Potential Military Contracts Worth Over $20 billion Become a Key Driver for Armor, and Armored Vehicle Stocks such as Armor Holdings, Force Protection, and Oshkosh Trucks

Released on = July 8, 2007, 1:11 pm

Press Release Author = InvestorIdeas.com

Industry = Defense

Press Release Summary = HomelandDefenseStocks.com Speaks with Scott Sacknoff,
Manager of SPADE Defense Index (AMEX: DXS) on the Performance of Defense & Security
Stocks for 2007 and Expectations for the Second Half of the Year

Press Release Body = POINT ROBERTS, Wash., DELTA, B.C. - July 6, 2007 -
www.HomelandDefenseStocks.com, the leading global investor and industry portal for
the homeland defense and security sector, presents an update on homeland defense and
security stocks in an audio interview with Scott Sacknoff, Manager of the SPADE
Defense Index (AMEX: DXS). In this month's audio discussion Mr. Sacknoff updates us
on how defense and security stocks have done over the first six months of the year,
which stocks and segments have performed the best and what analysts expect to see in
the second half of the year.

According to Sacknoff, armor and armored vehicle companies such as Armor Holdings,
Force Protection, and Oshkosh Trucks have performed well on news that the Pentagon
has cleared the U.S. Army to rush orders for Mine Resistant Ambush Protection
Vehicles to help protect troops in Iraq. Homeland security stocks such as TASER, L1
Identity, and OSI Systems have also rebounded from sub-par performance last year to
be among the sector's leading gainers.

In terms of expectations for the second half of 2007, Mr. Sacknoff expects a strong
finish. "Over the last several years, the third quarter that includes September, has
historically been strong as the government awards a large number of contracts
spending fiscal year-end monies. The passage of the DoD supplemental spending bill
will also enable DoD to re-allocate resources toward R&D projects whose funding
shifted to pay for the war in Iraq."

He adds, "The fourth quarter also tends to be a strong period but can vary due to a
number of market-related factors such as end-of-year profit taking to early betting
on how strong one believes the FY09 defense budget proposal will be when it is
announced in late January / early February."
To Listen to the Online Audio Interview in Full Click Here:
For additional Investor Resources listen to the InvestorIdeas.com Podcast:
www.HomelandDefenseStocks.com, www.BorderandPortSecurity.com, and
www.NationalHomelandSecurityKnowledgebase.com, portals within the InvestorIdeas.com
content umbrella, do not make recommendations but offer investors research, news,
blogs, RSS Feeds, online conferences, interviews and links to public companies
within the homeland security and defense sector.

The site also features a growing directory of Homeland Security and Defense Stocks
for independent investor research at:

Additionally, InvestorIdeas.com offers a service for security stock news and press
release submissions at: www.homelanddefensestocks.com/NewsUploader as well as
research and article submissions at:

InvestorIdeas.com Disclaimer: www.InvestorIdeas.com/About/Disclaimer.asp
Our sites do not make recommendations, but offer information portals to investors to
research news, articles, stock lists and recent research. Nothing on our sites
should be construed as an offer or solicitation to buy or sell products or
securities. We attempt to research thoroughly, but we offer no guarantees as to the
accuracy of any information presented. All information relating to featured
companies is sourced from public documents and/ or the company and is not the
opinion of our web sites. This site is compensated by featured companies, news
submissions and online advertising. InvestorIdeas.com is not compensated by the
Spade Defense Index.

For more information contact:

Dawn Van Zant 800.665.0411
Email: dvanzant@HomelandDefenseStocks.com

Ann-Marie Fleming 866.725.2554
Email: afleming@HomelandDefenseStocks.com

Source: HomelandDefenseStocks.com, SPADE Defense Index

Web Site = http://www.homelanddefensestocks.com

Contact Details = Dawn Van Zant 800.665.0411
Email: dvanzant@HomelandDefenseStocks.com

Ann-Marie Fleming 866.725.2554
Email: afleming@HomelandDefenseStocks.com

  • Printer Friendly Format
  • Back to previous page...
  • Back to home page...
  • Submit your press releases...