U.S. defense industry braces for leaner times

December 1, 2011 | BUSINESS

NEW YORK (Reuters) – U.S. weapons makers told investors this week that they are doing all they can to prepare for leaner U.S. defense budgets, including redoubling their efforts to cut costs, drum up export sales and sell more goods to commercial clients. Industry executives and Pentagon officials say they are still sorting out the potential impact of an additional $600 billion in defense cuts …
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