Archived Industry Notes: Government
Published in 2011
Will defense firms miss the economic comeback?
In an otherwise upbeat column about the economic growth expected over the next decade, Forbes commentator Rick Whittington saves the bad news for last.
He sees the U.S. industrial base, not consumer spending, leading an economic comeback, but he picks six stocks that will suffer. And it should be no surprise, the six biggest defense companies — Alliant TechSystems, General Dynamics, Lockheed Martin, L–3, Northrop Grumman, and Raytheon — are expected to feel the squeeze.
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first published week of: 07/18/2011