4 Aerospace and Defense Companies to Consider Following Saudi Oil Attack

Shares of aerospace and defense companies rose on Monday morning after President Donald Trump tweeted Sunday evening that the U.S. is “locked and loaded” in response to drone attacks on oil installations in Saudi Arabia.

CNBC reported that half of the Middle Eastern country’s oil production was halted when huge fires broke out after attacks by as many as 10 aerial drones. While Yemen’s Houthi rebels claim responsibility, U.S. Secretary of State Mike Pompeo accused Iran of launching “an unprecedented attack” on the energy supply and said there is “no evidence” the attacks originated from Yemen. more

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