LMT's jet is specifically mentioned in the bill which should result in a large sum sale to boost their profits. This is a good long term hold as well as a good trade short-term for the recently passed defense bill via congress overturning Trump's veto. RTX
, which is Raytheon
and united technologies
combined in a merger, both organizations have had longstanding relationships with the military.
I see LMT
returning to recent highs which makes for a pretty decent trade and it could recover further for those that go long.