Capital Goods Sector Review: Boeing Fleet Gets Support
The Boeing Company (NYSE:BA): Goodrich (NYSE:GR) and Hawaiian Airlines (NASDAQ:HA) have signed an extension to their existing Prime Solutions nacelle maintenance agreement to support the airline’s fleet of 18 Boeing (NYSE:BA) 717-200 aircraft powered by Rolls-Royce BR715 engines. The existing nacelle flight hour agreement provides maintenance, repair and overhaul, or MRO, services, management of spare parts, rotables and dedicated Goodrich technical support. With this new extension, Goodrich’s Aerostructures business will increase its existing Prime Solutions support to include three aircraft that Hawaiian Airlines introduced into its fleet beginning in October 2011. These additional aircraft will receive the same customized full-support package as established in the original nacelle flight hour agreement signed in 2001.
The shares closed at $75.51, down $0.01, or 0.01%, on the day. Its market capitalization is $56.12 billion.
Twin Disc, Incorporated (NASDAQ:TWIN): Dividend is payable on March 1, 2012, to shareholders of record on February 10, 2012.
The shares closed at $32.00, down $7.4, or 18.78%, on the day. Its market capitalization is $365.74 million.
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