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November 19, 2012
12:57 EDTPHParker Aerospace and WheelTug announce agreement
WheelTug plc is pleased to announce that it has entered into a Memorandum of Understanding with the Aircraft Wheel & Brake Division of Parker Aerospace, whereby Parker will be the exclusive supplier of wheels for the WheelTug system on the Airbus A320 and Boeing 737NG families of aircraft. Parker and WheelTug have been collaborating on this project for some months, and look forward to bringing the WheelTug system to market.
News For PH From The Last 14 Days
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October 1, 2015
10:27 EDTPHParker-Hannifin Chairman Donald Washkewicz to retire, effective December 31
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September 28, 2015
17:07 EDTPHParker-Hannifin acquires President Engineering Group, terms not disclosed
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September 22, 2015
13:05 EDTPHParker-Hannifin sees 5-year CAGR EPS growth 8%
Sees 8% EPS growth CAGR over a five-year period through FY20. Other targeted metrics by FY20 include: Organic sales growth 150 bps greater than Industrial growth; sales of $14B via organic growth; segment operating margins 17%; ROIC 17%; cash from operations greater than10%. Regarding capital deployment, though FY20, sees $1.8B in dividends, $1.2B in CapEx, $4B in strategic M&A and share buybacks. Comments from slides that will be presented at the company's investor meeting.

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