[President Trump Makes Announcement With Defense Secretary Hegseth In The Oval Office] Chip Somodevilla/Getty Images News President Donald Trump’s proposed $1.5 trillion defense budget [https://comptroller.war.gov/Budget-Materials/] faces diminishing prospects after Democrats won control of both chambers of Congress, strengthening opposition to a 44% spending increase amid the unpopular Iran war. For investors, a smaller package could temper growth expectations for Pentagon suppliers, particularly companies pursuing major new weapons programs. Lockheed Martin (LMT [https://seekingalpha.com/symbol/LMT]) and Northrop Grumman (NOC [https://seekingalpha.com/symbol/NOC]) shares fell during election week as expectations [https://seekingalpha.
We show the main point publicly. Create a free account to continue reading the full article, save it, discuss it, and connect it with market and OSINT context.