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If I was a defense minister in Western Europe right now I'd go looking at whatever the Dassault, Saab or other European based defense tech can provide. I'd also
by Simon_O_Rourke 2y ago
If I was a defense minister in Western Europe right now I'd go looking at whatever the Dassault, Saab or other European based defense tech can provide. I'd also immediately halt any pilot training in the US. I can see shares in Raytheon, Lockheed, etc. taking losses in the next couple of quarters, I mean here we have a president that won't even spend money on its own defense tech for export, and is now actively shutting down that export market.
- insane_dreamer 2y agoIt's hard to feel sorry for Raytheon Lockheed and the like, but it's looking like they should have thrown a few tens of millions at Trump's inauguration. It's pay to play now.
- alienthrowaway 2y agoWhich is why EU defense company share prices have been on a tear. The only US defense contractor that had a good week/month is SpaceX.