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Trump's militarism 

The military industry is the big winner of this year's presidential election – both in the US and internationally. 

When the US Stock Exchange opened after the election, the country's gun manufacturers were rewarded for Trump's election victory. In spite of a general fall in the US market, arms manufacturers have excelled with significant growth as a direct result of the election results.

Pentagon's largest contractor Lockheed Martin increased its stock value by 7,6 percent when the stock exchange opened on Wednesday. During the morning hours, their shares rose another 4,8 percent. The other giants in US military production followed. Northrop Grumman started correspondingly 4,9 percent up, while General Dynamics increased 4,1 percent and Raytheon increased full 6,3 percent at stock exchange opening.

Worldwide. So the US market is taking Trump's promises of strong growth in the US defense budget seriously. The fact that Republicans after the election will control both chambers in Congress further supports the financial analysts' mounting belief that the military-industrial complex now faces very good times.

The third largest supplier to the Pentagon, BAE. . .

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Alexander Harang
Harang is the editor of "Fredsnasjonen", the magazine MODERN TIMES published in the summer of 2021.

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