Meggitt

Article Abstract:

Meggitt is an electronics and aerospace engineer which has acquired Whittaker, a US company that produces aircraft fire detection systems and control valves. The aircraft industry will account for two thirds of Meggitt's sales following the acquisition. The aftermarket accounts for nearly half of the sales of Whittaker, and profit margins are higher for the aftermarket than for original sales. Whittaker should be able to cut costs as a result of the merger.

Aircraft Parts, Other Aircraft Parts and Auxiliary Equipment Manufacturing, Aircraft parts and equipment, not elsewhere classified, Aircraft equipment and supplies industry, Aircraft parts industry

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Meggitt

Article Abstract:

Meggitt's order book is string, as is the company's product pipeline, though demand for civil aerospace could be affected by a downturn in US markets.

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Alvis

Article Abstract:

Alvis should benefit from an order from Switzerland, though profits could be weak for two years.

Aircraft, Aircraft Manufacturing, Alvis PLC

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