Geopolitics Alpha

The Social Security Administration corrected millions of records, and says there’s more to fix

Published . Updated .

In an effort to thwart fraud, the Social Security Administration said it has fixed millions of records and is working on correcting millions more.

Directly affected

  • No company is named in this report.

Indirectly affected

  • LMT Lockheed Martin

    Defense contractors get more work when conflict spending rises

  • RTX RTX

    Defense contractors get more work when conflict spending rises

  • NOC Northrop Grumman

    Defense contractors get more work when conflict spending rises

  • GD General Dynamics

    Defense contractors get more work when conflict spending rises

  • ITA iShares U.S. Aerospace & Defense

    A fund of aerospace and defense companies

  • BA Boeing

    Defense and aerospace orders move with conflict spending

  • LHX L3Harris

    Defense contractors get more work when conflict spending rises

  • HII Huntington Ingalls

    Shipyards benefit when naval spending rises

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
LMT———————
RTX———————
NOC———————
GD———————
ITA———————
BA———————
LHX———————
HII———————

In an effort to thwart fraud, the Social Security Administration said it has fixed millions of records and is working on correcting millions more.

Source: MarketWatch

How solid the defense case looks

12 out of 100

“The Social Security Administration corrected millions of records, and says there’s more to fix” scores 12 out of 100. The score uses 1 sources.