RBC Bearings' Aerospace & Defense Growth Picks Up: A Sign of More Upside?
Key Takeaways RBC Bearings' Aerospace/Defense revenues surged 38.8% year over year in fiscal Q2 on strong market demand.RBC's backlog reached $1.06B, supported by solid execution and rising commercial aerospace orders.Defense revenues jumped 73.3%, driven by higher demand for bearings in marine and missile applications.RBC Bearings Incorporated (RBC) is experiencing persistent strength in aerospace and defense markets. Solid momentum in the commercial aerospace market, driven by strong growth in orders from ...