Seeking Alpha

Like healthcare companies dependent on Medicare, defense contractors such as LMT, NOC, GD, RTN...

Like healthcare companies dependent on Medicare, defense contractors such as LMT, NOC, GD, RTN have a lot to lose from the recent budget deal. After soaring from $220.6B in 2001 to $551.8B in 2009, the value of government contracts fell slightly to $532B last year, and is likely to drop further in the coming years.
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