Esterline Announces Sale of PSI Subsidiary to Measurement Specialties 9/8/2010 By Administrator Account on
Esterline Corporation today announced the sale of its Hampton, VA-based Pressure Systems, Inc. (PSI) subsidiary to Measurement Specialties, Inc.
Esterline Reports 23% Earnings Improvement for Q3 2010; Raises Full-Year EPS Guidance to $3.85-$3.95 9/2/2010 By Administrator Account on
Earnings from Continuing Operations $39.9 Million, or $1.30 per Share, on $383.5 Million Sales.
Esterline Announces Redemption of 7.75% Senior Subordinated Notes Due 2013 8/10/2010 By Administrator Account on
Esterline Corporation today announced that it will redeem all of its 7.75% Senior Subordinated Notes due 2013 that remain outstanding on September 9, 2010. The notice of redemption will be distributed to the holders of the Notes on or about August 10, 2010.
Esterline Awarded Sikorsky Contract Extension: Additional CMC Flight management Systems to go on US Army Black Hawk Helicopters 7/20/2010 By Administrator Account on
Esterline Corporation's Avionics Systems platform has received a $23.6 million extension to a purchase order from Sikorsky Aircraft Corporation for an additional quantity of its CMC Electronics brand CMA-2082MC Flight Management System (FMS) and CMA-2088 Emergency Control Panel (ECP) in support of the U.S. Army UH-60M and S-70i™ international BLACK HAWK helicopters.
Esterline Announces Cash Tender Offer and Consent Solicitation 7/19/2010 By Administrator Account on
Esterline Corporation (NYSE: ESL www.esterline.com), a leading specialty manufacturer serving aerospace/defense markets, today announced that it is commencing a cash tender offer and consent solicitation (the "Tender Offer") pursuant to an Offer to Purchase and Consent Solicitation Statement, dated July 19, 2010, and a related Letter of Transmittal and Consent.
Esterline Launches Private Placement of Senior Notes 7/19/2010 By Administrator Account on
Esterline Corporation (NYSE: ESL www.esterline.com), a leading specialty manufacturer serving aerospace/defense markets, today announced that it is commencing an offering (the "Offering") of $200 million aggregate principal amount of senior notes due 2020.
Esterline Announces Pricing of $250 Million Private Placement of Senior Notes 7/19/2010 By Administrator Account on
Esterline Corporation (NYSE: ESL www.esterline.com), a leading specialty manufacturer serving aerospace/defense markets, today announced that it has priced a private placement of $250 million aggregate principal amount of 7% senior notes due 2020.
Esterline Reports 17% Earnings Improvement from Continuing Operations in Second Quarter 2010 5/27/2010 By Administrator Account on
Earnings $29.6 Million, or $.98 per Share, on $387.6 Million in Sales
Staver Picked to Lead Interface Technologies Platform 4/15/2010 By Administrator Account on
Esterline Corporation, (NYSE: ESL www.esterline.com), today announced the promotion of Dennis Staver to President of its Interface Technologies platform, which includes three human-machine interface companies.
Esterline Reports Q1 2010 Earnings 2/25/2010 By Administrator Account on
Esterline announces first quarter 2010 Net Earnings of $12.7 million - $0.42 per share - on $339.4 million in sales.
Esterline Reports FY09 and Q4 Earnings 12/10/2009 By Administrator Account on
FY09 Earnings from Continuing Operations $107.2 Million - $3.58 per share - on $1.43 Billion in sales. Performance includes an $.08 fourth quarter tax benefit.
Moschetti to Lead Esterline Communication Systems Platform 12/3/2009 By Administrator Account on
BELLEVUE, Wash., December 3, 2009 ― Esterline Corporation (NYSE: ESL - www.esterline.com), a leading specialty manufacturer serving the aerospace and defense markets, today announced the promotion of Kevin Moschetti to President of its Communication Systems platform, comprising two major business units located in the US and the UK.
Esterline Promotes Al Yost to Corporate Group Vice President 11/23/2009 By Administrator Account on
BELLEVUE, Wash., November 23, 2009 ― Esterline Corporation (NYSE:ESL), a leading specialty manufacturer serving the aerospace, defense and medical markets, today announced the promotion of Albert S. Yost to corporate Group Vice President.
