Defense

Defense spending on decrease, but industry reports gains

The Defense sector isn\'t getting any smaller

Federal News Network Staff

August 2, 2010 4:06 pm

< a min read

Forget everything you’ve heard. Despite Gates’s efforts to rein in defense spending, the industry is doing just fine, thank you.

Northrop, Lockheed and General Dynamics are reporting increased profits for the second quarter, reports the Washington Post.

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