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Defense spending

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$680 billion for infrastructure
The Economist  12 hrs ago  Comment 
And other fantasies RYAN AVENT, who writes for our economics blog, wonders what would happen "if for one year — just one year — we allocated as much money for infrastructure as we did for defense?:With that...
Obama Signs Bill Adding Gays to Those Covered by Hate-Crime Law
Bloomberg  Oct 28  Comment 
President Barack Obama signed legislation today adding gays to the list of groups covered by the federal hate-crime law, the biggest expansion of such protections in decades.
Obama to sign 2010 defense spending bill
MarketWatch  Oct 27  Comment 
The White House says President Barack Obama would approve the Defense Department’s $680 billion budget for fiscal 2010, which includes funding to increase military personnel and support the ongoing conflicts in Iraq and Afghanistan.
[$] Defense Firms Face Harder Fight
Wall Street Journal  Oct 21  Comment 
Boeing and Northrop posted sound operating results for their defense businesses, but face uncertainty about Pentagon spending.
Defense spending shift to weigh on 2010 outlooks
Reuters  Oct 13  Comment 
Major U.S. defense contractors, braced for restrained U.S. spending and higher pension costs, are likely to forecast flat or slow growth for 2010, while commercial aerospace firms could offer more evidence that economic conditions are firming.
Obama Promises to Veto Unnecessary Defense Spending
Bloomberg  Aug 17  Comment 
(Update1) President Barack Obama said he will veto defense spending legislation if Congress includes funding for purchases such as the new presidential helicopters from Lockheed Martin Corp. that he said are not needed.
Fix America First: Opinion
TheStreet.com  Aug 10  Comment 
It defies logic as to why the U.S. is creating massive foreign-held debt while defending what seems to be the entire world with its military might.
House Denies Funding for More F-22s, Signaling End to Debate
Bloomberg  Jul 30  Comment 
The U.S. House today voted to block funding for more Lockheed Martin Corp. F-22 jets.
Europe defense spending set to fall in '09
MarketWatch  Jul 28  Comment 
Defense spending among European nations is projected to fall this year because of the financial downturn before rebounding in 2010, according to a Tuesday report from Jane's Industrial Quarterly. For 2009, Europe will spend 1.3%, or roughly $4...
Defense Bill That Includes Hate-Crime Expansion Passes Senate
Bloomberg  Jul 24  Comment 
The Senate approved a defense spending measure that includes most of the weapons program cuts sought by Defense Secretary Robert Gates and an expansion of the federal hate-crime law.
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 This article describes a concept which could impact a variety of companies, countries or industries. To see what companies and articles reference this concept page, click here.
 

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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