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Sources say Applied Signal Technology (APSG) has hired advisors (BAC) to explore a sale that...

Sources say Applied Signal Technology (APSG) has hired advisors (BAC) to explore a sale that could see interest from Raytheon (RTN), Northrop Grumman (NOC), Boeing (BA), L-3 Communications (LLL) and Lockheed Martin (LMT). APSG's technology is used by the government to intercept cellphone, microwave and military communication signals. APSG +3% premarket.
Comments (1)
  • Tom Au, CFA
    , contributor
    Comments (6775) | Send Message
     
    Defense stocks are now cheap and well worth a look.
    22 Oct 2010, 09:30 AM Reply Like
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