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ManTech Leads Companies Seen Losing Sales on U.S. Debt Deal

Nine of the biggest names in the U.S. defense industry receive more than 70 percent of their revenue from the federal government and have the most to lose in the budget cuts approved by Congress this month, according to data compiled by Bloomberg.

For these defense contractors, it’s a replay of the 1990s, when the Cold War ended and the Pentagon slashed spending by a third. For government contractors in all industries, however, the stakes are significant.