Shares of companies in the aerospace and defence sector has grown considerably in price at the end of trading in the U.S. after winning Donald trump in the presidential election. Thus, the paper Raytheon rose by 7.47% to $146,71, Lockheed Martin — by 5.97% to $253,46, Northrop Grumman — by 5.41%, to $242,3, General Dynamics — by 5.4%, to $162,09, Boeing — on 2,08%, to $145,09. This writes the RNS.
These companies are expected to benefit from the growth of defense spending at the trump.
On the other hand, caused by his election uncertainty, according to industry representatives, is not so great.
According to the CEO of the Aerospace Industries Association (this Association represents more than 300 companies in the aerospace and defence sector), David Melcher, “for the new President will be difficult to come by and say: “I break the contract””. “I don’t think it will happen”, — quotes its words Reuters.