Channel News Asia  Jul 28  Comment 
The US economy gathered speed in the second quarter, more than doubling the growth pace of the first three months of the year as consumer and defense spending accelerated, according to data released Friday.
MarketWatch  Jul 18  Comment 
House Republicans’ budget plan would boost defense spending by more than President Donald Trump’s proposal, but would cut domestic spending by less than he would while also assuming lower economic growth.
Reuters  Jul 18  Comment 
Lockheed Martin Corp , the Pentagon's No. 1 weapons supplier, on Tuesday reported better-than-expected quarterly profit and said it expects increased defense spending under U.S. President Donald Trump to underpin its earnings this year.
MarketWatch  May 30  Comment 
President Donald Trump on Tuesday took Germany to task over trade and defense spending, met with the head of the Environmental Protection Agency and interviewed two more candidates to head the Federal Bureau of Investigation.
New York Times  May 25  Comment 
In a statement at the NATO headquarters in Brussels, President Trump said that members of the alliance must "finally contribute" their fair share to defense spending and that it was “not fair to the people and taxpayers of the United States.”
DailyFinance  May 23  Comment 
Filed under: News, Politics, White House Moving past the headline numbers — $1.7 trillion in spending cuts, massive reduction in the long-term for social safety net programs, and increased defense spending — many economists and political...
Motley Fool  May 6  Comment 
The "base" defense budget is only part of the picture.
Forbes  May 2  Comment 
President Trump lost the battle to get his defense spending proposals through. But, even so, this is a year of overspending on defense, guided by Congressional pork considerations.
Motley Fool  Apr 30  Comment 
Meanwhile, a 100% majority of recent presidents don't seem to care what voters think.


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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