Aerospace/defense industry
Article Abstract:
President Bill Clinton is expected to ask for increased defense spending in the 1999 budget, which augers well for defense contractors, and the industry is also continuing to consolidate. Airbus Industri is having problems with the development of a large cargo carrier, and Boeing Co has also been forced to write money off due to product development problems. Investors need to limit their commitments to this industry to the most timely stocks.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1998
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Aerospace/defense industry
Article Abstract:
President Bill Clinton did sign the defense authorization bill for $265.6 billion that takes effect on Oct 1, 1996. Most aerospace companies serve the defense and commercial industries. Boeing will increase its aircraft production but McDonnell Douglas will not. A decrease in weapons production has caused mergers and layoffs within the industry. Stock investment should be based on timeliness.
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:
Defense spending is expected to trend upward in 1998, resulting in wider margins. The Eurofighter is experiencing renewed demand, and Airbus Industrie is making market share gains. Potential difficulties include detrimental competition between Airbus and Boeing, and governmental action against the merger of Northrop Grumman and Lockheed Martin.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1998
User Contributions:
Comment about this article or add new information about this topic: