These 9 stocks will profit from Trump’s fatter budget for military technology

Michael Brush
These 9 stocks will profit from Trump’s fatter budget for military technology

President Donald Trump this week proposed a mere 0.3% increase in military spending to $740.5 billion next year. Here’s some of the military wizardry your tax dollars are paying for, and some of the gear suppliers that will benefit if Congress and Trump see eye to eye on high-tech battlefield gear spending. Booz Allen Hamilton (BAH) got its first defense-sector gig in 1940 advising the Navy on how to gear up for World War II. Today it generates 69% of revenue from defense and intelligence customers, and 96% from government agencies overall.