
The U.S. defense budget just got a historic boost and Goldman Sachs believes a group of arms contractors could be primed for a surge in revenue, growth and market interest as the Pentagon begins deploying its $156.2 billion in fresh funding.
Following President Donald Trump's July 4th signing of the "One Big Beautiful Bill Act," the Department of Defense is set to receive targeted appropriations for core programs such as shipbuilding, missile defense, nuclear systems and low-cost autonomous technologies.