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Defense Industry Performance Profiles Part 4
This report examines the financial performance of Saab, Textron, Thales and United Technologies in the context of their activities within the defense sector, highlighting core strengths, perceived weaknesses and overall competitive positioning in the market. Following a sustained period of growth, revenues as well as profitability dropped for the defense industry in 2009, potentially marking the beginning of a downwards spiral. However revenues stabilized in 2010 and increased year-on-year in 2011. Early analysis and indicators suggest that revenue growth and profitability will continue to be maintained in 2012, despite the continuing uncertainties surrounding sequestration in the US as well as budget uncertainties in European and other international markets.