Fact Sheet: President Donald J. Trump Modernizes Defense Acquisitions and Spurs Innovation in the Defense Industrial Base
Fact sheetProcurementPublished 25/04/09Open the original
Summary
President Trump directs the Secretary of Defense to plan acquisition reform with a preference for commercial solutions and fewer approvals; all Major Defense Acquisition Programs are reviewed, and any more than 15% behind schedule or 15% over cost is scrutinized for cancellation.
By industry
- Defense1 trading day−3.3%p15 stocks5 trading days+1.5%p15 stocks20 trading days+2.2%p15 stocks
“modernizing defense acquisitions and spurring innovation in the defense industrial base”
Day by day after the announcement
| Day | Defense stocks | S&P 500 |
|---|---|---|
| 25/04/08 | 0.0% | 0.0% |
| 25/04/09 | +6.8% | +10.1% |
| 25/04/10 | +6.4% | +5.5% |
| 25/04/11 | +9.6% | +7.6% |
| 25/04/14 | +10.4% | +8.2% |
| 25/04/15 | +9.4% | +7.9% |
| 25/04/16 | +9.6% | +5.9% |
| 25/04/17 | +10.3% | +6.5% |
| 25/04/21 | +8.6% | +3.6% |
| 25/04/22 | +8.5% | +8.2% |
| 25/04/23 | +9.5% | +8.3% |
| 25/04/24 | +11.8% | +10.7% |
| 25/04/25 | +12.5% | +11.1% |
| 25/04/28 | +13.0% | +10.9% |
| 25/04/29 | +13.8% | +11.5% |
| 25/04/30 | +13.9% | +12.6% |
| 25/05/01 | +14.2% | +12.4% |
| 25/05/02 | +15.4% | +14.3% |
| 25/05/05 | +15.3% | +13.6% |
| 25/05/06 | +15.7% | +13.6% |
| 25/05/07 | +15.3% | +13.1% |
Korean stocks in these industries
- Hanwha Aerospace 012450
- Korea Aerospace Industries 047810
- LIG Defense & Aerospace 079550
- Hyundai Rotem 064350
Trades in these industries around the announcement
Members' and insiders' trades in the industries' stocks, 30 days before to 30 days after.
- Prabu Natarajan
BuyScience Applications International
BuyScience Applications International
SAIC
$219.1K
2,000 sh
$219.1K
Filed 25/03/27
Traded 25/03/26
- Toni Townes-Whitley
BuyScience Applications International
BuyScience Applications International
SAIC
$156.9K
1,404 sh
$156.9K
Filed 25/03/31
Traded 25/03/28
- Toni Townes-Whitley
BuyScience Applications International
BuyScience Applications International
SAIC
$66.5K
596 sh
$66.5K
Filed 25/03/31
Traded 25/03/28
- Vincent P. DiFronzo
BuyScience Applications International
BuyScience Applications International
SAIC
$65K
597 sh
$65K
Filed 25/03/25
Traded 25/03/25
- Milford W. McGuirt
BuyScience Applications International
BuyScience Applications International
SAIC
$55.3K
500 sh
$55.3K
Filed 25/03/27
Traded 25/03/27
- James Reagan
BuyScience Applications International
BuyScience Applications International
SAIC
$50.4K
450 sh
$50.4K
Filed 25/03/31
Traded 25/03/28
- Barbara Supplee
BuyScience Applications International
BuyScience Applications International
SAIC
$39.5K
360 sh
$39.5K
Filed 25/03/27
Traded 25/03/26
- Carolyn B. Handlon
BuyScience Applications International
BuyScience Applications International
SAIC
$25.3K
230 sh
$25.3K
Filed 25/04/08
Traded 25/04/07
- Katharina G. McFarland
BuyScience Applications International
BuyScience Applications International
SAIC
$25.3K
230 sh
$25.3K
Filed 25/03/28
Traded 25/03/27
- John K. Tien Jr.
BuyScience Applications International
BuyScience Applications International
SAIC
$25K
215 sh
$25K
Filed 25/04/02
Traded 25/04/02
- Srinivas Attili
BuyScience Applications International
BuyScience Applications International
SAIC
$11.2K
100 sh
$11.2K
Filed 25/04/07
Traded 25/04/04
- Hilary Hageman
BuyScience Applications International
BuyScience Applications International
SAIC
$11K
100 sh
$11K
Filed 25/03/26
Traded 25/03/26
- James A. Winnefeld Jr.
BuyRTX
BuyRTX
RTX
$23.6K
200 sh
$23.6K
Filed 25/04/23
Traded 25/04/23
- Stephanie F. Pope
SellBoeing
SellBoeing
BA
$3.1M
16,768.13 sh
$3.1M
Filed 25/05/05
Traded 25/05/01
- Garth Graham
BuyScience Applications International
BuyScience Applications International
SAIC
$25.1K
215 sh
$25.1K
Filed 25/04/14
Traded 25/04/14
- David Christopher Raymond
SellBoeing
SellBoeing
BA
$729.2K
3,899 sh
$729.2K
Filed 25/05/05
Traded 25/05/02
- Wahid Nawabi
SellAeroVironment
SellAeroVironment
AVAV
$3.8M
29,366 sh
$3.8M
Filed 25/03/26
Traded 25/03/24
- Marguerite Amy Gilliland
SellGeneral Dynamics
SellGeneral Dynamics
GD
$6.7M
24,740 sh
$6.7M
Filed 25/03/12
Traded 25/03/10
- Michael J. Cleary
SellBoeing
SellBoeing
BA
$558K
3,000 sh
$558K
Filed 25/05/08
Traded 25/05/06
- Jana Partners Management
SellMercury Systems
SellMercury Systems
MRCY
$4.6M
100,000 sh
$4.6M
Filed 25/05/09
Traded 25/05/09