The Bedford Report is pleased to announce that its latest Market Update analyzing recent news and events on Aerospace & Defense Industry companies Boeing (NYSE: BA), DigitalGlobe (NYSE: DGI), Northrop Grumman (NYSE: NOC), and Raytheon (NYSE: RTN) has been released.

Our updated analyst reports on Boeing, DigitalGlobe, Northrop Grumman and Raytheon include:

-- An unbiased view and rating of the company -- Recent key developments -- Solid analyst summary -- who's saying what and why? -- In-depth industry analysis and outlook -- Major upcoming events to watch out for

The Pentagon expects that defense spending in the next year will increase by one percent after accounting for inflation, in spite of record deficits and calls from Congress to cut the budget. Defense Secretary Robert Gibbs has outlined a plan to increase spending directly on US forces by two to three percent by cutting $100 billion from the overhead accounts over the next four years. Companies in the Aerospace & Defense Industry stand to directly benefit from these plans.

Spending on defense has roughly doubled since September 11, 2001, and it is expected in future years that the government will be looking for ways to cut costs. One of the primary focuses of this drive will be an attempt to drive down the prices from suppliers for goods such as food, fuel and spare parts by as much as ten percent.

In each report, we apply our proprietary pricing method using a top down mix of macroeconomic, fundamental and technical analysis and a variety of momentum indicators to develop reliable short and long-term forecasts. Analysis regarding these companies and many more is now available at www.bedfordreport.com.

BedfordReport.com has not been compensated by any of the above mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks.

Please view the full disclaimer: http://www.bedfordreport.com/disclaimer.php.

Contact: The Bedford Report Email Contact

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