#lockheedmartin

Times of India | White House shares the list of 21 American companies donating millions to Trump administration’s new ballroom construction AI generated summary, Read the full article for complete information. The White House has disclosed that 21 major U.S. firms are contributing millions toward a new 90,000‑square‑foot, $400 million ballroom being built on the White House grounds—a project accelerated after a security breach at the recent Correspondents’ Dinner. President Donald Trump insists the construction will not use taxpayer money, though federal funds cover underground security work, and he warned that any legal challenges must be dropped. The Justice Department has urged the National Trust for Historic Preservation to abandon its lawsuit, arguing the ballroom will let presidents host large events without leaving the White House perimeter. The donor list, reported by Fortune, includes tech giants such as Meta, Apple, Amazon, Google (Alphabet), Microsoft, and Comcast; defense and security contractors like Lockheed Martin, Palantir, and Booz Allen Hamilton; energy and manufacturing firms including NextEra Energy, Caterpillar, and Micron; as well as companies from tobacco, crypto, rail, and entertainment sectors such as Altria, Coinbase, Ripple, Union Pacific, Hard Rock International, and Tether America. Donations are being made through the Trust for the National Mall and are tax‑deductible, while Trump has pledged to contribute personally but does not appear on the list. Read more: https://timesofindia.indiatimes.com/technology/tech-news/white-house-shares-the-list-of-21-american-companies-donating-millions-to-trump-administrations-new-ballroom-construction/articleshow/130638555.cms #WhiteHouse #DonaldTrump #MetaPlatforms #LockheedMartin #MicronTechnology

yahoo news | How Defense Tech Investors Are Using SHLD to Capture 21st Century Warfare... The U.S. military’s recent Operation Absolute Resolve highlighted how modern combat now runs on software, sensors and precision hardware, and every platform deployed can be traced back to a company within Global X Defense Tech ETF (NYSEARCA: SHLD). SHLD is designed to give investors concentrated, intentional exposure to defense‑technology firms that build cybersecurity systems, apply artificial‑intelligence to military operations, and manufacture advanced hardware such as robotics, drones and aircraft. Unlike broad‑market ETFs that hide defense exposure inside industrial allocations, SHLD tracks the Global X Defense Tech Index, linking its performance directly to the surge in global defense spending, which rose 9.4 % year‑over‑year to $2.7 trillion in 2024—the fastest increase since the Cold War. The fund holds 49 companies across the United States and abroad, but its top five positions—Lockheed Martin, RTX, General Dynamics, Rheinmetall and Palantir—account for roughly 36 % of net assets. International names such as BAE Systems, Hanwha Aerospace and Leonardo provide genuine NATO‑ally diversification that pure U.S.–focused defense funds lack. SHLD has delivered about 15 % YTD gain, a 72 % rise over the past year, and a 206 % total return since its September 2023 inception, driven by strong fundamentals: record backlogs and cash‑flow generation at Lockheed Martin, RTX, Northrop Grumman, L3Harris, and rapid government‑revenue growth at Palantir. Investors should be aware of three key trade‑offs. First, concentration risk means a single poor earnings quarter from a top holding can materially drag the whole portfolio. Second, Palantir’s high valuation (trading near a 239 × P/E) creates asymmetric upside and downside, as seen in its 17 % YTD decline despite the fund’s rise. Third, the fund is vulnerable to domestic budget and political risk—government shutdowns or shifts in DoD priorities can affect all holdings simultaneously. Consequently, SHLD is best suited for investors seeking focused exposure to the defense‑technology build‑out, rather than a broadly diversified industrial fund. Read more: https://finance.yahoo.com/markets/stocks/articles/defense-tech-investors-using-shld-151534260.html?fr=sycsrp_catchall #defensetechinvestors #u.s.military #globalxdefensetechetf #shld #lockheedmartin