Fabs Still Uncertain about Near-Term Pentagon Spending

摘要

The largest printed circuit fabricators in the US are offering a slightly improved outlook on the state of defense spending, according to their recent quarterly statements. Booking trends are generally on the upswing at TTM Technologies, Sanmina and Multek, although the picture remains muddied. The military sector is considered by many bare board fabricators to be a key end-market because it tends to drive higher margins and is protected from external competition.