SINGAPORE — The U.S. government’s decision to deploy more of its forces to Asia, particularly to areas in and around the South China Sea, may prove to be a boon for the U.S. defense industry. Major U.S. defense companies such as Boeing and Lockheed Martin are hoping to derive more international sales to offset the decline in U.S. defense spending, and the U.S. Navy is already lobbying countries in Asia to ensure that their maritime vessels and equipment are interoperable with the ...

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