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Closing Glance: Aerospace and Defense



By AP
29 May 2008 @ 04:22 pm EST

NEW YORK - Shares of aerospace and defense companies mostly traded higher Thursday as the market edged up.

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Quotes
LMT 72.68 4.71
RTN 47.94 2.43
NOC 37.93 3.73
BA 39.58 2.47
COL 30.39 2.07
GD 51.95 3.15
GR 28.13 1.62
HON 25.38 1.71
LLL 63.93 4.61
PCP 51.63 1.14
UTX 46.67 3.45

SYMBOL LOOKUP

Oil prices fell, and stocks reacted positively after the Commerce Department said the economy grew 0.9 percent in the first quarter, which was above its earlier estimate of 0.6 percent.

Here are results for a few key stocks in the sector:

Lockheed Martin Corp. rose $1.34 to $108.61.

Raytheon Co. rose 57 cents to $63.46.

Northrop Grumman Corp. rose 51 cents to $74.85.

Boeing Co. fell 2 cents to $82.11.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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