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Defense Stocks and the 2035 NATO Boom: A Secular Growth Thesis Emerges

Pelican Press

By Pelican Press,
in World News

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Readers of a certain age will recall President Ronald Reagan launching one of the most ambitious military buildups in American history. In a bid to overwhelm the Soviet Union, Reagan doubled the U.S. military’s budget from under $150 billion in 1980 to over $300 billion by 1985. The government invested heavily in B-1 bombers, MX missiles and an expanded Navy fleet.

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