City of Industry, CA --(www.USEquityNews.com)-- 10/26/2007 - Defense industry alert provided by U.S. Equity News. Business was good for The Boeing Co. (NYSE: BA) in the third quarter. The company is reporting net earnings of $1.1 billion, a 61 percent increase over the third quarter of 2006. That's an increase of $1.44 per share. Revenue was up 12 percent to $16.5 billion. The company attributes the growth to higher deliveries of commercial airplanes and increases in its defense business.

Raytheon Co. (NYSE: RTN), which has its missile division and 10,000 workers in Tucson, reported a 7 percent dip in third-quarter profits compared with the same period last year. The Massachusetts-based defense company reported net income of $299 million on $5.4 billion in sales for the quarter ended Sept. 30, compared with revenue of $321 million on sales of $4.9 billion for the year-earlier period.

Lockheed Martin (NYSE: LMT) has won two of five awards given annually by the Department of Defense and the National Defense Industrial Association (NDIA) for excellence in systems engineering. Lockheed Martin Systems Integration, Owego, NY, and Lockheed Martin Mission and Combat Support Solutions, Valley Forge, PA, each received the NDIA's Top 5 DoD Program Award for 2006. The U.S. Air Force was the co- recipient for both programs.

Emergency Disaster Systems, Inc., a subsidiary of U.S. BioDefense, Inc. (OTCBB: UBDE), recently attended "The 2nd Annual National Emergency Preparedness Conference." The conference was held at the Capital Christian Conference Center and Disaster Exercise Location, Sacramento, CA. Attendees included people with volunteerism and emergency readiness: volunteers, emergency responders, program coordinators, community organizers, emergency management administrators, and government agencies.

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