Defense Contractor
Appears in 1 story
Singled out by Trump as "least responsive," stock up 4.8% anyway
Trump wants to spend $1.5 trillion on defense in 2027—a jaw-dropping 66% jump from this year's $901 billion. One day he banned defense contractors from stock buybacks until they deliver weapons on time. The next day he promised them a gold rush. Defense stocks whipsawed, then surged: Northrop up 8.3%, Lockheed 7.9%.
Updated Jan 13
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