Digging Out The Aerospace + Defense Company Values

Listed on the American Stock Exchange, the SPADE Defense Index [AMEX: DXS] is designed to benchmark the value that the markets ascribe to companies involved with defense, homeland security, aerospace, and space. The Index forms the basis of the PowerShares Aerospace & Defense Portfolio ETF [AMEX: PPA], an exchange traded fund that has attracted more than $250 million in assets under management. The May 2008 issue of The SPADE Investor newsletter is now available. This publication is designed provide information, statistics, trends, and commentary related to the defense, homeland security, and space market as well as keep you informed about changes and developments associated with the SPADE Defense Index and related products (ETFs, options, etc.) In this issue is an interview with Lockheed Martin CEO, Robert Stevens; forthcoming Defense Contract Recompetes and Program Competitions; a commentary entitled Are Defense Stocks Undervalued?; the 1Q08 Revenue & Profit Summary; the FY-09 DoD Discretionary Budget; as well as industry statistics, news, and major contract awards. Access the issue here…