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How cuts in federal spending could hit defense stocks: Wells Fargo

Jan. 18, 2023 8:45 AM ETNorthrop Grumman Corporation (NOC), GD, RTX, BA, GE, TXTBy: Rob Williams NY, SA News Editor27 Comments

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The United States on Thursday is on track to reach its borrowing cap of $31.4 trillion and congressional debate about raising the limit is likely to offer hints about the direction of defense spending, according to analysts

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