When the Gulf War happened, spending fell immediately thereafter. You had collapse of communism, and the need for budget cuts, ... Now the budget is heavily in surplus, and the public is crying out for protection. I think you'll have sustained increase in defense spending.
More Quotes from Joseph Nadol:It's not a significant impact on numbers. It wasn't in Boeing's plan, ... The bottom line is there's a glut of aircraft worldwide, even if traffic recovers domestically to pre Sept. 11 levels, it's going to take significant numbers for a recovery.
Overall, this was a strong quarter nearly across the board. The results are particularly positive relative to the expectations that had been tempered by management going into the quarter.
Clearly homeland security has become more of an issue since Sept. 11. Both these companies have technologies that could expose them to rapidly growing, potentially large markets over the next couple of years.
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I was born with this. It's a hereditary genetic condition. This is something you can go your whole life without really knowing that something's wrong. I had high blood pressure, and that was the first sign.
I figure I'll be champ for about ten years and then I'll let my brother take over - like the Kennedys down in Washington.
I'm supposed to be the director of a television company, but I've only ever seen that company as a vehicle for making the kind of programmes we wanted to make, getting our ideas on the screen.