A Nervous Eye On Defense Firms

Published: Nov 11, 2005
Source: www.washingtonpost.com



The End of the Mighty Post-9/11 Pentagon Budgets Could Put Big Weapons Projects Under Scrutiny and Industry Stocks in Retreat

By Renae Merle
Washington Post Staff Writer
Friday, November 11, 2005; Page D01

For the makers of the military's ships and fighter jets, the boom times may be coming to an end. At least that's what some Wall Street analysts and recently sluggish defense contractor stock prices suggest.

In the face of a stubborn budget deficit fed by hurricane relief bills and rising war costs, the surge in defense spending following the Sept. 11, 2001, terrorist attacks is likely to level off, experts say. The signs are plentiful.continue..