Shutdown Keeps the Lid on Aerospace, Defense Stocks

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United Technologies just announced that a prolonged federal government shutdown will force it to furlough thousands of workers because of a lack of government inspectors to approve production of Black Hawk helicopters and other aircraft and weapons systems.

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As FBN's Liz MacDonald reports today, the Aerospace Industries Association warns that other major contractors could also face furloughs.

Another trade group says 29% of aerospace/defense contractors plan to delay hiring as a consequence of the shutdown. Investors are already preparing for the worst.

Note that the 25 stocks listed below are down an average of 1.00% this week, compared with a gain of 0.13% for the S&P 500.

Aerospace/Defense Contractors



Market Cap

(UTX) United Technologies


(BA) The Boeing Company


(LMT) Lockheed Martin


(GD) General Dynamics


(RTN) Raytheon Company


(NOC) Northrop Grumman


(COL) Rockwell Collins, Inc.


(LLL) L-3 Communications
Holdings, Inc.


(TXT) Textron Inc.


(TGI) Triumph Group, Inc.


(HEI) HEICO Corporation


(SPR) Spirit AeroSystems
Holdings, Inc


(HII) Huntington Ingalls
Industries, Inc.


(TDY) Teledyne Technologies Inc.


(ATK) Alliant Techsystems Inc.


(XLS) Exelis Inc.


(MOG.A) Moog Inc. Class A


(ESL) Esterline Technologies


(CW) Curtiss-Wright Corporation


(CUB) Cubic Corporation


(ORB) Orbital Sciences Corporation




(GY) GenCorp Inc.


(ATRO) Astronics Corporation


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