L-3 posts a 5% rise in first-quarter profit:

"L-3 Communications said Thursday its first-quarter profit climbed 5.3% on growth in its intelligence, surveillance and reconnaissance businesses to the U.S. government."

Gee, I wonder if the Establishment talking heads will be promoting this latest "good" economic news as they did with the recent faux good news about the banking sector "profits"?

[Thanks to Mark Fee for sending this]