Biden’s defense budget boosts tech spending, analysts say (NYSE:LMT)

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President Biden’s proposed defense budget for the next fiscal year is likely to benefit technology suppliers amid spending constrains imposed by Congress, according to defense-industry analysts at several financial-services firms.

Within the request for a 1% increase to about $850 billion, the Pentagon

AnalystsBidensBoostsbudgetDefenseNYSELMTSpendingtech
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