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>> SPENDING CUTS Latest News

JUL 18, 2014 - Forbes

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Cost Cuts Could Lift Lockheed's Earnings Despite Weak U.S. Military Spending

We figure in the second quarter, the company will continue to face pressure on its top line from flat defense spending by the U.S. government, which constitutes over 80% of Lockheed’s top line. On the bright side however, we anticipate Lockheed’s second quarter profits could rise despite pressure on its top line.

Tags: Cost Cuts Could Lift Lockheed's Earnings Despite Weak U.S. Military Spending,  Spending Cuts Latest News