The historical stock prices of these companies were obtained from the following two excellent internet resources.... Google Finance and MarketWatch Big Charts.
These 32 largest US Aerospace/Defense Companies had their average stock prices drop by a huge 55% from December 31, 2007 during President Bush's second Presidential term, and very early in President Obama's first term on March 6, 2009, which was the very lowest point for the overall stock market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.
But since March 6, 2009, the average stock prices of these same 32 largest US Aerospace/Defense Corps have increased by a very impressive 381% through January 22, 2014.
Clearly, the investors in and employees of these 32 US Aerospace/Defense Companies must be very pleased with the impact of actions taken by both the Obama Administration and the US Fed to successfully rescue the US economy from its extremely weakened state caused by the 2008 US financial meltdown.
But on the downside, how could the US Congress refuse to extend Unemployment Benefits, when at the same time, they have no problem with these US Defense Contractors having their stock prices appreciate so very robustly, all on the US Government's dime? And also when the controls of monies spent by the US Government on US Federal Contracts are so severely deficient?
Below here are the market prices of each of these 32 largest US Aerospace/Defense Companies on January 22, 2014, on March 6, 2009, and on December 31, 2007, sorted by Percentage Increase from March 6, 2009 to January 22, 2014:
Market | Market | ||||||
Price | Price | ||||||
% | % | ||||||
Change | Change | ||||||
Market | Market | Market | 3-6-09 | 12-31-07 | |||
Price | Price | Price | to | to | |||
1-22-14 | 3-6-09 | 12-31-07 | 1-22-14 | 3-6-09 | |||
Aerospace/Defense | |||||||
Astronics | East Aurora | NY | 63.13 | 4.48 | 14.75 | 1310% | -70% |
B/E Aerospace | Wellington | FL | 86.57 | 6.51 | 52.90 | 1230% | -88% |
Textron | Providence | RI | 38.00 | 3.75 | 71.30 | 913% | -95% |
Hexcel | Stamford | CT | 46.40 | 4.76 | 24.28 | 875% | -80% |
GenCorp | Rancho Cordova | CA | 17.65 | 2.00 | 11.66 | 783% | -83% |
Sturm Ruger | Southport | CT | 78.50 | 10.32 | 8.28 | 661% | 25% |
HEICO | Hollywood | FL | 59.37 | 9.40 | 22.32 | 532% | -58% |
TransDigm Group | Cleveland | OH | 176.11 | 30.94 | 45.17 | 469% | -32% |
Esterline Technologies | Bellevue | WA | 109.70 | 20.89 | 51.75 | 425% | -60% |
Woodward | Fort Collins | CO | 44.83 | 9.08 | 33.98 | 394% | -73% |
TASER Intl | Scottsdale | AZ | 18.00 | 3.65 | 14.39 | 393% | -75% |
Triumph Group | Berwyn | PA | 78.97 | 16.26 | 41.18 | 386% | -61% |
Boeing | Chicago | IL | 144.37 | 30.10 | 87.46 | 380% | -66% |
Teledyne Technologies | Thousand Oaks | CA | 96.20 | 22.29 | 53.33 | 332% | -58% |
Spirit AeroSystems Holdings | Wichita | KS | 35.89 | 8.32 | 34.50 | 331% | -76% |
CPI Aerostructures | Edgewood | NY | 14.75 | 3.75 | 8.70 | 293% | -57% |
Kaman Corp | Bloomfield | CT | 40.18 | 10.29 | 36.81 | 290% | -72% |
Northrop Grumman | Falls Church | VA | 120.32 | 31.33 | 71.34 | 284% | -56% |
Moog Inc | East Aurora | NY | 68.81 | 18.51 | 45.81 | 272% | -60% |
Smith & Wesson | Springfield | MA | 14.21 | 4.43 | 6.10 | 221% | -27% |
Rockwell Collins | Cedar Rapids | IA | 79.19 | 28.35 | 71.97 | 179% | -61% |
General Dynamics | Falls Church | VA | 99.65 | 36.49 | 88.99 | 173% | -59% |
Lockheed Martin | Bethesda | MD | 156.65 | 58.85 | 105.26 | 166% | -44% |
Raytheon | Waltham | MA | 92.45 | 34.88 | 60.70 | 165% | -43% |
Ducommun Inc | Carson | CA | 29.87 | 11.96 | 38.00 | 150% | -69% |
LMI Aerospace | St Charles | MO | 13.84 | 6.39 | 26.51 | 117% | -76% |
Alliant Techsystems | Arlington | VA | 133.74 | 63.40 | 113.76 | 111% | -44% |
Orbital Sciences | Dulles | VA | 25.38 | 12.18 | 24.52 | 108% | -50% |
L-3 Communications | New York | NY | 108.62 | 56.30 | 101.61 | 93% | -45% |
Innovative Solutions & Support | Exton | PA | 7.34 | 3.96 | 9.69 | 85% | -59% |
FLIR Systems | Wilsonville | OR | 34.17 | 19.59 | 31.30 | 74% | -37% |
AeroVironment | Monrovia | CA | 30.98 | 31.78 | 24.20 | -3% | 31% |
Average % Change all 32 | 381% | -55% |