Donald Trump’s upset victory Tuesday has brought joy to the defense industry.
Here’s a snapshot from Google Finance.
General Dynamics:
Raytheon:
Lockheed Martin:
Boeing:
Trump campaigned on maintaining a strong military, but also voiced some skepticism about overseas military engagements and overpayments to defense contractors. The defense stocks surging is a sign that investors believe that Trump will be significantly more supportive of their priorities than he may have let on.
Top photo: Trump speaking aboard the World War II Battleship USS Iowa on Sept. 15, 2015.
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