Evelyn Farkas 5.0 3 ideas

Executive Director, McCain Institute
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"We just learned in the first six days the tab reached 1.3 billion... We are hearing anywhere between $50 billion and 100 billion dollars the administration will need... if we are expending the same types of ordinance on the targets, which is really expensive." The rapid depletion of advanced, expensive munitions in the Middle East conflict will force the Pentagon to issue massive replenishment contracts to prime defense contractors to rebuild U.S. stockpiles. LONG. A guaranteed surge in government defense spending directly translates to expanding backlogs, higher margins, and long-term revenue visibility for major weapons manufacturers. A sudden diplomatic resolution to the conflict or congressional gridlock preventing the passage of supplemental defense funding.
RTX LMT NOC Bloomberg Markets Mar 12, 23:55
Executive Director, McCain...
Evelyn Farkas (Executive Director, McCain Institute) | 3 trade ideas tracked | LMT, RTX, NOC | YouTube | Buzzberg