Analyst: Defense Contractor Earnings Outlook May Improve
A defense industry analyst says the earnings outlook for defense companies may trend upward, assuming a House conference committee authorizes a defense budget closer to the Senate version with much higher defense spending than the White House has sought.
US, Japan Condemn N. Korea Missile Launch
Other countries join US and Japan denouncing the recent missile launch by North Korea. The Japanese prime minister called the incident Sunday “absolutely intolerable.”
