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Secretary Gates Announcement Sends Defense Stocks Higher

Defense Secretary Gates spoke today on the future direction of the Pentagon’s weapons programs and specifically how this change of direction will impact military personnel, existing weapons programs and long term planning.  He touched on a large number of specific programs such as the Joint Strike Fighter. Large government contracting firms Lockheed Martin (NYSE:LMT), Northrop Grumman (NYSE:NOC), SAIC [...]

April 6th, 2009 | Filed under General | Read More »

Former Defense Secretary William Cohen: Defense spending not changing anytime soon

With a new year and new administration, what new course will U.S. defense and security markets have to chart? Members of the Potomac Officers Club had the chance to hear answers to these and other questions first-hand when former Secretary of Defense William Cohen spoke at a recent POC event. Ad-libbing a line from Mark [...]

January 22nd, 2009 | Filed under General | Read More »