My take on what is going on, and it certainly isn't new groundbreaking information:
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_f6e0...f6878.html
Executive: The Leap Engine Will Be One of General Electric Company's Most Important Products
http://www.fool.com/investing/general/2014/07...ral-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.
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_f6e0...f6878.html
Executive: The Leap Engine Will Be One of General Electric Company's Most Important Products
http://www.fool.com/investing/general/2014/07...ral-e.aspx
Quote:"Steve Heller: I wanted to talk about the LEAP jet engine, particularly -- we're at a 3-D printing conference -- the fuel nozzle. I wanted to know if you could update us at all, how the progress is going with that?
Stephan Biller: Progress is going great. We're making great progress. The LEAP is obviously going to be one of our [General Electric's] most important products we're going to introduce. By 2020, we believe that we're going to have printed about 100,000 additive [3-D printed] parts going into the LEAP.
We're [General Electric is] really taking advantage of that new technology, and it's a very, very exciting time. We're working very hard on it together with our business partners in aviation, and there's lots and lots of excitement around that.
I think we're going to introduce that engine faster; usually in aviation you think about, "How long is it going to take you to make the 250th engine?" That will be faster than it has been ever before."
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.
