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Business/Financial

Pending Defense Request Hits Boeing Hardest, Analysts Say

DDN

Wednesday, April 8th, 2009

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By Calvin Biesecker Major weapons program recommendations released by the Pentagon this week were basically in line with expectations and the contractor hit the hardest is Boeing [BA], according to Wall Street analysts. The recommendations, unveiled by Defense Secretary Gates on Monday, also spell trouble for pure service contractors, such as CACI International [CAI], ManTech International [MANT], and SAIC [SAI], the analysts say. However, Gates' recommendations are just proposals, with "Congress to take center stage" in determining the final outcomes,…

Congress

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Congress

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Congress

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Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

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