What is defense Metals Corp?

Defense Metals Corp. is a mineral exploration company focused on the acquisition of mineral deposits containing metals and elements commonly used in the electric power market, military, national security and the production of “GREEN” energy technologies, such as, high strength alloys and rare earth magnets.

What are defense stocks?

U.S. defense stocks are the biggest beneficiaries of massive deals signed by the government to sell weapons and defense equipment to other countries. Since 2002, the U.S. has sold over $197 billion worth of conventional weapons and equipment to 167 countries.

Will US defense stocks benefit from large foreign military sales?

However, the report said that this slowdown will be offset by huge foreign military sales of the United States army, which reached $83.5 billion in 2020. U.S. defense stocks are the biggest beneficiaries of massive deals signed by the government to sell weapons and defense equipment to other countries.

What are the top defence stocks in India?

Bharat Dynamics Ltd is another popular name on the list of top defence stocks in India. The company’s business interest is built in missile systems empowering India’s defence network. Anti-tank missiles are also famous.