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LeBow, a long time chairman of tobacco holding company Vector Group, will actively participate in his investment as he will take over chairmanship at Borders Group.
FORBES: LeBow Bags Some Borders, Dilution Ensues
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They know that defense equities are a great hedge against downturns in the commercial business cycle, but right now the economy is expanding, and past experience suggests that once military spending heads down, it tends to stay on that vector for a long time.
FORBES: After Bin Laden, What Next For The Defense Industry?
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The Scottish Government said it was an isolated case and the virus was not circulating between susceptible animals as vector activity was low at this time of year and in the current temperatures.
BBC: RELATED BBC SITES
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Given all new labs and a new charter by Mikhail Gorbachev in 1987, Vector "weaponized" new strains of smallpox at a time when the World Health Organization declared the disease eradicated worldwide.
CENTERFORSECURITYPOLICY: Center For Security Policy
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As a business, we've been on a very rapid transformational journey not on one vector but on three or four different vectors at the same time.
WSJ: Tata Unit Seeks Profile Boost Via F1 Deal
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But the downward vector in sector revenues is now set, and it is just a matter of time before earnings follow unless contractors can find new customers outside government.
FORBES: Defense Industry Needs To Get Serious About Diversifying