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Annual Sales $756 million
Rank 27th (Revenue between $250 million and $1 billion)
Average Five-Year Score Improvement17th (up 2.9%)
The collapse of a deal to acquire two Airbus facilities that would have tripled its size was a big blow to the French aerostructures and wiring supplier. Latecoere has diversified its customer base beyond Airbus--it builds the doors for Boeing's 787--and aggressively offshored work. But high costs and the unfavorable euro-dollar exchange rate weigh on the company, contributing to consistently unimpressive TPC scores. Investment capital for new products will be an urgent need.
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