What's Ahead in Aerospace and Defense: Defense budget cuts seen in Europe, but not U.S., CSFB says
EUROPEAN CUTS: Defense budget cuts are being enacted across most of Europe, but "we believe the current projections are safe in the U.S. for several years," says Credit Suisse First Boston's European Aerospace and Defense Equity Research Team. "Record returns/growth are priced in for the U.S. sector...
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