Fiscal-cliff fears trigger potential bonanza for Lockheed, region's military contractors

In the weeks leading up to the dreaded "fiscal cliff," the U.S. military flung open its coffers and awarded a slew of defense contracts before Jan. 1, when automatic spending cuts had been scheduled to take effect. Agencies within the Department of Defense committed billions of dollars to the contract pipeline in December — for everything from fighter jets and missiles to training simulators and construction projects.

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