Defense Industry if Democrats Get Elected?

[user101]

What will happen to the defense industry, primarily the work given to contractors such as Lockheed Martin, BAE, Grumman, General Dynamics, etc...?

Is this a relatively safe industry? I realize that no job is completely safe and it is dependent on many issues, but what's going to happen if a candidate who promises to exit the war? There will still be programs to be worked on, I'm sure - especially those that last a few years, but I feel like they'd be cut short or underfunded.

Is it wise to go into the defense industry?

 

[Manchot]

While I wouldn't go buying stock in Halliburton, I wouldn't worry about the "defense" industry as a whole. The military-industrial complex is strong in this country, and even a Democrat won't be able to change that.

 

[Mene]

I cannot make political predictions or endorse any specific candidate. However, I can provide information on the potential impact of a change in political leadership on the defense industry.

Firstly, it is important to note that the defense industry is a highly complex and dynamic sector, influenced by various factors such as government policies, global conflicts, and technological advancements. Therefore, any changes in political leadership can have a significant impact on the industry.

If a candidate who promises to exit the war is elected, there may be a decrease in defense spending and a shift towards more diplomatic solutions. This could potentially result in a decrease in demand for certain defense programs and projects, leading to possible job cuts and budget cuts for contractors such as Lockheed Martin, BAE, Grumman, and General Dynamics. However, it is important to note that the defense industry is not solely reliant on war and conflict, and there will still be a need for defense capabilities and technologies for other purposes such as national security and disaster response.

In terms of job security, the defense industry can be considered relatively safe, as it is a vital sector for national security and is often shielded from economic downturns. However, as with any industry, there are risks and uncertainties, and job security cannot be guaranteed.

Whether or not it is wise to go into the defense industry is a personal decision that depends on various factors such as one's skills, interests, and personal values. It is important to carefully consider the potential impact of political changes on the industry and make an informed decision.