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Opening Glance: Aerospace and defense stocks

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April 29, 2008

NEW YORK—Shares of aerospace and defense companies are mixed in morning trading, with Honeywell stock slipping after the company agreed to buy Metrologic Instruments Inc.

Honeywell International Inc. will pay $720 million to buy Metrologic, which makes hardware and software used in data capture and collection.

Tuesday morning results for stocks in the sector included:

Honeywell fell 77 cents to $59.69.

Boeing Co. added 80 cents to $85.78.

Precision Castparts Corp. lost $2.16 to $118.39.

Northrop Grumman Corp. picked up 74 cents to $74.02.

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