The Inside Assyria Discussion Forum #5

=> Defence firms lifted by US spend

Posted by Tiglath (Guest) - Wednesday, July 25 2007, 5:14:40 (CEST)
from 58.104.63.184 - d58-104-63-184.dsl.vic.optusnet.com.au

Australia -

Windows XP -

Internet Explorer
Website:
Website title:

Defence firms lifted by US spend

Operations in Afghanistan and Iraq have boosted defence sales
Defence firms Lockheed Martin and Northrop Grumman have both reported higher-than-expected profits on orders for the wars in Iraq and Afghanistan.
Lockheed, the world's biggest defence contractor, saw its shares rise 7%, as it increased its full-year forecast.

It made a profit of $778m (£377.4m) in the three months to the end of June.

Meanwhile, Northrop, the Pentagon's third biggest supplier behind Lockheed and Boeing, saw its quarterly profit rise 7% to $460m (£223.1m).

Lockheed said that sales of F-16, F-22 and F-35 fighter jets, as well as lower pension costs, had helped its results.

Other products include Patriot missiles and satellite systems.

Northrop specialises in warships, nuclear submarines and unmanned surveillance planes.

Analysts say US defence spending shows no sign of slowing.

Source: http://news.bbc.co.uk/1/hi/business/6914291.stm

---------------------

- BACK TO INDEX - REPLY - QUOTE - EDIT - DELETE -

The full topic:

Defence firms lifted by US spend Tiglath - Wednesday, July 25 2007, 5:14:40 (CEST)
- Re: Defence firms lifted by US spend Tiglath - 07/25 05:19

Content-length: 1331
Content-type: application/x-www-form-urlencoded
Accept: image/gif, image/x-xbitmap, image/jpeg, image/pjpeg, application/vnd.ms-excel, application/vnd.ms-powerpoint, applicatio...
Accept-encoding: gzip, deflate
Accept-language: en-au
Cache-control: no-cache
Connection: Keep-Alive
Cookie: *hidded*
Host: www.insideassyria.com
Referer: http://www.insideassyria.com/rkvsf5/rkvsf_core.php?.5BQT.
User-agent: Mozilla/4.0 (compatible; MSIE 6.0; Windows NT 5.1)