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Nobody spends money on arms like the USA - here's how defense giants are doing

Amanda MaciasOct 26, 2016, 21:16 IST

US Navy

WASHINGTON, D.C. - There's no business like America's arms business.

Defense industry giants Lockheed Martin, Boeing, General Dynamics, and Northrop Grumman posted third-quarter earnings (Raytheon will release earnings on Thursday).

Here's a look at how they did.