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X @Bloomberg
Bloomberg· 2025-07-17 19:48
Bahrain’s Gulf Air will buy 18 Boeing Co. 787 Dreamliner jets equipped with GE engines, breaking from past purchases of the model powered by Rolls-Royce engines https://t.co/wLAo4APqRM ...
X @Bloomberg
Bloomberg· 2025-07-17 19:46
The Space Force has accepted delivery of RTX’s $7.6-billion ground control network for the military’s constellation of GPS satellites following years of delay and massive cost overruns https://t.co/CmS7kl0rt6 ...
This Ain't Your Grandpa's GE: Aerospace Engines Firing On All Cylinders
Seeking Alpha· 2025-07-17 18:24
Group 1 - The article emphasizes the importance of earnings season for obtaining updates on companies in investment portfolios or watchlists, despite some overhyping of its significance [1] Group 2 - The article does not provide specific company or industry insights, focusing instead on the general context of earnings season and its relevance to investors [2][3]
Boeing's July Deliveries On Track With China Uptick
Benzinga· 2025-07-17 18:24
Boeing Company BA is showing signs of steady momentum across its 737 and 787 programs in July, navigating through typical seasonal slowdowns and an initially sluggish start.Bank of America Securities (BofA) analyst Ronald J. Epstein reiterated a Buy rating on Boeing with a price forecast of $260, expressing confidence in the company’s delivery and production trajectory.Epstein points out that while only 10 737s were delivered by mid-July, this aligns with Boeing’s usual monthly cadence, where activity accel ...
Are You Looking for a Top Momentum Pick? Why GE Aerospace (GE) is a Great Choice
ZACKS· 2025-07-17 17:01
Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: GE Aerospace - GE Aerospace currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned for potential outperformance [3] Performance Metrics - Over the past week, GE shares increased by 3.46%, outperforming the Zacks Aerospace - Defense industry, which rose by 3.17% [5] - In the last month, GE's shares have risen by 12.84%, compared to the industry's 8.32% [5] - Over the past quarter, GE Aerospace shares have surged by 37.43%, and over the last year, they have gained 69.91%, while the S&P 500 only increased by 19.12% and 11.85%, respectively [6] Trading Volume - GE's average 20-day trading volume is 7,255,816 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the last two months, two earnings estimates for GE have been revised upwards, with no downward revisions, raising the consensus estimate from $5.50 to $5.55 [9] - For the next fiscal year, three estimates have also moved higher without any downward revisions [9] Conclusion - Given the strong performance metrics and positive earnings outlook, GE Aerospace is positioned as a solid momentum pick with a Momentum Score of A and a Zacks Rank of 2 (Buy) [11]
L3Harris to Build More than 20 New Large Solid Rocket Motor Manufacturing Facilities in Calhoun County, Arkansas
GlobeNewswire News Room· 2025-07-17 17:00
CAMDEN, Ark., July 17, 2025 (GLOBE NEWSWIRE) -- Following a meeting with Governor Sarah Huckabee Sanders and AEDC leadership at the 2025 Paris Air Show, L3Harris Technologies (NYSE: LHX) announced plans to build more than 20 new manufacturing facilities in Calhoun County, Arkansas, that will produce large solid rocket motors. The new campus will create 50 new jobs over two years, adding to L3Harris’ ~1,300-person workforce in Camden. “Arkansas is a great place for L3Harris to fortify the domestic solid rock ...
Gold Moves Lower; Lucid Group Shares Jump
Benzinga· 2025-07-17 16:49
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 150 points on Thursday.The Dow traded up 0.28% to 44,380.09 while the NASDAQ rose 0.82% to 20,900.38. The S&P 500 also rose, gaining, 0.41% to 6,289.19.Check This Out: Top 2 Defensive Stocks That Are Ticking Portfolio BombsLeading and Lagging SectorsInformation technology shares jumped by 0.7% on Thursday.In trading on Thursday, health care stocks dipped by 0.8%.Top HeadlineGE Aerospace GE reported better-than-expe ...
