Paul Nisbet Quotes (25 Quotes)

With the Bush administration, we'll see a rebuilding of the military to bring it back to where it was eight years ago. We'll see a considerable appreciation in defense stocks, as we saw in the Reagan years.

I'm sure that this is one of the things that has been thought through by Northrop, and probably the reason they hesitated so long.

Investors obviously aren't concerned with it. I'm surprised, and I don't think he should have done it. But he doesn't make his living from writing.

I think it could embolden other companies if they succeed to cut back on health care costs by passing it off on other employees.

They're Boeing going to become more traditional in their business over the next few years, with the commercial bouncing out ahead of the military, back to where it used to be.

The major disappointment was perhaps the lack of revenue growth. If you look at each of the (defense unit) segments, they all with one exception seem weaker than anticipated.

The airlines have gone after the delivery slots at the same time like lemmings. It's pushed the industry to what looks like an order peak and makes it not likely to be repeated any time soon.

The Chinese market is probably going to be as strong as any single country in the world over the next 20 years, ... so it's certainly one that Boeing wants to continue to be dominant in.

I don't think the U.S. Congress or even the Department of Defense is going to be interested in subsidizing the French economy with that kind of money, ... If Airbus was a British company, rather than predominantly French and German, I think it would be very different.

They (defense companies) are beginning to settle down in their operations at a much higher level than they were three or four years ago as they become much more efficient. What we are seeing now is some fear (of budget cuts) being dissipated by the strong performance.

It's a potentially profitable area for them, and one that won't be shrinking. But they need to land a big contract, because the defense budget should be flattening.

It seems to me that it might be appropriate to split the stock, but it's been an internal decision not to do so. I think it's getting a fair value. Splitting it would increase the overall market cap of the company little if at all.

It's a tough business, ... You are bidding set prices on multi-dimensional construction projects and the competition is very steep.

It must be in the military side. I think there's some profit-taking going on.

She made it clear she intended some day to be CEO, and she may have seen it wasn't going to be as readily achievable as she thought,

Any time you have people that you don't need, you're going to lose money, ... I suspect they're adjusting their workforce to the work they do. If they don't, they can't survive.

All the defense companies -- with very few exceptions -- have been doing extremely well with mostly double-digit earnings growth. And it's not just the military side, it's the commercial side as well. We're in the early stages of a maybe five-year up cycle.

There's some money being spent in the replacement of weapons and munitions that are heavily used.

Honeywell is trying to offset the horrible situation they have on the commercial side. Any news about this (from Honeywell) is like having a bucket of water thrown on you with the events of Sept. 11 and trying to dry it off with a small handkerchief.

The union could bargain for higher wages to cover the higher health care costs.

They'll pay whatever they have to get it. They obviously see a good strong market there, perhaps associated with homeland security.

I think the group was held back by overly pessimistic Wall Street forecasts until about November of last year. And then the budget information began to leak and it was much more positive than most had been anticipating.

The quarter looks good and it's pretty much across the board. Their military work in all sectors was strong, as was their aircraft.

The aerospace industry seems to have troubles finding and retaining female executives. I suppose there is a different atmosphere in that industry than in the others because your primary customers are normally the fliers and the military, and of course the commercial, and they're fairly jealously hanging on to their all-male setup. So it may be part of an attitude there.

They (defense stocks) are above normal prices, but that is based on above-normal expectations. If those expectations are dashed by one or two companies, they are certainly going to feel it in their stock prices.