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Continued conflict good for US defense contractors

by: Matthew Potter
July 12, 2008

Category: Congress, development program, Earnings, Federal Budget Process, IT, logistics, Military Aviation, missile defense, production program, Satellites | RSS 2.0

CNNMoney has a preview of the upcoming earnings report for a variety of US defense contractors. See this for more. Not surprisingly the outlook is good. The US defense budget remains large and will probably not see any downturn until 2010 at the earliest depending on the US election. Rockwell Collins reported yesterday and they came in with 24% improvement over last quarter. See the press release here.

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