GE Aerospace Q2 Earnings & Revenues Beat Estimates, Increase Y/Y
ZACKS· 2025-07-17 15:45
Core Insights - GE Aerospace reported strong second-quarter 2025 results, with revenues and earnings exceeding expectations, following its spin-off from General Electric in April 2024 [2][3] Financial Performance - Adjusted earnings were $1.66 per share, surpassing the Zacks Consensus Estimate of $1.43, marking a 38% year-over-year increase [3][8] - Total revenues reached $11 billion, a 21% year-over-year increase, while adjusted revenues were $10.2 billion, up 23% year-over-year, exceeding the consensus estimate of $9.7 billion [3][4] - Total orders grew 27% year-over-year to $14.2 billion [3] Segment Performance - Revenues from the Commercial Engines & Services segment increased 30% year-over-year to $7.99 billion, driven by higher shop visit work, spare parts sales, and pricing [4] - The Defense & Propulsion Technologies segment reported revenues of $2.56 billion, a 7% year-over-year increase, with total orders rising 24% year-over-year to $2.9 billion [5] Cost and Margin Analysis - Cost of sales rose 22.8% year-over-year to $6.85 billion, while selling, general, and administrative expenses increased 10.4% to $1.02 billion [6] - Research and development expenses totaled $359 million, reflecting a 19.7% year-over-year rise [6] - Operating profit (non-GAAP) was $2.3 billion, up 23% year-over-year, with a margin of 23%, down 10 basis points [6] Balance Sheet and Cash Flow - As of the end of Q2 2025, GE Aerospace had cash and cash equivalents of $10.9 billion, down from $13.6 billion at the end of December 2024 [7] - Adjusted free cash flow was $2.1 billion, compared to $1.1 billion in the same quarter last year [7] Future Outlook - For 2025, GE expects adjusted revenues to grow in the mid-teens range, with operating profit estimated between $8.2 billion and $8.5 billion [10] - Adjusted earnings are projected to be in the range of $5.60 to $5.80 per share, with free cash flow anticipated between $6.5 billion and $6.9 billion [10] - The Commercial Engines & Services segment is expected to see revenue growth in the high-teens range, while the Defense & Propulsion Technologies segment is projected to grow in the mid to high-single-digit range [11]
Earnings Preview: Hexcel (HXL) Q2 Earnings Expected to Decline
ZACKS· 2025-07-17 15:07
Core Viewpoint - Hexcel (HXL) is anticipated to report a year-over-year decline in earnings due to lower revenues for the quarter ended June 2025, with a consensus outlook indicating potential impacts on its near-term stock price [1][3]. Earnings Expectations - The consensus EPS estimate for Hexcel is $0.46 per share, reflecting a year-over-year decrease of 23.3% [3]. - Expected revenues for the quarter are $471.17 million, down 5.8% from the same quarter last year [3]. Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised 2.83% lower, indicating a reassessment by covering analysts [4]. - The Most Accurate Estimate for Hexcel is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +0.93% [12]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive Earnings ESP reading can indicate a likely earnings beat, particularly when combined with a strong Zacks Rank [10]. - Hexcel currently holds a Zacks Rank of 4, which complicates the prediction of an earnings beat despite the positive Earnings ESP [12][20]. Historical Performance - In the last reported quarter, Hexcel was expected to post earnings of $0.43 per share but delivered only $0.37, resulting in a surprise of -13.95% [13]. - Over the past four quarters, Hexcel has beaten consensus EPS estimates three times [14]. Industry Comparison - Teledyne Technologies (TDY), a peer in the Aerospace - Defense Equipment industry, is expected to report earnings of $5.01 per share for the same quarter, indicating a year-over-year increase of 9.4% [18]. - Teledyne's revenues are projected to be $1.47 billion, up 7.1% from the previous year, with a higher Most Accurate Estimate leading to an Earnings ESP of +1.22% [19].
Textron (TXT) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
ZACKS· 2025-07-17 15:07
Core Viewpoint - Textron (TXT) is anticipated to report a year-over-year decline in earnings despite an increase in revenues for the quarter ended June 2025, with the actual results being a significant factor influencing its near-term stock price [1][2]. Earnings Expectations - The consensus estimate for Textron's quarterly earnings is $1.44 per share, reflecting a year-over-year decrease of 6.5%, while revenues are projected to be $3.6 billion, representing a 2.2% increase from the previous year [3]. - The consensus EPS estimate has been revised down by 0.16% over the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model shows that Textron has a positive Earnings ESP of +0.58%, suggesting analysts have recently become more optimistic about the company's earnings prospects [12]. - The stock currently holds a Zacks Rank of 3, indicating a hold position, which, when combined with the positive Earnings ESP, suggests a likelihood of beating the consensus EPS estimate [12]. Historical Performance - In the last reported quarter, Textron exceeded the expected earnings of $1.17 per share by delivering $1.28, resulting in a surprise of +9.40% [13]. - Over the past four quarters, Textron has surpassed consensus EPS estimates three times [14]. Industry Comparison - General Dynamics (GD), a competitor in the Aerospace - Defense industry, is expected to report earnings of $3.54 per share for the same quarter, marking an 8.6% year-over-year increase, with revenues projected at $12.22 billion, up 2% from the previous year [18]. - General Dynamics has a positive Earnings ESP of +4.08% and a Zacks Rank of 3, indicating a strong likelihood of beating the consensus EPS estimate [19].