TD Cowen identified government contractors with the highest amount of dollars obligated in fiscal year 2023, both overall and by individual federal department.
Investors should be wary of the impacts several companies may bear from the cost-cutting goals of President-elect Donald Trump's Department of Government Efficiency, or DOGE, according to TD Cowen. "The announcement of DOGE has led to concerns about future revenue and profitability of USG contractors," analyst Roman Schweizer said in a Friday note to clients.
In an effort to find companies that have the most at stake under potential DOGE actions, TD Cowen identified the publicly traded government contractors with the highest amount of dollars obligated in fiscal year 2023, both overall and by individual federal department. Take a look at the names below: The top defense contractors for the U.S.
Stock Markets Leidos Holdings Inc Northrop Grumman Corp Lockheed Martin Corp General Dynamics Corp Boeing Co Raytheon Technologies Corp Merck & Co Inc Humana Inc Pfizer Inc Business News
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