The Senate yesterday unanimously approved a bill authorizing $631.4B for defense spending for...
The Senate yesterday unanimously approved a bill authorizing $631.4B for defense spending for this fiscal year, slightly below the House's $635.2B package. The Senate measures face a veto threat from President Obama over an amendment related to Guantanamo Bay detainees. Should Obama sign the act into law, contractors that would benefit include Huntington Ingalls Industries (HII), Boeing (BA) and GD (GD).
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