Defense Stocks Rise on Expected Iran War Spending Increases

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Published: 2 hours ago

Defense contractors including Lockheed Martin are gaining attention as expectations build for increased military spending related to Iran tensions. Lockheed Martin remains the largest defense company with diversified operations positioning it for potential contract growth. USD could strengthen on increased defense spending and geopolitical tensions, while safe-haven flows may benefit JPY and CHF. Oil-linked currencies like CAD and NOK face uncertainty from Middle East escalation risks.

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