Huntington Ingalls Industries Inc

HII: XNYS (USA)
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US Defense: Actual War Doesn't Drive Demand for Defense Contractors; Fair Value Estimates Unchanged

On Feb. 28, the US and Israel led widespread military strikes on Iran and signaled that the operation could last weeks. Iran retaliated, with consequences across the region and in the oil market. In premarket trading on March 2, most US defense contractors' stocks rose several percentage points.

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