$RTN Defense is where my money is!
Updated
RTN Defense is where my money is! We have all been watching Fox news and by now know that we put 59 Tomahawk missiles in Syria's lap. Those 59 have to be replaced....right?The next couple of days are entangled with questions. What if.....and if so then what? With all the unknowns I think the market may be a little bearish in most industries. Except for one.DEFENSE!
I would be willing to wager (Ha) that the defense market will see a move that we haven't seen since November, or heck, maybe, longer!
How much does a Tomahawk Missile Cost?
Comment
According to the US Department of Defence's annual budget, a single Tomahawk missile costs $1.59 million.Combine that by the 59 missiles the US ordered to be fired off two warships in the Mediterranean Sea, and you're looking at a bill of around $94 million.
Read more at finance.nine.com.au/2017/04/07/15/09/how-much-a-tomahawk-missile-costs
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