National Presto Industries Likely To Benefit From $1.5T Defense Budget (NYSE:NPK)
In a flurry of news on January 7th, President Donald Trump proposed setting 2027's defense budget at $1.5T , while also cautioning defense companies that they should prioritize production scaling rather than focusing on buybacks andAnalyst’s Disclosure:I/we have a beneficial long position in the shares of NPK either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I h ...