Nick Routledge@nick_routledge
Reply to @nick_routledge

@antoniogm "Every $1 spent on lobbying generates an average of $256 in new nuclear weapons contracts." investors.com/news/defense-stocks-jump-as-putin-warns-watchdog-says-nuke-markets-set-to-surge/

The speech, in which Putin made references to Russia's nuclear arsenal, came a day after Swedish arms watchdog group Stockholm International Peace Research said the market for nuclear weapons is expected to skyrocket. The combination sent U.S. defense names sharply higher Wednesday. The push sent names including Lockheed Martin (LMT), General Dynamics (GD) and Raytheon Technologies (RTX) up more than 2%, before paring gains after the Federal Reserve rate-hike news. Northrop Grumman (NOC) also popped 2% in heavy trade, scoring a breakout to new highs. A report released this week by Research & Markets estimated the worldwide nuclear bombs and missiles market at $72.64 billion in 2020. It forecast sales of such weapons will jump 79% to $126.34 billion by 2030. And as spending grows, there's a lucrative market for defense leaders like Northrop, Raytheon and Lockheed Martin. Investor’s Business Daily 9/21/2022
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The speech, in which Putin made references to Russia's nuclear arsenal, came a day after Swedish arms watchdog group Stockholm International Peace Research said the market for nuclear weapons is expected to skyrocket. The combination sent U.S. defense names sharply higher Wednesday. The push sent names including Lockheed Martin (LMT), General Dynamics (GD) and Raytheon Technologies (RTX) up more than 2%, before paring gains after the Federal Reserve rate-hike news. Northrop Grumman (NOC) also popped 2% in heavy trade, scoring a breakout to new highs. A report released this week by Research & Markets estimated the worldwide nuclear bombs and missiles market at $72.64 billion in 2020. It forecast sales of such weapons will jump 79% to $126.34 billion by 2030. And as spending grows, there's a lucrative market for defense leaders like Northrop, Raytheon and Lockheed Martin. Investor’s Business Daily 9/21/2022

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Quoted by1/ The US nuclear stockpile currently comprises some 3,700 deployed bombs/warheads, equivalent to about 58,039 Hiroshima-sized bombs. Explode one of those bombs per minute and it would take 40.3 days to use them all.