Geopolitics Alpha

US reveals why it eased sanctions on Eritrean targets as Ethiopia and Eritrea mass troops and risk drawing other countries into war

Published . Updated .

US reveals why it eased sanctions on Eritrean targets as Ethiopia and Eritrea mass troops and risk drawing other countries into war Business Insider Africa

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

  • XLE Energy Select Sector SPDR

    Energy prices move when sanctioned supply is blocked

  • USO United States Oil Fund

    This fund moves with oil prices

  • 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———————
XLE———————
USO———————
ITA———————
BA———————
LHX———————
HII———————

US reveals why it eased sanctions on Eritrean targets as Ethiopia and Eritrea mass troops and risk drawing other countries into war Business Insider Africa

Source: Business Insider Africa

How solid the defense case looks

12 out of 100

“US reveals why it eased sanctions on Eritrean targets as Ethiopia and Eritrea mass troops and risk drawing other countries into war” scores 12 out of 100. The score uses 1 sources.