Cobham revenue to fall in 2013

Defence technology supplier Cobham has predicted a drop in revenues in 2013 as it is hit by the fall un US defence spending.

Defence technology supplier Cobham has predicted a drop in revenues in 2013 as it is hit by the fall un US defence spending.

The firm also said that a change in its sales mix and new investments would mean lower operating margins next year than are expected in 2012.

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