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Defense Contractors Stockpile Cash
Some of the major players in the defense industry are hoarding cash amid fears of going over the fiscal cliff, which would mean major cuts to defense spending. Howard Rubel, Jefferies aerospace and defense analyst, and Patrick McCarthy, FBR Capital Markets senior defense analyst, offer insight.
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Defense Contractors Stockpile Cash
Some of the major players in the defense industry are hoarding cash amid fears of going over the fiscal cliff, which would mean major cuts to defense spending. Howard Rubel, Jefferies aerospace and defense analyst, and Patrick McCarthy, FBR Capital Markets senior defense analyst, offer insight.
Date: 11/27/12
Views: 152
Video by:  CNBC
 
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