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According to reports, U.S. Defense Secretary Leon Panetta will unleash the department's...

  • Wednesday, January 4, 2012, 10:36 AM ET
    According to reports, U.S. Defense Secretary Leon Panetta will unleash the department's eight-month review of possible spending cuts on Thursday. Defense industry-related ETFs ITA and PPA have both gained over the last month, but could be tested if the report comes down harsher than expected.
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