Defense Firms Fall as Democratic Victory Stokes Fears of Tighter Pentagon Budget - Regional Media News
5 Articles
5 Articles
Defense firms fall as Democratic victory stokes fears of tighter Pentagon budget - Regional Media News
By Aatreyee Dasgupta Nov 4 (Reuters) - US defense shares fell on Wednesday as the Democrats' resounding midterm election victory stoked concerns about increased pressure on the Pentagon's spending plans. Shares of Lockheed Martin were down 6.5%, RTX declined over 4% and L3Harris Technologies fell [...]
The actions of large American companies in the defense industry recorded strong decreases on Wednesday, after the victory of the Democrats in the U.S. Congress elections, which amplified investors' fears of reducing plans to increase military spending promoted by President Donald Trump.
The actions of large American companies in the defense industry recorded strong decreases on Wednesday, after the victory of the Democrats in the U.S. Congress elections, which amplified investors' fears of reducing plans to increase military spending promoted by President Donald Trump, reports Reuters.
The headlines of the big defense companies have recorded significant decreases on the US scholarship. Victoria Democrats question plans to increase the massive military budget to 1,500 billion dollars, promoted by the Administration.
The actions of large American companies in the defense industry recorded strong decreases on Wednesday, after the victory of the Democrats in the U.S. Congress elections, which amplified investors' fears of reducing plans to increase military spending promoted by President Donald Trump, reports Reuters.
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