Manufacturer of FAA approved jet engine replacement parts, other than the original equipment manufacturers and their subcontractors. Also manufactures electronic equipment for aerospace, defense, and electronics industries.
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http://www.smartmoney.com/invest/strategies/the-400-man-1328818316857/#printMode"There are huge barriers to entry, he says, the replacement cycle is driven by regulation, and customers are not aggressive about demanding lower prices."PE is 32 right now; has the opportunity passed?