Bell Helicopter, a Textron Inc. (NYSE:TXT), has announced that power management company, Eaton will be providing the hydraulic system for the Bell V-280 Valor. John Garrison, president and CEO of Bell Helicopter, says: “We are pleased Eaton is making the strategic decision to join our growing team of aerospace leaders and help develop our third generation tiltrotor, the Bell V-280. Textron Inc. (NYSE:TXT) net profit margin is 4.10% and weekly performance is -0.72%. On last trading day company shares ended up $38.70. Analysts mean target price for the company is $43.42. Textron Inc. (NYSE:TXT) distance from 50-day simple moving average (SMA50) is -0.84%.
The Aerojet Rocketdyne employee hospitalized in a November explosion on the company’s headquarters campus died of his injuries last month. GenCorp Inc. (NYSE:GY) is the parent company of Aerojet Rocketdyne. Gencorp Inc (NYSE:GY) shares fell -0.51% in last trading session and ended the day on $17.50. GY Gross Margin is 11.60% and its return on assets is 9.80%. Gencorp Inc (NYSE:GY) quarterly performance is 3.12%.
A top Florida official of Northrop Grumman Corporation (NYSE:NOC) says the company’s major Melbourne expansion will involve military work that would be beneficial to both for U.S. and allied forces. U.S. Sen. Bill Nelson, who has been briefed on the project, said the Northrop Grumman Corporation (NYSE:NOC) expansion includes work on the next generation of B-2 bombers. Northrop Grumman Corporation (NYSE:NOC) shares moved up 0.26% in last trading session and was closed at $121.23, while trading in range of $120.68 – $121.92. Northrop Grumman Corporation (NYSE:NOC) year to date (YTD) performance is 6.32%.
Erickson Incorporated (NASDAQ:EAC), a leading global provider of aviation services to a worldwide mix of commercial and government customers and the vertically integrated manufacturer and operator of the powerful, heavy-lift helicopter, the Erickson Incorporated (NASDAQ:EAC) S-64 Aircrane, announced first quarter 2014 financial results and reiterated its full-year guidance for fiscal 2014. Erickson Inc (NASDAQ:EAC) ended the last trading day at $15.70. Company weekly volatility is calculated as 3.21% and price to cash ratio as 113.95. Erickson Inc (NASDAQ:EAC) showed a negative weekly performance of -1.81%.