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Currently browsing entries tagged downturn

Continued conflict good for US defense contractors

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 [...]

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Company to expand in Michigan

Ace Electronics, a maker of wiring for military vehicles, plans to expand it facilities in Michigan. See a story here. This is due to an increase in the orders they are getting from the US military. The company made automotive wiring products but now are doing a substantial expansion to support their [...]

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Congressional micromanageing of the Defense Budget screws up Force Protection

This article in The Charleston Post-Gazette discusses how Force Protection Inc. went through a boom period, and now seems to be heading towards a downturn. This is all due to Congress suddenly deciding that the Army and Marines need more MRAPs.

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