearly 80% of total sales. Such heavy reliance on one source for income is softened by the company's strong diversification in small contracts; the loss of one program would not significantly affect the company's business.
This segment manufactures and produces flight controls, helicopter's main and tail rotors, complete landing gear systems (including wheels and brakes), fuel controls, electrical systems, surveillance systems, and provide maintenance and repair services associated with aircraft engines and aircraft interior products.
Northrop Grumman Corporation (NYSE:NOC) is the world’s third largest defense contractor; it manufactures aircraft carriers, submarines, space craft systems, mission-critical computer systems, and wireless communications infrastructure; about 90% of its revenue comes from the U.S. Department of Defense (DoD). The company is currently based out of Los Angeles, CA, but is scheduled to move to Falls Church, VA.
Boeing Corporation is set to continue rolling out most of it's Carolina dreamliner productions due to positive revenue of 135.6% from 2010 annual reading compared to most competitors. This will in turn generate profitable net income through 2013.
The valuation of volatiled indices ranges from trending supplemented variables which has continuously enforce bias to brokerage firms to relay on forcasting strong recovery during mid quarter of 2012.
For comparison purposes, here are the FY2010 revenues findings these aerospace corporations.
|Company||FY2010 Net Profit Margin||FY2010 Operating Margin||FY2010 EBITD Margin||Return on Average Equity||Biggest Division|
|Boeing Company(BA)||5.15%||7.73%||9.36%||135.31%||Civilian Aircraft|
|Honeywell International(HON)||6.1%||9.4%||12.6%||23%||Electronic Systems on Aircraft|
|Lockheed Martin(LMT)||5.77%||8.94%||11.11%||67.50%||Electronic Systems|
|General Dynamics (GD)||8.09%||12.15%||13.90%||20.42%||Information Systems and Technology|
|Raytheon Company (RTN)||7.32%||10.35%||11.56%||18.43%||Space and Airborne Systems|
|Goodrich Corporation (GR)||8.39%||14.35%||17.36%||23%||Actuation and Landing Systems|
|Northrop Grumman (NOC)||5.86%||8.83%||10.85%||15.5%||Electronic Systems|