President Trump’s Plans For The Military: How The New Commander-In-Chief Could Give Defense Companies A Boost
December 8, 2016
Major defense companies’ stocks shot up in the wake of Donald Trump’s election victory, and for good reason, as experts predict firms like Lockheed Martin and General Dynamics will win hefty contracts and boost hiring in line with the president-elect’s military expansion plans. But for that defense sector growth to occur, Trump faces an uphill battle convincing Democrats and fiscal conservatives in Congress that increasing the nation’s defense budget by billions of dollars is smart policy.