Trump-Zelensky Dust Up Boosts Defense Stocks. Why BAE Systems Is the Big Winner. - Barron's
1. BAE Systems surged 13% amid concerns over U.S. defense spending. 2. Tens of billions in U.S. aid to Ukraine are potentially at risk. 3. U.S. defense contractors show poor performance pre-election, unlike European peers. 4. Trump aims to reduce military spending while seeking European support. 5. Market volatility reflects uncertainty in defense spending and geopolitical relations.