Sequestration Impact on Top 10 US Military Contractors

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Here’s a little surprise: The top military contractors have all been doing pretty well since Sequestration hit.

I know what you’re thinking: They already got hit in anticipation of Sequestration. Only they didn’t.

Boeing (BA) and Oshkosh OSK are near 52 week highs, while United Technologies (UTX) and McKesson (MCK) 20% are at all time highs. (Table below)

So much for the impact of these government cutbacks on Military contractors . . .


See also:
Chuck Hagel on defense budget cuts under sequestration: ‘We’re adjusting to the realities’ (NBC)

The case for the sequester’s defense cuts (WonkBlog)

McKeon ‘Very Concerned’ About Sequester’s Military Impact  (Washington Wire)




TOP 10 US Military Contractors Performance since March 1
Lockheed Martin LMT 5%
Boeing BA 10% 52 week highs
General Dynamic GD 3%
Raytheon RTN 5%
United Technologies UTX 3.40% All time highs
L-3 Communications LLL 3%
BAE Systems BA:L N/A
Oshkosh Corp OSK 5.70% Near 52 week highs
McKesson Corp MCK 4.20% All time highs

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