Issuer Ranking: Global Aerospace And Defense Companies, Strongest To Weakest Oct 09

  • ID: 1886632
  • October 2009
  • Region: Global
  • Standard & Poors
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  • AAR Corp.
  • BAE Systems PLC
  • DynCorp International LLC
  • Hawker Beechcraft Inc.
  • Lockheed Martin Corp.
  • Precision Castparts Corp.
  • MORE

The global recession continues to weigh heavily on commercial aerospace manufacturers and their suppliers, especially those manufacturing business jets. Air travel has declined significantly in the U.S., Europe, Japan, and elsewhere. This has caused a sharp drop in aircraft orders and a cloudy outlook for deliveries, reversing a strong market upturn that occurred in recent years. (Listen to the related podcast titled, "More Turbulence Ahead For Commercial Aerospace Companies," dated Oct. 19, 2009.) Still, Standard & Poor's Ratings Services feels that there are some signs of stabilization, albeit subtle ones. There are indications that the economy has started to improve, from low levels, and the declines in air traffic are much smaller than a few months ago. Overall, though, we...

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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.

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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.
- Vought Aircraft Industries Inc.
- Rockwell Collins Inc.
- Esterline Technologies Corp.
- ARINC Inc.
- Heckler & Koch GmbH
- DynCorp International LLC
- AmeriQual Group LLC
- Spirit AeroSystems Inc.
- MTU Aero Engines Holding AG
- Embraer S.A.
- Atlantic Marine Holding Co.
- Hawker Beechcraft Inc.
- Wesco Aircraft Holdings Inc.
- StandardAero Aviation Holdings Inc.
- Hunter Defense Technologies Inc.
- Colt Defense LLC

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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