Is it time to buy defense contractor stocks? A Trump Presidency could be good for defense contracts.

Trump has a plan for government workers. They’re not going to like it.

President-elect Donald Trump and the Republican-controlled Congress are drawing up plans to take on the government bureaucracy they have long railed against, by eroding job protections and grinding down benefits that federal workers have received for a generation.

Hiring freezes, an end to automatic raises, a green light to fire poor performers, a ban on union business on the government’s dime and less generous pensions — these are the contours of the blueprint emerging under Republican control of Washington in January.

But civilians who have money to invest could benefit from this trend. Someone will have to do the job whether it's privately funded or not. SpaceX might replace NASA or it might not.

So which contractors make it to the "Friends of the US Government" list?

The top 5

  1. Lockheed Martin Corporation
  2. The Boeing Company
  3. Raytheon Company
  4. General Dynamics Corporation
  5. Northrop Grumman Corporation

References
https://en.wikipedia.org/wiki/Top_100_Contractors_of_the_U.S._federal_government

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