Ametek - Aerospace Supplier Benefits from Space Race and Aviation Boom!

Business Driver: AMETEK (AMTK) has established itself as a supplier for the aerospace industry. The company is strong in automation and precision motion control solutions, electrical connections, specialty metals, and thermal management systems, and is also present in spare parts, repair, and maintenance services for civil aerospace.   On October 30, Ametek surprised with a very strong Q3 result. The adjusted earnings per share were $1.89 (+13.86%), significantly above the consensus expectations of $1.76, while revenue reached $1.893 billion...