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Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Spirit AeroSystems Holdings



) pushed the Aerospace/Defense industry higher today making it today's featured aerospace/defense winner. The industry as a whole closed the day up 0.2%. By the end of trading, Spirit AeroSystems Holdings rose $0.38 (1.7%) to $22.88 on average volume. Throughout the day, 1,166,600 shares of Spirit AeroSystems Holdings exchanged hands as compared to its average daily volume of 1,320,200 shares. The stock ranged in a price between $22.39-$22.99 after having opened the day at $22.43 as compared to the previous trading day's close of $22.50. Other companies within the Aerospace/Defense industry that increased today were:

Heico Corporation



), up 7.7%,

Heico Corporation



), up 4.6%,

Astrotech Corporation



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TheStreet Recommends

), up 3.8% and

LMI Aerospace



), up 2.6%.

Spirit AeroSystems Holdings, Inc., through its subsidiaries, operates as a non-original equipment manufacturer (OEM) that designs and manufactures commercial aerostructures worldwide. It operates in three segments: Fuselage Systems, Propulsion Systems, and Wing Systems. Spirit AeroSystems Holdings has a market cap of $2.8 billion and is part of the industrial goods sector. Shares are up 32.6% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate Spirit AeroSystems Holdings a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Spirit AeroSystems Holdings as a


. The company's strengths can be seen in multiple areas, such as its revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow.

On the negative front,




), down 11.8%,

Taser International



), down 5.9%,

Innovative Solutions and Support



), down 3.4% and

Breeze-Eastern Corporation



), down 2.6% , were all laggards within the aerospace/defense industry with

Triumph Group



) being today's aerospace/defense industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the aerospace/defense industry could consider

iShares DJ US Aerospace & Def Idx



) while those bearish on the aerospace/defense industry could consider

ProShares Short Dow 30




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