Does likelihood of an expanded military response to ISIS signal a boom for the arms industry?
Stock prices for weapons manufacturers sharply increased just after the terrorist attacks in Paris.
When the New York Stock Exchange opened Monday morning, less than three days after terrorists attacked in Paris, five leading American weapons manufacturers saw their stock prices jump. On Monday, nearly as soon as the markets opened, stocks for weapons manufacturers began to soar — Raytheon, Northrop Grumman, Lockheed Martin, General Dynamics and Thales saw increases in a day that was rather calm for the rest of the market.
Fox Business attributed the bump to a "reaction to the attacks in France." Over the weekend, French President Francois Hollande had announced that his country would "lead a war which will be pitiless" against ISIS and launched a "massive" airstrike on its stronghold in Syria.
Shares of Lockheed Martin, known for its Hellfire missiles and its lead role in the troubled...
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