Trump's $1.5 Trillion Defense Budget Pledge Boosts Global Defense Stocks

Donald Trump's pledge to increase the US military budget to $1.5 trillion by 2027, representing a 50% hike from current levels, triggered a rebound in global defense stocks. This followed earlier criticism from Trump regarding defense contractors' stock buybacks and dividends. The proposed increase is aimed at building a 'Dream Military' in 'troubled times'.

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