Industry & Services >> Analyst Interviews >> June 17, 2016

Macroeconomic Uncertainty Benefits Defense Companies, Negatively Impacts Airlines

DeNardi, Joseph W.
Joseph W. DeNardi is a Vice President in the transportation & logistics sector, covering airlines, and in the aerospace & defense sector, covering defense & government services at Stifel, Nicolaus & Co., Inc. Mr. DeNardi joined Stifel, Nicolaus & Co., Inc. in 2008 and is based out of the Baltimore office. Before launching coverage, Mr. DeNardi served as an Associate Analyst supporting the research of the aerospace, defense and government services industries. Mr. DeNardi is a graduate of the College of William and Mary and holds a master's degree in finance from Loyola University. Profile
TWST: Let's start with an overview of your coverage universe.

Mr. DeNardi: We cover all of the large-cap defense companies and a couple of the small cap: