The shares of major U.S. defense contractors have been on a downward spiral due to a global military bo-m that has seen European counterparts’ stock prices soar. This decline in the U.S. defense industry is largely attributed to the legislative deadlock in Washington, which has created uncertainty around government spending.
https://www.tradingview.com/news/benzinga:8d97a6ae5094b:0-top-us-defence-contractors-lockheed-martin-and-raytheon-shares-dip-amid-budget-woes-while-european-firms-surge/