RECENT NEWS
CNNMoney.com  May 10  Comment 
Mitt Romney is campaigning on a platform that emphasizes less spending, smaller deficits and renewed fiscal responsibility.
Bloomberg  May 8  Comment 
  House Panel Reduces Aid for Poor to Avoid Defense Cuts ...
CNNMoney.com  May 7  Comment 
Surprise! The budget battles are back.
Bloomberg  May 7  Comment 
  Lawmakers Seek $3.1 Billion More for Defense Than Obama ...
MarketWatch  Apr 27  Comment 
The U.S. economy slows to a 2.2% growth rate in the first quarter, well below economist expectations of a 2.7% growth rate. Weaker business spending is the chief culprit, along with slower government expenditures, especially in the defense sector.
TheStreet.com  Mar 4  Comment 
Congresswoman Marsha Blackburn (R., Tenn.) says to freeze or cut everything else.
Benzinga  Feb 27  Comment 
Sterne Agee reiterates its Neutral rating on Harris Corp (NASDAQ: HRS) as the company continues shaping its portfolio. Sterne Agee notes, "We would anticipate HRS to continue to pursue portfolio shaping activities given the difficult defense...
Benzinga  Feb 24  Comment 
A story on Covestor details five reasons why defense stocks could outperform. The article, by Michael Tarsala, states that, when Russian President Vladimir Putin spends $770 billion on 400 new nukes and 2,300 new tanks, that is a challenge to...




 

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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