A version of this article appears in the August 4 edition of Aviation Week & Space Technology. Defense company earnings reports for the quarter that ended June 30 will not be completed until the end of this week. Reports released already and the subjects of related conference calls, however, underscore three bigger themes that should continue to play out in 2014-15.  This first trend is portfolio reshaping and focus. Earlier this year, U.K. companies Qinetiq and Chemring announced ...

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