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Defense Stocks May Not Be Defensive Stocks

|Includes:GD, Lockheed Martin (LMT), NOC, RTN

As a result of the 2011 Budget Control Act, which will take effect in January 2013, the U.S. Department of Defense must reduce spending by $450 billion over 10 years, and this number could expanded to more than $950 billion. In addition, product demand from defense manufacturers will likely worsen as the U.S. continues to withdraw troops from Afghanistan. Below are several defense stocks to consider and how thy might be affected in the future...

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Stocks: LMT, NOC, RTN, GD