Last year, total military expenditure increased 3.7% on a year-on-year basis to $2.24 trillion. Further, military spending in Europe saw the steepest increase on a year-on-year basis in the last 30 ye

4 Stocks That Moved the Market in September

10:12am, Monday, 16'th Oct 2023
Some retailers and cyclical stocks struggled because of concerning economic news. Growth stocks with expensive valuations dropped more than the market as a whole.
The bloody attack on Israel and inevitable retaliation have turned defense stocks into a gauge of the geopolitical risks perceived by financial markets. For now, it is flashing amber rather than red.
Dow Jones Industrial Average stocks to watch in the stock market today.

Boeing expands inspections for 737 Max defects

10:14am, Friday, 13'th Oct 2023
"Boeing (BA) shares tick down during Friday's morning trading session as the airplane manufacturer expands its inspections for defects in 737 Max jets. These defects have weighed Boeing delivery figur
The 737 MAX aft bulkhead fastener hole problem is growing. It means more work which slows down deliveries.
The C919, China's midrange answer to Boeing's 737 and Airbus' A-320, faces a long haul before it makes a dent in its rivals' duopoly. Boeing still has reason to worry.
Boeing and Spirit Aerosystems earlier this week expanded the scope of their ongoing inspections related to aft pressure bulkhead structure on the 737 Max 8 aircraft, the Air Current reported on Thursd
Lockheed Martin, RTX, Boeing and L3Harris Technologies are part of the Zacks top Analyst Blog.

Defense Stocks Are Heating Up: Here's the Top 3

06:25am, Thursday, 12'th Oct 2023
Despite having plunged more than 10% through September and into October, the iShares U.S. Aerospace & Defense ETF BATS: ITA has been bouncing back hard this week.
The Boeing Company stock performance has been weak due to lower outlook for key supplier Spirit AeroSystems and lower Boeing 737 delivery numbers. Reasons to buy Boeing stock include a backlog of over
Strong 787 deliveries in September offset more painful news on Boeing's top-selling 737 jet. Boeing stock edged higher.
Wall Street analysts generally feel the direct impact of the conflict on defense stocks will be small, but will improve the way investors view the sector.
The unprecedented assault by Hamas and the retaliatory strikes from Israel are poised to be beneficial for U.S. defense stocks like LMT, RTX, BA and LHX.
Boeing's (BA) third-quarter 2023 delivery numbers fall 6.3% in commercial shipments to reach a total of 105 jets. Boeing also lags Airbus in terms of delivery numbers.
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