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Pentagon budget

2 articles
BenzingaBenzinga··Namrata Sen

Trump Defends $200B Pentagon Boost as Defense Giants Ramp Up Production

Trump backs $200B Pentagon budget increase citing Ukraine aid costs and depleted ammunition. Lockheed Martin and Raytheon expanding production at record levels.
LMTRTXTrump administrationdefense spending
BenzingaBenzinga··Erica Kollmann

Iran Tensions Propel Defense Stocks Higher as Pentagon Boosts Weapons Orders

Geopolitical tensions with Iran spike oil prices above $110/barrel, triggering market volatility but boosting US defense contractors amid surging Pentagon munitions demand.
LMTRTXLHXNOCGDoil pricesdefense contractors