Reported 3 days ago
The aerospace and defense sector is expected to undergo significant changes under the Trump administration, particularly with the confirmation of Pete Hegseth as Secretary of Defense. Wall Street experts predict an increase in defense spending, influenced by viewpoints from Republican lawmakers on military budgets and GDP growth. Major defense contractors like Boeing, Lockheed Martin, and Northrop Grumman are likely to be affected in this evolving landscape.
Source: YAHOO