The aerospace and defense (A&D) industry achieved record revenue and profits in 2012 on the strength of a surging commercial aviation market. Industry revenue and operating profit increased 2% and 4%, respectively. Median Top-Performing Companies (TPC) scores for the largest A&D companies improved to their highest levels since 2007, the year before the Great Recession. Mid-size company scores were flat, but remained at historic highs, and smaller company scores dropped considerably, after a brief peak last year.
Boeing’s ecoDemonstrator is back – but this time the company is using a 787 for the role rather than the polished aluminum 737-800 which it leased from American Airlines for the first ecoDem mission in 2012....More
Hiking seven miles to one of the tallest peaks in the Adirondacks -- in the rain -- is not most people's idea of fun, but when searching for one of the many airplane wrecks hidden among the upstate New York park's mountains, pain and discomfort are irrelevant....More