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Thursday, Oct 20
2011, 2:53 PM
A Credit Suisse sector review on U.S. aerospace and defense contractors concludes Raytheon (RTN...
A Credit Suisse sector review on U.S. aerospace and defense contractors concludes Raytheon (RTN -0.1%) and Boeing (BA - 0.7%) are the least vulnerable to Pentagon spending cuts in the sector, while Lockheed Martin (LMT +0.6%) and L-3 Communications (LLL -0.1%) stand as the most exposed. The firm's report comes in advance of bipartisan “super committee” debate in Congress on how to cut another $1.2T over 10 years from the federal budget deficit.