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FACTBOX-ARMS TRADE-Business sectors that stand to gain

Thu Jun 11, 2009 5:24pm EDT

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(Reuters correspondents worldwide are looking this week at how recession and changing threats are affecting the global arms trade. For highlights, please double-click on [ID:nARMS])

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June 11 (Reuters) - The U.S. Defense Department is seeking to kill or scale back some weapons programs as it looks to better equip the military to fight insurgents in places like Afghanistan.

Below is a list of sectors that are likely to be targeted for greater spending, and companies that could benefit:

Business/Technology Company

Intelligence Axsys Technologies AXYS.O

FLIR Systems (FLIR.O)

Intelligence gear Argon ST (STST.O)

Applied Signal Tech (APSG.O)

Cybersecurity/ ManTech International (MANT.O)

information technology CACI International (CACI.N)

NCI Inc (NCIT.O)

SAIC (SAI.N)

Unmanned aerial vehicles Northrop Grumman (NOC.N)

Boeing Co (BA.N)

AeroVironment Inc (AVAV.O) (Source: Analyst reports, Thomson Reuters reporting)

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