Trump’s $1.5T defense plan faces roadblock after midterm losses

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[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.