THE EDITORIAL QUANT
Defense Spending and the Congressional Portfolios Betting on It
This Thursday. Congress members don't just vote on defense budgets. Many of them own the stocks that move off those votes. We looked at which members hold positions in major defense contractors, then cross-referenced to recent government contracts. The PAC-3 missile system just landed a $4.76B contract last week. Who in Congress is positioned? We break down the intersection of government contracts, strategic voting, and personal portfolios.
Also this Sunday: which Congress members hold defense positions, how those holdings overlap with recent contracts, and what their voting records look like on defense spending bills .
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