Aerospace/defense industry
Article Abstract:
Commercial aircraft manufacturers were able to take new net orders at the June 1999 Paris Air Show, but the total is not expected to match 1998, and business in the military aircraft sector is less difficult. An increase in the US defense-spending bill was voted by the US Senate, but the defense industry in Europe has entered into a period of consolidation. This industry is difficult to track and investors should concentrate on only the most timely stocks.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1999
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Aerospace/defense industry
Article Abstract:
Appropriations for the F-22 were voted down by the US House in 1999, but may be reinstated by the Congress, and Lockheed Martin has received several orders for the F-16. Boeing Co has also received a large contract in the US space effort, and has also laid plans to enlarge the 747 jetliner. Investors need to be selective with these stocks as commercial airliner and defense spend trends are divergent in 1999 and the year 2000.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
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