Large and mid-size defense contractors could benefit under a Donald Trump presidency, but those that sell to foreign partners could see their profits take a hit, according to a report released Tuesday.
The report from Byron Callan, a defense industry expert and director at Capital Alpha Partners, predicts that contractors such as Booz Allen and CACI could do well under a Trump administration. His reasoning is that a Republican in the White House likely means that the GOP will still have control of both the House and Senate as well, which could spell the end of sequestration caps and the beginning of higher defense spending. Trump’s defense plans also call for a larger Navy, which could mean a boon for shipbuilders such as General Dynamics and Huntington Ingalls Industries.
