Why Northrop Grumman Stock Soared Today

Key Points President Trump called for a $1.5 trillion defense budget yesterday. The President wants defense companies to invest in production, not dividends and stock buybacks. 10 stocks we like better than Northrop Grumman › "$1.5 trillion" -- it's not just for SpaceX anymore. Last month, SpaceX floated plans for a $1.5 trillion IPO. Now, President Trump wants to spend a similar sum on defense: "For the Good of our Country ... our Military Budget for the year 2027 should not be $1 Trillion Dollar ...