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RE: Northrop Grumman
| 03.02.2019, 21:48 (Dieser Beitrag wurde zuletzt bearbeitet: 03.02.2019, 21:56 von Ca$hmandt.)
Bull of the Day: Northrop Grumman
With an annual budget north of $4.4 trillion, The U.S. is the largest single consumer of virtually everything it purchases. The defense portion of U.S. expenditures naturally rises in time or war, but with conflict in Iraq and Afghanistan greatly reduced, had settled into a range between $560 and $600 billion annually during the second term of the Obama administration.
As of 2016, the United States accounted for more than a third of global defense spending and it’s been on the rise since then.
President Trump campaigned on a promise to “rebuild our depleted military” and in office, he’s living up to that promise.
In August 2018, Trump signed into law the 2019 National Defense Authorization Act, committing $716 billion to defense spending during the fiscal year. Even when other budget consideration remain unresolved, Congress and the President have an easy time agreeing on defense spending.
...
https://www.zacks.com/commentary/210106/...op-grumman
With an annual budget north of $4.4 trillion, The U.S. is the largest single consumer of virtually everything it purchases. The defense portion of U.S. expenditures naturally rises in time or war, but with conflict in Iraq and Afghanistan greatly reduced, had settled into a range between $560 and $600 billion annually during the second term of the Obama administration.
As of 2016, the United States accounted for more than a third of global defense spending and it’s been on the rise since then.
President Trump campaigned on a promise to “rebuild our depleted military” and in office, he’s living up to that promise.
In August 2018, Trump signed into law the 2019 National Defense Authorization Act, committing $716 billion to defense spending during the fiscal year. Even when other budget consideration remain unresolved, Congress and the President have an easy time agreeing on defense spending.
...
https://www.zacks.com/commentary/210106/...op-grumman
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