Worries over the sequester and looming defense belt-tightening notwithstanding, President Obama's proposed 2014 defense budget made surprisingly few cuts to defense spending. And, believe it or not, one area of defense spending -- buried deep in the details -- is actually booming.
In this video, Fool contributor Rich Smith points out the numbers that show a surprising increase in spending on bombs and missiles -- and he'll name names for all the companies poised to profit from it.
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