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This is the expense the company spent on research and development. Esterline Technologies's research and development for the three months ended in Apr. 2015 was $27 Mil. Its research and development for the trailing twelve months (TTM) ended in Apr. 2015 was $95 Mil.
This is the expense the company spent on research and development.
Esterline Technologies Research & Development for the trailing twelve months (TTM) ended in Apr. 2015 was 25.134 (Jul. 2014 ) + 20.46 (Oct. 2014 ) + 22.455 (Jan. 2015 ) + 27 (Apr. 2015 ) = $95 Mil.
If competitive advantage is created by a patent or tech advantage, at some point it will disappear.
High R&D usually dictates high SG&A which threatens the competitive advantage.
Esterline Technologies Annual Data
|Research & Development||42||49||67||87||64||70||95||108||90||99|
Esterline Technologies Quarterly Data
|Research & Development||23||26||24||17||26||26||25||20||22||27|