Buy these stocks, analyst says, as Pentagon urges missile suppliers to increase production

The Pentagon’s reported push to beef up America’s missile arsenal spells more good news for a number of defense contractors, according to Vertical Research Partners.

The Wall Street Journal

reported that Pentagon leaders want missile suppliers to double or even quadruple production amid geopolitical tensions. The Pentagon, the report said, is alarmed at low U.S. weapons stockpiles, as a result of the conflict between Ukraine and Russia, in the context of a potential future China conflict. This could be another godsend for missile makers.