|Bid||4,929.15 x 0|
|Ask||0.00 x 0|
|Day's Range||5,000.00 - 5,228.50|
|52 Week Range||3,430.00 - 5,422.55|
|PE Ratio (TTM)||301.18|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Driving the defense sector is an expected boost in U.S. military spending amid global tensions. President Donald Trump’s initial budget proposal for fiscal 2018 calls for a 9% increase, to $639 billion, though the final number is uncertain.
The U.S. federal government agreed to spend $262 billion with its top 100 contractors in 2016.
Colorado has jumped into the top 10 in a ranking of the states most attractive for aerospace manufacturing. Colorado is tied for eighth with Texas in PricewaterhouseCoopers' 2017 Aerospace Manufacturing Attractiveness rankings.