Relatively flat spending proposed for the Pentagon in fiscal 2015, followed by potentially significant – but highly uncertain – increases in 2016 and beyond have Wall Street analysts and the aerospace and defense industry hopeful that 2013-14 represents the nadir for U.S. defense spending. “We expect that fiscal 2016-19 plans unveiled by [the Defense Department] could be greeted positively by defense bulls, as they will conform to notions that fiscal 2014-15 is a plateau in spending and ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "Reaction To Pentagon Budget Cautious, Wistful".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.