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Precision Castparts Corp. has agreed to acquire Aerospace Dynamics International (ADI) from The Marvin Group for $625m. ADI is one of the premier suppliers in the aerospace industry, operating a wide range of high-speed machining centers. ADI has developed particular expertise in large complex components, hard metal machining, and critical assemblies. The company has strong

International technology group RUAG posted slightly higher net sales of CHF 1,752m in 2013 (previous year: CHF 1,741m). Earnings before interest and taxes (EBIT) came to CHF 115m, similar to the previous year’s level (CHF 113m). The EBIT margin (EBIT/operating performance) increased slightly to 6.6% (6.3%), while net profit rose by CHF 16m to CHF

Revenues from operations for the present year grew by about $2103.00m compared to $2015.6m in 2012, a 4% increase. Passenger revenues grew by about 4.9%, largely as a result of increased passenger numbers. Cargo revenues decreased by about 3.3% as a result of the drop in the average ton-kilometer revenue. Operating costs in 2013 were

Boeing expects the market for financing new aircraft to remain strong as airline customers continue to demand for new, fuel-efficient airplanes. “Globally the liquidity balance looks good as the industry rebalances itself to move away from export credit support, with its more expensive pricing, and more toward reliance on the commercial markets,” said Tim Myers,