U.S. arms export boom under Obama seen continuing with Trump
By Mike Stone and Patricia Zengerle WASHINGTON (Reuters) - U.S. defense contractors, which saw international sales rise strongly under President Barack Obama's administration, can expect a continued boom in arms exports under Donald Trump, aided by persistent security risks in the Middle East and rising tensions in Asia and Europe. Shares of major defense contractors, including Raytheon Co. , Northrop Grumman Corp and General Dynamics hit lifetime highs, on Wednesday as investors bet on higher P
Read more »