Set your sights on the horizon
Defense spending has to decrease; that’s the reality of the sequestration. For The Boeing Company (NYSE:BA), that may mean the end of its C-17 contract with the U.S. military. Still, there are lots of overseas opportunities that could prove lucrative to Boeing’s bottom line. But as always, Boeing’s chief rival, Airbus, is looking to be the recipient of those profits.
The article Is Boeing About to Lose Its C-17 Military Transport Contract? originally appeared on Fool.com.
Fool contributor Katie Spence owns shares of Northrop Grumman (NYSE:NOC). Follow her on Twitter: @TMFKSpence. The Motley Fool owns shares of Huntington Ingalls Industries, Lockheed Martin, and Northrop Grumman.
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