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This post was written by Minyanville contributor Fil Zucchi.To highlight defense names in the face of the current spending priorities feels like soaking in gasoline and walking around smoking a cigarette. With that visual as a backdrop, it is also fair to say that Obama is probably just as focused on protecting the motherland as Bush was, and, much as he may dislike it, that will force continued if not increased spending in certain areas of defense. The one name I have been drooling over for years and which is finally coming together in many respects is L-3 Communication (NYSE: LLL).
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