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The Pentagon Wants to Quadruple Missile Production. That’s a Big Win for This 1 ‘Strong Buy’ Stock.
Yahoo Finance· 2025-10-03 00:03
The U.S. Department of Defense has issued an urgent call to America's missile makers: dramatically ramp up production to meet growing global threats. This directive constitutes a seismic shift in defense spending that could deliver massive gains for Boeing (BA), which holds some of the military's most critical missile contracts. Recent reports show the Pentagon aims to secure capacity for nearly 2,000 PAC-3 missiles from fiscal years 2024 to 2026 with a new $9.8 billion contract to Lockheed Martin (LMT). ...