- More than 155 SM-3s have been delivered to U.S. and Japanese navies.
- Raytheon is on track to deploy the next-generation SM-3 Block IB guided missile in 2015.
- SM-3 Block IB will be deployed in both afloat and ashore weapons systems.
Consumer spending isn't stalled, says Jim Cramer. Consumers are spending, but they're hiding behind Alexa and their smartphones.
The Trump administration's call for a $54 billion boost to defense spending might be a money-making opportunity for investors.
President Trump wants to increase military spending by a record 9%. If Congress goes along, expect a run-up in defense-based stocks and ETFs