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Why Northrop Grumman Stock Dropped Today

Source: fool.com

Elections & Domestic PoliticsFiscal Policy & BudgetInfrastructure & Defense
Why Northrop Grumman Stock Dropped Today

Democrats won control of both the U.S. Senate and House in the midterm elections. The Pentagon was already preparing for its record $1.5 trillion defense budget request to be reduced to $1.1 trillion; the article does not say that the reduction has been finalized.

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