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Tags: | Donald Trump | Daniel Lorenz Johnson | Chris Kubasik | Erik Prince | Bill Farmer | General Dynamics | Apollo Global Management | Information Systems | L 3 Technologies Inc | Republican Party |
Rising U.S. government spending on the Pentagon is fueling a spree of deal making among defense companies. The U.S. Republican party’s willingness to boost the Pentagon’s budget to nearly 700 billion dollars last year, along with December’s corporate tax cuts, is also pushing up valuations for lesser known companies in the sector. On Monday, the same day that U.S.