Issuer Ranking: Global Aerospace And Defense Companies, Strongest To Weakest Jul 10

  • ID: 1713986
  • July 2010
  • Region: Global
  • Standard & Poors
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  • AAR Corp.
  • BAE Systems PLC
  • Embraer S.A.
  • Heckler & Koch GmbH
  • Moog Inc.
  • Raytheon Co.
  • MORE

Financial performance for the commercial aerospace sector and for the defense sector, in our view, depends on very different factors. For commercial aerospace, it is subject to the effects of the overall economy. Therefore, Standard & Poor's Ratings Services expects that gradually improving conditions should benefit the credit quality of these companies as well. The financial performance of defense companies, on the other hand, depends more on government spending. Although we believe that the immediate prospects for the defense sector remain good, rising deficits in the U.S. and other countries could indicate future slower growth or cuts in military spending. Therefore, as the situation improves for the one sector, the other sector may be facing more long-term uncertainty. The recovering...

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Research Type: Commentary
Criteria articles describe the thought process and methodology Standard & Poor's analysts use in determining ratings. These commentary pieces discuss both the quantitative (economic and financial) and qualitative (business analysis and caliber of management) aspects of the analysis, as well as legal issues.

Note: Product cover images may vary from those shown
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- Boeing Co.
- Aerojet Rocketdyne Holdings Inc
- General Dynamics Corp.
- Goodrich Corp.
- Kaman Corp.
- Moog Inc.
- Raytheon Co.
- Textron Inc.
- Hexcel Corp.
- BAE Systems PLC
- Finmeccanica SpA
- Airbus Group SE
- AAR Corp.
- Sequa Corp.
- Thales S.A.
- Bombardier Inc.
- Orbital Sciences Corp.
- B/E Aerospace Inc.
- Orbital ATK Inc.
- Lockheed Martin Corp.
- Northrop Grumman Corp.
- Communications & Power Industries Inc.
- L-3 Communications Corp.
- Precision Castparts Corp.
- DeCrane Aerospace Inc.
- TransDigm Inc.
- Rolls-Royce PLC
- Israel Aerospace Industries Ltd.
- Rockwell Collins Inc.
- Esterline Technologies Corp.
- ARINC Inc.
- Heckler & Koch GmbH
- AmeriQual Group LLC
- Spirit AeroSystems Inc.
- Embraer S.A.
- Hawker Beechcraft Inc.
- Wesco Aircraft Holdings Inc.
- StandardAero Aviation Holdings Inc.
- Hunter Defense Technologies Inc.
- Colt Defense LLC
- Triumph Group Inc.
- Kratos Defense & Security Solutions Inc.
- DynCorp International Inc.

Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown




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