February 08, 2013 at 14:12 PM EST
Another View of the Sequester and Defense Stocks
Shares of leading defense companies have fallen over the past couple of weeks, as investors have begun to focus on the possible impact of the drastic federal budget cuts coming into effect on March 1. The market hasn’t been as sanguine as executives at Northrop Grumman (NOC), General Dynamics (GD) and Lockheed Martin (LMT) — since Jan. 24, General Dynamics [...]
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