Terrorists scored a direct hit on the American economy, sending it spiraling into recession. The nation’s defense contractors are a rare bright spot, with the stocks of many soaring by nearly 30 percent in the past month. Analysts are predicting that the defense budget will increase 66 percent to $500 billion by 2005. But the military build-up won’t follow the old formula of cranking up production of tanks and battleships. In the war against terrorists, it’s software engineers who are the architects of the Arsenal of Democracy. Full Story
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