SOURCE: Street Investing

Street Investing

March 22, 2010 09:04 ET

Industrial Sector Taking the Economic Bet

JOHANNESBURG, SOUTH AFRICA--(Marketwire - March 22, 2010) - - With the global economy getting the feel of a deep and rapid change, companies worldwide, in general industrial sector, are re-engineering their business models. When we talk about global trade in today's world, we need to consider that from the chemical industry to aerospace, and through transport territory to engineering, businesses are paving into new directions for growth.

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US industrial sector is currently reaching a demand level that might chain up to $35 billion in 2011, by the grace of gains in tiny markets like aerospace and electrical/electronic equipment. Beneficiary of these upticks in demand will be companies like Fluor Corporation, McDermott International Inc., FLIR Systems Inc. (NASDAQ: FLIR) and AeroVironment Inc. (NASDAQ: AVAV). "However, there are uncertainties on finance, that whether it will work or not by paving its way to Washington bureaucracy and take on the groups entailed for bidding on defense projects," commented James Stall senior analyst at

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One of our picks in the industry is FLIR Systems Inc. It commenced in 1978, and is in the designing, manufacture and marketing of thermal imaging systems. Sturdy inclination in revenue and profit margin bolstered the financial position of company. With low cost, growing brand awareness, and a distributed revenue base and minting product lines, the Company is making its strategy effective and is well positioned for future growth.

Company has strengthened its operational area through acquisition of OmniTech Partners, Inc., a leader in the development and manufacturing of image intensified and fused image intensified / thermal imagers based in Freeport, PA, for $42 million in cash.

In June 2009, the Company grabbed Salvador Imaging, Inc. In October 2009, the Company acquired OmniTech Partners, Inc. In December 2009, the Company acquired Directed Perception Inc. Sign up today at to access the full report on this company.

Another enticing pick from the industry is AeroVironment Inc. which was incorporated in July 1971. The Company designs, develops, produces and supports a portfolio of unmanned aircraft systems (UAS), which supplies only to organizations within the United Revenue of the company is hampered by the delays in taking orders and late dispatchment of the 2010 Defense budget with outstretched government order processing time. During the quarter company entailed an inclination in the production of the digital Raven systems and digital retrofit kits to pacify customer demand, gratification and reached to major development programs for eventual adoption. Register now at to view the full report on this company.

Visit to see how these companies have grown over the past years and how they will progress in the future.

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