Lockheed Martin Leads Defense Stock Rally as Trump Calls For Military Spending Surge
The gains for defense stocks Thursday reverse losses they suffered on Wednesday, after Trump said the companies shouldn't spend money on stock buybacks and dividends but instead focus resources on improving and speeding up their manufacturing processes. Key Takeaways Shares of several defense contractors took flight on Thursday after President Donald Trump said that the federal budget for the military should increase significantly. "For the Good of our Country, especially in these very troubled and dangerou ...