Defense stocks, such as SAIC, RTX, and Lockheed Martin, are declining due to uncertainty and budgeting issues.

From Nasdaq: 2025-04-07 14:54:00

Aerospace stocks, including Science Applications International, RTX, and Lockheed Martin, saw declines due to tariff-related uncertainty and federal budgeting questions. Tariffs could increase costs for aerospace companies despite some carve-outs. The Senate approved a federal budget plan allocating $150 billion for defense procurement, facing challenges in the House. Defense stocks offer stability but are affected by government infighting and market volatility. Long-term investors may find opportunities in defense stocks, but volatility may persist. Considerations before investing $1,000 in RTX include recommendations from the Motley Fool Stock Advisor team.



Read more at Nasdaq: Why Defense Stocks Are Hitting Turbulence Today