Tough time for US and UK manufacturers – Suppliers Share Wrap
Lockheed Martin share gained 0.8%, despite the company reporting a 28% decline in net profit (USD517 million) on a 6% increase in revenue. The company’s outlook is for 2011 sales growth at the “mid-single-digit” levels.
EADS shares were up 1.5%. The UK confirmed its commitment to the troubled A400M programme under the defence review.
Selected Original Equipment Manufacturers daily share price movements (% change): 19-Oct-2010
Selected Aviation Suppliers & Leasing daily share price movements (% change): 19-Oct-2010