Paul Nisbet
Paul Nisbet
congress defense department economy french interested rather
I don't think the U.S. Congress or even the Department of Defense is going to be interested in subsidizing the French economy with that kind of money, ... If Airbus was a (British) company, rather than predominantly French and German, I think it would be very different.
certainly chinese continue country dominant market next single strong wants
The Chinese market is probably going to be as strong as any single country in the world over the next 20 years, ... so it's certainly one that Boeing wants to continue to be dominant in.
commercial companies defense early earnings exceptions extremely few maybe military mostly side stages
All the defense companies -- with very few exceptions -- have been doing extremely well with mostly double-digit earnings growth. And it's not just the military side, it's the commercial side as well. We're in the early stages of a maybe five-year up cycle.
exception lack major perhaps revenue seem weaker
The major disappointment was perhaps the lack of revenue growth. If you look at each of the (defense unit) segments, they all with one exception seem weaker than anticipated.
reason sure
I'm sure that this is one of the things that has been thought through by Northrop, and probably the reason they hesitated so long.