Paul Nisbet
Paul Nisbet
above based certainly dashed normal stock
They (defense stocks) are above normal prices, but that is based on above-normal expectations. If those expectations are dashed by one or two companies, they are certainly going to feel it in their stock prices.
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.
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.
airlines delivery gone industry likely looks order peak pushed repeated time
The airlines have gone after the delivery slots at the same time like lemmings. It's pushed the industry to what looks like an order peak and makes it not likely to be repeated any time soon.
airlines huge prefer step
There undoubtedly are airlines out there that would prefer not to take the huge step to the A380 but want something better than what they already have,
expect huge orders placed quite reasonable shortage
After the huge orders that were placed in December, I think it's quite reasonable to expect that there would be a shortage of them in January.
beginning budget fear four higher level operations seeing settle strong three
They (defense companies) are beginning to settle down in their operations at a much higher level than they were three or four years ago as they become much more efficient. What we are seeing now is some fear (of budget cuts) being dissipated by the strong performance.
associated good homeland market obviously pay perhaps strong whatever
They'll pay whatever they have to get it. They obviously see a good strong market there, perhaps associated with homeland security.
bit both problems street
Both of them were better than the Street had expected, they are both doing very well. Lockheed is doing a bit better because they don't have the shipbuilding problems that Northrop has.
days few planes talking
Boeing?s talking about assembling these planes in a few days because everything they?re getting will be so complete.
money spent weapons
There's some money being spent in the replacement of weapons and munitions that are heavily used.
empty flying happen
They were flying a lot of empty planes. They don't want that to happen again.
clear intended readily seen
She made it clear she intended some day to be CEO, and she may have seen it wasn't going to be as readily achievable as she thought,
buying demand since stopped
Obviously, there's been pent-up demand that has materialized since 9/11. Everyone stopped buying for a while.