FLIR Systems Inc ( FLIR) pushed the Aerospace/Defense industry higher today making it today's featured aerospace/defense winner. The industry as a whole closed the day up 1.7%. By the end of trading, FLIR Systems Inc rose 84 cents (3.3%) to $26.65 on light volume. Throughout the day, 858,746 shares of FLIR Systems Inc exchanged hands as compared to its average daily volume of 1.5 million shares. The stock ranged in a price between $26.12-$26.76 after having opened the day at $26.17 as compared to the previous trading day's close of $25.81. Other companies within the Aerospace/Defense industry that increased today were: Aerosonic Corporation ( AIM), up 5.2%, Ducommun Inc ( DCO), up 4.4%, Spirit AeroSystems Holdings Inc ( SPR), up 4.3%, and Esterline Technologies ( ESL), up 3.9%.

FLIR Systems, Inc. designs, manufactures, and markets thermal imaging systems worldwide. The company operates through two divisions, Commercial Systems and Government Systems. FLIR Systems Inc has a market cap of $3.97 billion and is part of the industrial goods sector. The company has a P/E ratio of 19.1, equal to the average aerospace/defense industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are down 13.2% year to date as of the close of trading on Thursday.

TheStreet Ratings rates FLIR Systems as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, 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 a generally disappointing performance in the stock itself, premium valuation and disappointing return on equity.

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 ( ITA) while those bearish on the aerospace/defense industry could consider ProShares Short Dow 30 ( DOG).
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