Sunday, July 20, 2014 1:11:05 PM
The recent 18% increase in the PPS over the last two trading days is most likely related to the GE Aviation's good news coming out of the Farnborough International Airshow. It I was a potential investor sitting on the sidelines, but paying relatively close attention to Sigma, this news would make me jump in:
GE and its Joint Ventures Garner More than $36 Billion in Orders/Commitments at 2014 Farnborough Air Show http://online.wsj.com/article/PR-CO-20140717-907556.html
GE Aviation selects Auburn for $50 million 3D printing facility
http://www.oanow.com/news/auburn/article_f6e0a452-0c03-11e4-b703-001a4bcf6878.html
Executive: The Leap Engine Will Be One of General Electric Company's Most Important Products
http://www.fool.com/investing/general/2014/07/14/executive-the-leap-engine-will-be-one-of-general-e.aspx
The big question: is GE going to us Sigma's IPQA? I'm confident they are based on the fact that GE is ahead of schedule, IPQA is an absolutely necessary requirement of the process, and a replacement IPQA system isn't likely to come out of the blue without years of development and testing.
Here's hoping we keep this momentum.
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