aerospace

The ruling is a huge win for the American aerospace giant, and a blow to its archrival EADS, the parent company of Airbus.

J. Michael Luttig, Boeing executive vice president and general counsel, said, "This WTO ruling shatters the convenient myth that European governments must illegally subsidize Airbus to counter U.S. government assistance to Boeing.

The World Trade Organization ruled Thursday that Boeing Co (NYSE:BA) has received about $2.7 billion in illegal subsidies from the federal government over the last several decades.

The acquisition represents the company's third and largest acquisition since its IPO last April. Because of the acquisition, the company will also be able to expand into desired target markets in the Southeast, South central, Nort

Metals USA Holdings (MUSA) announced Friday that it has closed its acquisition of The Richardson Trident Co.

Bob O'Brien, President and CEO, said, "Demand for our products has consistently improved throughout 2010 as customers, particularly in the commercial aerospace supply chain, right sized their inventory levels and prepared for incr

Titanium Metals (NYSE:TIE) reported Q4 EPS of $0.13, missing consensus estimates of $0.14 per share. Revenues for the quarter rose 18% year-over-year to $217.3 million, missing consensus estimates of $220.7 million.

TransDigm Group Inc. is a global designer, producer and supplier of highly engineered aircraft components, and the new business will become part of Alcoa Fastening Systems. "

" Alcoa (AA) shares are up 1.83% to trade at $16.42, on the back of its agreement to purchase the aerospace fastener business of TransDigm Group Inc. (TDG) The transaction is valued at approximately $240 million and is expected to