Will Bin Laden's Death Affect Defense Investing?
In the face of rising fear and uncertainty, no amount of money seemed too grand when it came to protecting the United States. To the extent that the country feels a bit more confident and secure now that it has eliminated al Qaeda leader Osama bin Laden, the impetus to sustain military spending at current levels may wane a bit at the margins, some analysts say. That is why the impact of bin Laden’s death on defense spending remains unclear.
Steve Rosenbush
May 5, 2011