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Jul 25, 2014  
Defense Spending Under Pressure
The Bipartisan Budget Act of 2013 capped the federal government’s FY14 spending at $1.012 trillion and eliminated several budget cuts that had been mandated under sequestration. Defense discretionary spending is now set at $520.5 billion for FY14, up from $498.1 billion before the budget agreement. The FY15 defense spending cap was also raised. This news was well received by ...

Honeywell International Inc (HON)   BUY

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Jul 25, 2014  Market watch :  HON
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