FALLS CHURCH, Va. (AP) — The defense contractor General Dynamics will spend almost $7 billion to acquire CSRA with the Trump administration pushing defense spending aggressively higher.
Shares of CSRA Inc., an internet technology company, soared 31 percent in midday trading.
As part of a $4.4 trillion budget for next year unveiled Monday, President Donald Trump requested a record $686 billion for the Pentagon, a 13 percent increase from the 2017 budget enacted last May.
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