Industry & Services >> Analyst Interviews >> December 23, 2002

Outlook For Defense & Aerospace: Eric Hugel – Stephens Inc

Eric Hugel, Vice President of Stephens Inc., follows the aerospace and defense industries. Prior to joining Stephens in July 2002, he was satellite services Research Analyst at Dresdner Kleinwort Wasserstein and also served as the aerospace and defense Junior Analyst. Before DKW, he was an Associate in the corporate finance department of the Industrial Bank of Japan. He began his career at Price Waterhouse as a Staff Accountant and later he was Senior Accountant in the firm's New York audit practice. He graduated from Lehigh University with a BS in Accounting and is a Certified Public Accountant. He has also completed Levels I and II of the Chartered Financial Analyst program. Profile
TWST: The performance of defense and aerospace stocks has been

very different in 2002. How do you view their respective

performance?

Mr. Hugel: You have to dichotomize between defense and

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