News Snapshot:
When looking for those who will benefit from rising tensions between the U.S. and China, look no further than defense contractors like Lockheed, Boeing and Raytheon. They will continued to stand to benefit…that is, assuming they can get the parts they need to manufacture. According to a new report from Nikkei, the firms are scrambling to try and meet demand from a slew of new orders that are arising due to the heightened tensions. For example, Japan purchased 150 air-to-air missiles that can be loaded on its F-35 fighters from Raytheon Technologies, the report notes. The deal totalled $293 million....
