During President Trump’s address to Congress the other day, he unveiled an ambitious proposal to develop a “Golden Dome” missile defense system, inspired by Israel’s Iron Dome, aimed at shielding the U.S. from a range of missile threats, from short-range rockets to advanced ballistic and hypersonic weapons.
This initiative, framed as a step toward building “the most powerful military of the future,” underscores a renewed focus on national security amid escalating global tensions.
Yet for investors, the proposal signals a golden opportunity for defense stocks, as increased government spending and innovation demands could drive significant growth. There is also one stock that stands above all others as reaping the benefits from creation of a Golden Dome.
This post originally appeared at 24/7 Wall St.