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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 Jan. 2014 was $27 Mil. Its research and development for the trailing twelve months (TTM) ended in Jan. 2014 was $99 Mil.
This is the expense the company spent on research and development.
Esterline Technologies Research & Development for the trailing twelve months (TTM) ended in Jan. 2014 was 25.658 (Apr. 2013 ) + 24.103 (Jul. 2013 ) + 22.899 (Oct. 2013 ) + 26.506 (Jan. 2014 ) = $99 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||26||42||49||67||87||64||70||95||108||96|
Esterline Technologies Quarterly Data
|Research & Development||31||26||30||27||25||23||26||24||23||27|