Despite Crusader Woes, United Defense Officials Optimistic On Prospects For Growth

By John Liang / July 26, 2002 at 5:00 AM
Despite the Pentagon's termination of the Crusader field artillery system, United Defense Industries officials are confident they can still achieve their growth targets for the rest of the year. "I remain optimistic that we can stay on track to achieve the growth that we have projected for the year," UDI President and Chief Executive Officer Tom Rabaut told investment analysts yesterday during a conference call on the company's second-quarter earnings. "We're also pleased that the rating agencies kept our debt...

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