Sen. Rand Paul is seeking to force a vote on a key portion of $110 billion Saudi Arabia arms deal.
Additionally, the iShares U.S. Aerospace & Defense ETF (ITA) was rising Monday morning after this news.
Defense in the Trader Blitz
NEW YORK— Shares of the three major U.S. defense contractors rose to all-time highs in the first day of trading after President Donald Trump bestowed Saudi Arabia with a $110 billion arms deal. The agreement, which could expand up to $350 billion over 10 years, sent shares of Lockheed Martin Corp., Northrop Grumman Corp. and Raytheon Co. to unprecedented heights.
CNBC's Morgan Brennan reports the details of the defense deals brokered during President Trump's visit Saudi Arabia.
Howard Rubel, Jeffries managing director of equity research, discusses the impact of President Trump's trip to the Middle East on the defense sector and gives his top picks.
Jim Cramer rattles off his take on caller favorite stocks, including this defense play.
Long-time U.S. ally Saudi Arabia is pushing to diversify the country's arms suppliers and the Russians are very happy to help.
Jim Cramer shared his insight into Facebook’s after-hours pullback and how he thinks investors should approach the stock.
Jim Cramer rattled off his take on caller favorite stocks, including this drugmaker.
If you're a tech worker and you want to keep a good chunk of your salary, steer clear of San Francisco.
Top defense companies had first-quarter earnings calls this week and one common theme was management displeasure about the budget stalemate.
Some of the names on the move ahead of the open.
A US government shutdown could cause massive Pentagon furloughs and impact contractors
Jim Cramer added some color to a stock that has the potential to paint profits on Wall Street.
Jim Cramer speeds through his take on caller favorite stocks, including this health products retailer.
The U.S. missile attack on Syria is unlikely to deter North Korea's nuclear-weapons development and could embolden the regime in Pyongyang.
The Tomahawk missile has proven to be working horse for the U.S. Navy but the Obama administration once looked to cut funding on the weapon.
CNBC's Morgan Brennan uses data partner Kensho to see if defense stocks will continue to rally, according to history.
Using hedge fund analytics tool Kensho, we found defense stocks topped the S&P 500 a week following big developments in the Syrian war.