DEFENSE COMPANIES & THE ANALYSTS WHO DEFEND THEM...

Perhaps in the back of your mind, you've been wondering if defense companies have done well over the past 5 years... here is the link to top defense companies on yahoo finance.

(clicking on the graph will expand it)

As you'd expect some defense companies have beaten the dow average by a hefty margin. The real question is, what is the earnings projections for these companies - and are they over valued in light of their strong performance. Also, what about the risk of lawsuits or chargebacks from the government?

RECENT HEADLINES SUGGEST STRONG GROWTH WILL CONTINUE...

	LMT		Lockheed Gets $23M Air Force Deal AP (Mon 6:05pm)
•	NOC		Northrop Gets $7.7M Navy Deal AP (Mon 5:59pm)
•	GD		General Dynamics Gets $244.5M Contract AP (Mon 5:47pm)
•	BA		Boeing CEO Sees 2006 As Turnaround Year AP (Mon 5:30pm)
•	GD		GD gets $244.5 mln of US Marines vehicle order at Reuters (Mon 5:04pm)
•	GD		General Dynamics unit gets $244.5 mln Marine work order