Esterline Tech Flies Higher

The aerospace and defense industry might not seem like a great play but there are still a lot of orders in the pipeline that have to be filled. As the economy recovers, some of the suppliers and developers of this industry should see many new orders. One of the biggest recipients of those new orders will be Esterline Technologies Corp (ESL). This stock has been a position in my <font>Financial Tides </font>blog S&P Small Cap Fund on <font>Marketocracy</font>.

Recently they elevated Brad Lawrence to be CEO and he has great plans for this engineering, manufacturing and supplier to defense, commercial aerospace and general industry The main products are GPS technology and display equipment. The are a major supplier to Boeing (BA), Lockheed (LMT), Northrop Grumman (NOC), General Dynamics (GD) and Raytheon (RTN). As the industry goes so goes ESL.