US Defense Giants Brace for Trump ‘Chaos': Industrial Strength

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Conventional wisdom says that Republican presidents tend to be better for the business of bullets, bombs and fighter jets. The actual data is more muddled, suggesting that the geopolitical threat environment plays a bigger role in determining defense spending than who sits in the White House. But nevertheless, little about a second Trump administration is expected to be conventional.

A custom Bloomberg basket of nine large US defense contractors has declined more than 4% since Donald Trump was declared the winner of the US presidential election, ...