RECENT NEWS
Clusterstock  Feb 24  Comment 
The US continues to hold the indisputable  top spot in defense spending, designating more than the combined expenditures of the top 15 nations according to an annual report from the International Institute for Strategic Studies. The...
Yahoo  Feb 19  Comment 
BAE Systems (BAES.L), the world's third-largest defense contractor by revenue, said it believed the worst was over for spending cuts in its key U.S. market as it forecast that earnings would return to growth in 2015. Its profits have been hit in...
MarketWatch  Jan 29  Comment 
President Barack Obama will send Congress a fiscal year 2016 budget next week proposing both military and domestic spending at levels surpassing the limits lawmakers agreed to in a 2011 deal.
Reuters  Dec 9  Comment 
Indonesia's defense spending could grow to $20 billion a year by 2019 to protect its sovereignty, including an area of the South China Sea near China's claims, an adviser to new Indonesian President Joko Widodo said on Tuesday.
New York Times  Dec 2  Comment 
A new push in the Senate has complicated efforts to pass a defense spending bill, threatening a piece of bipartisan legislation that needs approval before the end of the year.




 

Defense spending is the amount the sovereign of a country invests in weapons, weapon systems, and soldiers.

It is impossible (today) to get perfect exposure to increases in defense spending, because not all beneficiaries of increases are private companies - i.e., increases in defense spending could be used for increases in soldiers' salaries. (However, PMCs are becoming more widespread at it is not impossible to imagine a time when all soldiers are private contractors.)

Major defense companies include Lockheed Martin (LMT) , Raytheon Company (RTN) and Boeing Company (BA). Defense companies that focus on software include SAIC (SAI). One OTCBB listed security within the defense sector is Sector 10 (SECT).

iShares ETF (ITA)

Trends in US Spending

Largest Spenders

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