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July 14, 2014
08:05 EDTPH, RYCEY, BAParker Aerospace partners with Rolls-Royce to support engines
Parker Aerospace, a unit of Parker-Hannifin (PH), has been chosen by Rolls-Royce (RYCEY) to provide high-temperature fuel hoses and lifetime support on its Trent 1000 -TEN and Trent 1000 package C engines. The Rolls-Royce Trent 1000 C and Trent 1000 -TEN engines are being developed for the Boeing (BA) 787 Dreamliner aircraft. Product design, manufacture, and support will be completed by Parkerís Stratoflex Products Division in Fort Worth, Texas. The bill of material covers high-temperature hoses that channel fuel to the engine. As part of the partnership, Parker will provide all-inclusive customer service and support on its components for the life of the engines. This approach is a continuing tradition for Parker on Rolls-Royce TotalCare programs and helps provide optimized, predictable cost over the long term. The first Parker-supplied Trent 1000 -TEN components are scheduled for delivery to Rolls-Royce in late 2014. Parker Aerospace supports many Rolls-Royce engine programs.
News For PH;RYCEY;BA From The Last 14 Days
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August 19, 2014
16:45 EDTBABombardier shakes up commercial aircraft marketing division, WSJ says
Canadian transportation company Bombardier (BDRBF) has replaced its commercial aircraft marketing chief Philippe Poutissou with Ross Mitchell, says the Wall Street Journal. The moves come as part of a broader restructuring of Bombardier's marketing division as the company competes with Boeing (BA) and Airbus Group (EADSY), added the Wall Street Journal. Reference Link
August 14, 2014
17:49 EDTBABoeing awarded $295.64M government contract
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13:39 EDTBABoeing reports 10 new 777 orders in weekly update
Boeing in its weekly update reported 10 new 777 orders for unidentified customers.
06:32 EDTBABoeing clears way for new 777X wing facility, Reuters says
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August 13, 2014
16:40 EDTBAAir Lease places two new Boeing 777-300ERS wth KLM
Air Lease announced long term lease agreements with KLM for two additional new Boeing (BA) 777-300ER aircraft, scheduled for delivery in 2H16 and early 2017. These aircraft placements are in addition to the two new 777-300ER aircraft scheduled for lease from ALC to KLM in early 2015 and early 2016.
06:09 EDTBABoeing, Sikorsky selected to build Technology Demonstrator
Sikorsky Aircraft, a subsidiary of United Technologies (UTX) and Boeing (BA) have been selected to build a helicopter for the U.S. Armyís Joint Multi-Role Technology Demonstrator Phase 1 program, paving the way for the next generation of vertical lift aircraft. The U.S. Army Aviation Technology Directorate selected the Sikorsky-Boeing team to continue the development of the SB>1 Defiant, a medium-lift helicopter configured to Sikorskyís X2 coaxial design, through flight testing. First flight for the program is expected in 2017. Reference Link
August 12, 2014
08:11 EDTPHParker-Hannifin sell-off creates attractive entry point, says Argus
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06:29 EDTBABoeing sees most defense arm reductions from supply chain, Reuters says
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August 11, 2014
06:50 EDTBAJason Communications to sponsor a symposium
17th Annual Space and Missile Defense Symposium to be held in Huntsville, Alabama on August 11-14.
August 8, 2014
18:26 EDTBABoeing 787 production snags re-emerge at assembly plant, Reuters reports
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06:43 EDTBAReport says cold weather reason for Boeing battery meltdown, Reuters says
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August 7, 2014
11:18 EDTBABoeing reports 40 new orders in weekly update
Boeing announced 40 new orders in an update of its orders through August 5 to account for its previously announced order for 26 777s and 14 787s from All Nippon Airways. Reference Link
10:00 EDTPHOn The Fly: Analyst Upgrade Summary
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08:04 EDTPHParker-Hannifin upgraded to Buy from Neutral at ISI Group
ISI Group upgraded Parker-Hannifin to Buy citing recent share weakness and year-to-date machinery sector underperformance. Price target lowered to $125 from $134.
07:54 EDTPHParker-Hannifin valuation compelling, says Stifel
After Parker reported weaker than expected results and provided weaker than expected guidance, Stifel thinks the outlook for the company's Q1 results is uncertain due to cost inefficiencies. However, the firm finds the stock's valuation compelling and keeps a Buy rating.

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