Local defense contractors score billions

Arizona Republic

04/07/08

President Bush’s $515.4 billion 2009 defense budget, now before Congress, bodes well for Arizona’s more than 6,000 military contractors and subcontractors. The spending package, the largest since World War II, funds most major programs and does not include any significant cuts. The 2009 budget is a boon to scores of small businesses that do subcontract work. It’s also generous to the state’s major defense contractors. There is $2.3 billion for missiles made by Raytheon Corp. in Tucson, $800 million for the Boeing Co. to remanufacture Apache Helicopters in Mesa and $728 million to upgrade Abrams tanks with new engines built by Honeywell International Inc. in Phoenix. ‘There is plenty of work for everyone,’ said Brad Curran, an aerospace and defense-industry analyst in the San Antonio office of military-research firm Frost & Sullivan...

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Informant: Thomas L. Knapp



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