Aerospace/defense industry
Article Abstract:
The defense budget for FY 1997 includes only $60 billion for weapons procurement, which many believe is barely adequate. Congressional leaders, however, have promised an increase of $9 billion-$14 billion. Industry consolidation is encouraged by decreased defense spending and more mergers are expected. Recovery in commercial jet orders is also continuing in 1996. Investors must select aerospace and defense industry stocks with good timeliness rankings for growth.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1996
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Aerospace/defense industry
Article Abstract:
The recovery in annual net orders for jetliners, which totaled 149 in 1994, cannot be forecast for 1995 and 1996. The 1994 5% rise in airline traffic and load factors indicates new jetliners will be purchased by the end of the century, however. The Congress elected in 1994 is not likely to increase defense spending to a major extent, and investors should be cautioned to evaluate and select stocks in this group with care.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
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Aerospace/defense industry
Article Abstract:
The aerospace and defense industries are cutting costs and consolidating with decreased military spending. Westinghouse is planning to sell its military electronic business, and Boeing and McDonnell Douglas may merge. The Pentagon is planning to purchase more C-17s and commercial jet airliner orders have increased. Investors must concentrate on timely stocks in these industries and diversify their financial commitments.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1996
User Contributions:
Comment about this article or add new information about this topic: