CNBC Power Lunch January 30, 2013
Tyler, defense spending down. After reporting descent guidance and returning lots of cash to investors, saying quote i cant recall a time of greater uncertainty. Raising guidance but none of the companies are factoring in possibility within extra half trillion in cuts kicking in in march. Pentagon spending, as you can see, never 22 . Cuts included 43 cuts to ships. 90 percent in weapons support. But look, 64 jump in missile spending. Good for lockheed and raytheon. We have an attack inside syria. Expecting International Sales to grow over 10 this year. But book it bill is quote under tremendou...
Source: archive.org