Esterline Promotes Brad Lawrence to Chief Executive Officer 9/16/2009 By Administrator Account on
BELLEVUE, Wash., September 14, 2009 – Esterline Corporation (NYSE: ESL www.esterline.com), a leading specialty manufacturer serving primarily aerospace and defense markets, today announced that the company’s president, R. Bradley “Brad” Lawrence, 62, has been elected to the Board of Directors and named Chief Executive Officer, effective November 1, 2009. Lawrence succeeds Robert W. Cremin as CEO. Cremin has been with the company for 33 years and will continue to serve as a non-executive Chairman of the Board of Directors through early 2011.
Esterline 3Q Earnings from Continuing Operations $32.5 Million – $1.09 Per Share – On $361.5 Million Sales 9/3/2009 By Administrator Account on
BELLEVUE, Wash., September 3, 2009 ― Esterline Corporation, (NYSE: ESL www.esterline.com), a leading specialty manufacturer serving aerospace/defense markets, today reported fiscal 2009 third quarter (ended July 31) income from continuing operations of $32.5 million, or $1.09 per diluted share, on sales of $361.5 million. Earnings include a tax benefit of approximately $.10 per share. Year-ago income from continuing operations was $18.4 million, or $.61 per diluted share, on sales of $363.5 million.
Yeldon Picked To Lead Esterline Avionics Systems Unit 8/13/2009 By Administrator Account on
Management Sphere includes CMC Electronics’ Canadian and US Locations
BELLEVUE, Wash., August 13, 2009 ― Esterline Corporation, (NYSE: ESL www.esterline.com), a leading specialty manufacturer serving the aerospace and defense markets, today announced the promotion of Gregory (Greg) Yeldon to the position of President of its CMC Electronics (CMC) subsidiary.
Esterline Appoints Brad Lawrence President and Chief Operating Officer 6/8/2009 By Administrator Account on
BELLEVUE, Wash., June 8, 2009--Esterline Corporation (NYSE: ESL www.esterline.com), a leading specialty manufacturer serving aerospace / defense and medical markets, today announced that R. Bradley “Brad” Lawrence has been appointed to the new position of President and Chief Operating Officer (COO). Robert W. Cremin, who is relinquishing his role as President, continues as Chairman and CEO. Lawrence has served as an Esterline Group Vice President since January 2007, with operational oversight and responsibility for approximately half the corporation’s subsidiaries located in the U.S., Europe, Mexico, and Asia.
Esterline Reports a Six Percent Earnings Increase from Continuing Operations in Second Quarter 2009 5/28/2009 By Administrator Account on
BELLEVUE, Wash., May 28, 2009 — Esterline Corporation, (NYSE: ESL www.esterline.com), a leading specialty manufacturer serving aerospace/defense markets, today reported fiscal 2009 second quarter (ended May 1) income from continuing operations of $25.3 million, or $.85 per diluted share, on sales of $359.5 million. Year-ago income from continuing operations was $23.9 million, or $.80 per diluted share, on sales of $358.0 million.
Esterline Partners with Rolls-Royce on Trent XWB Engine Program 4/9/2009 By Administrator Account on
BELLEVUE, Wash., April 9, 2009 — Esterline Corporation (NYSE: ESL www.esterline.com), a leading specialty manufacturer serving principally aerospace and defense markets, announced today that its Advanced Sensors operation has been chosen by Rolls-Royce to partner on its Trent XWB engine program.
Esterline Reports Q1 2009 Earnings 2/26/2009 By Administrator Account on
BELLEVUE, Wash., Feb. 26, 2009 — Esterline Corporation, (NYSE:ESL www.esterline.com), a leading specialty manufacturer serving aerospace/defense markets, today reported fiscal 2009 first quarter (ended January 30) income from continuing operations of $11.5 million, or $.38 per diluted share, on sales of $309.7 million. Year-ago income from continuing operations was $29.7 million, or $1.00 per diluted share, on sales of $357.3 million. Income from discontinued operations was $.52 per diluted share, compared with $.04 per diluted share in the prior-year period, reflecting gains on the sale of a U.K.-based operation in November 2008. Net income was $26.9 million, or $.90 per diluted share, compared with $31.0 million, or $1.04 per diluted share, in the prior-year period.