Composite growth

There's Something about Boeing : Boeing, a leading aircraft manufacturer, will take the credit for flying the first "composite" aircraft sometime next year. Boeing 787 is going to be the first commercial jet to have its wings made entirely of composites - a plastic like material that is much lighter than metal alloys currently used. The material shift will help the 787 have 20% less fuel consumption and also help reduce the maintenance costs. Though these composites are much lighter than metals, they do not conduct electricity and hence makes the aircraft more prone to lightning strikes. Boeing has somehow overcome this problem by embedding some metal mesh in these wings. (For more details please read the latest IEEE Spectrum).

A quick check on Boeing's website shows the orders are already there for these new aircrafts. Air India has ordered 27 787s, Air canada has ordered 60 and Chinese airlines have ordered another 60 of those aircrafts. While Boeing does lot more than just the 787s, it does look like there is going to be a good amount of growth in their sales.
Yahoo finance shows Boeing stock (symbol BA) has gone up by 40% in the last year. An old giant has found a new growth pill. May be this will be a good buy.