Cobham Seeks Aerospace Deals to Pad Defense Decline

Cobham Plc said it is seeking acquisitions in the field of commercial aerospace to help the world’s largest maker of airborne-refueling equipment ride out a prolonged drop in U.S. defense spending.
U.S. Companies Add 201K Jobs: ADP
00:37 - Bloomberg's Olivia Sterns and Erik Schatzker reports on today top news stories. They speak on “Bloomberg Markets.” (Source: Bloomberg)
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