Major contractors' revenue down, but earnings better than expected

Investor Place finds aerospace and defense contractors reported mixed third-quarter earnings, but that revenue beat most estimates.

Boeing earned $1.3 billion, General Dynamics earned $600 million, Northrop Grumman earned $6.27 billion, and Lockheed Martin earned $11.87 billion, according to Investor Place. All of those numbers are down compared to the third quarter of 2011.

The Washington Business Journal's Jennifer Nycz-Conner discussed those findings and other topics on Capital Insider.