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.

Author: Jones, Stephen E., Goodman, Gary D., Ferro, Mario, Schlein, Milton, Feenan, Gerard, O'Shea, Thomas M., Siegel, Morton L.
Aircraft, Aircraft Manufacturing, Aerospace industry, Defense industry, GRC International Inc., GRH, Gulfstream Aerospace Corp.

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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.

Author: Jones, Stephen E., Goodman, Gary D., Ferro, Mario, Schlein, Milton, Feenan, Gerard, O'Shea, Thomas M., Siegel, Morton L.
Aircraft & Parts, Aerospace Product and Parts Manufacturing, Aircraft and Parts, Statistical Data Included, CRC International

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Subjects list: United States, Securities, Aircraft industry, Boeing Co., BA, Lockheed Martin Corp., Bombardier Inc., PINK, Raytheon Co., Aviall Inc., Northrop Grumman Corp., AAR Corp., Alliant Techsystems Inc., CAE Inc., Cordant Technologies Inc., General Dynamics Corp., Litton Industries Inc., Moog Inc., Precision Castparts Corp., United Industrial Corp., AIR, ATK, AVL, CDD, GD, LIT, LMT, MOGA, PCP, RTN, UIC, Wyman-Gordon Co. San Leandro Div., Nichols Research Corp., NRES, WYMN
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