Trump XO: Boost to DOD contractors?

With that latest policy move and continued talk of correcting a trade imbalance with Mexico, a second, somewhat overlooked, executive order issued by President Trump calls for "a great rebuilding of the armed services," including "new planes, new ships, new resources and new tools for our men and women in uniform," and may wind up boosting job creation in the Gulf Coast region. If it happens, it could be a boost to regional military contractors, like Textron Marine and Land Systems, which builds armored vehicles and military watercraft in New Orleans East and Slidell, and Bollinger Shipyards, a Navy-Coast Guard boat builder with 10 shipyards across South Louisiana. (Source: Times-Picayune 01/28/17) Gulf Coast Note: Additionally, there are military shipyards at Ingalls in Pascagoula, Miss.; Austal-USA in Mobile, Ala.; and Eastern Shipbuilding Group in Panama City, Fla., among others.