We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
GE Aviation's Turboprop Engine to Power Cessna Denali Jets
Read MoreHide Full Article
GE Aviation,a segment of General Electric Company (GE - Free Report) , was recently chosen by Textron Aviation, a Textron Inc (TXT - Free Report) company, to provide its Advanced Turboprop Engine to power Cessna Denali aircraft.
Unison Industries was selected by Textron Aviation to provide additively manufactured air-air heat exchangers for its latest Cessna Denali high performance single engine turboprop. Expected to achieve the first flight in 2018, the single engine turboprop will be powered by GE’s Advanced Turboprop Engine. Headquartered in Jacksonville, FL, Unison employs over 2,000 people worldwide. The company is a leading manufacturer of electrical and mechanical components and systems for aircraft engines and airframes
The additive air-air heat exchanger by Unison is the industry’s first, and is part of General Electric’s $1 billion investment and commitment to the advancement of additive manufacturing. The air-air heat exchanger improves reliability through elimination of braze joints, provides reduced weight and volume. It will help Unison live up to its customers’ expectations.
General Electric has outperformed the Zacks categorized Diversified Operations industry in the last three months, driven by a string of strategic acquisitions and collaborations with an average return of 9.53% compared with 9.51% of the latter.
With approximately 44,000 employees, and 84 facilities, GE Aviation posted $6,300 million in revenues in third-quarter 2016. GE Aviation offers commercial and military jet engines and components and aftermarket services.
Hitachi has a long-term earnings growth expectation of 13% and has beaten estimates twice in the trailing four quarters for an average positive earnings surprise of 145.6%.
Carlisle Companies has long-term earnings growth expectation of 16% and has beaten estimates in each of the trailing four quarters for an average positive earnings surprise of 13.5%.
Zacks' Top Investment Ideas for Long-Term Profit
How would you like to see our best recommendations to help you find today’s most promising long-term stocks? Starting now, you can look inside our portfolios featuring stocks under $10, income stocks, value investments and more. These picks, which have double and triple-digit profit potential, are rarely available to the public. But you can see them now. Click here >>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
GE Aviation's Turboprop Engine to Power Cessna Denali Jets
GE Aviation,a segment of General Electric Company (GE - Free Report) , was recently chosen by Textron Aviation, a Textron Inc (TXT - Free Report) company, to provide its Advanced Turboprop Engine to power Cessna Denali aircraft.
Unison Industries was selected by Textron Aviation to provide additively manufactured air-air heat exchangers for its latest Cessna Denali high performance single engine turboprop. Expected to achieve the first flight in 2018, the single engine turboprop will be powered by GE’s Advanced Turboprop Engine. Headquartered in Jacksonville, FL, Unison employs over 2,000 people worldwide. The company is a leading manufacturer of electrical and mechanical components and systems for aircraft engines and airframes
The additive air-air heat exchanger by Unison is the industry’s first, and is part of General Electric’s $1 billion investment and commitment to the advancement of additive manufacturing. The air-air heat exchanger improves reliability through elimination of braze joints, provides reduced weight and volume. It will help Unison live up to its customers’ expectations.
General Electric has outperformed the Zacks categorized Diversified Operations industry in the last three months, driven by a string of strategic acquisitions and collaborations with an average return of 9.53% compared with 9.51% of the latter.
With approximately 44,000 employees, and 84 facilities, GE Aviation posted $6,300 million in revenues in third-quarter 2016. GE Aviation offers commercial and military jet engines and components and aftermarket services.
General Electric presently has a Zacks Rank #3 (Hold). A couple better-ranked stocks in the same industry include Carlisle Companies Incorporated (CSL - Free Report) and Hitachi, Ltd. (HTHIY - Free Report) , both carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Hitachi has a long-term earnings growth expectation of 13% and has beaten estimates twice in the trailing four quarters for an average positive earnings surprise of 145.6%.
Carlisle Companies has long-term earnings growth expectation of 16% and has beaten estimates in each of the trailing four quarters for an average positive earnings surprise of 13.5%.
Zacks' Top Investment Ideas for Long-Term Profit
How would you like to see our best recommendations to help you find today’s most promising long-term stocks? Starting now, you can look inside our portfolios featuring stocks under $10, income stocks, value investments and more. These picks, which have double and triple-digit profit potential, are rarely available to the public. But you can see them now. Click here >>