Esterline Technologies Corp (NYSE:ESL)
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A specialized manufacturing company principally serving aerospace and defense customers. The Company designs, manufactures and markets highly engineered products and systems for application within the industries it serves.
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The latest Q4 2006 call is full of positives. They are due to soon fully recover from a major accident and have some great things to look forward. They are a well diversified company. Particularly in the civil aviation industry, they are a safer bet than trying to call EADS or BA - why not just buy on of their suppliers and you win whoever turns out on top!
ESL are suppliers to other aviation manufacturers as well, not just the top two.