国防股下跌，因民主党胜选引发对五角大楼预算收紧的担忧作者：阿特雷耶·达斯古普塔 11月4日——美国国防股周三下跌，因民主党在中期选举中大获全胜，引发外界担忧五角大楼的支出计划将面临更大压力。
Defense firms fall as Democratic victory stokes fears of tighter Pentagon budget By Aatreyee Dasgupta Nov 4 - US defense shares fell on Wednesday as the Democrats' resounding midterm election victory stoked concerns about increased pressure on the Pentagon's spending plans.
洛克希德·马丁股价下跌6.5%，RTX下跌超过4%，L3Harris Technologies下跌近8%。通用动力和诺斯罗普·格鲁曼也下跌了3%至5%。
Shares of Lockheed Martin were down 6.5%, RTX declined over 4% and L3Harris Technologies fell nearly 8% in morning trading. General Dynamics and Northrop Grumman also fell 3% to 5%.
该板块此前受益于总统唐纳德·特朗普呼吁为2027年制定1.5万亿美元的美国军事预算（远高于目前批准的9010亿美元水平），以及伊朗战争——这场战争推升了对导弹、防空系统和其他武器的需求。
The sector has benefited from President Donald Trump's call for a $1.5 trillion US military budget for 2027, well above the currently approved $901 billion level, and the Iran war, which has fueled demand for missiles, air-defense systems and other weapons.
分析师表示，即使对军事现代化的支持总体上仍然完好，由民主党领导的众议院也可能对国防预算和新项目进行更严格的审查。
Analysts said a Democratic-led House could subject defense budgets and new programs to greater scrutiny even if support for military modernization remains broadly intact.
杰富瑞分析师在一份报告中表示，他们预计2027年国防预算将更接近众议院约1.15万亿美元的提案，而非政府的1.5万亿美元请求。
Jefferies analysts said in a note that they expect the 2027 defense budget to be closer to the House's roughly $1.15 trillion proposal than the administration's $1.5 trillion request.
包括RTX和洛克希德在内的公司10月公布了乐观的季度业绩和创纪录的订单积压，因各国政府着手补充库存并加强军事准备。
Companies, including RTX and Lockheed, reported upbeat quarterly results in October and record backlogs as governments moved to replenish stockpiles and bolster military readiness.
但此后，随着投资者对如此规模的支出增长能否成为现实愈发怀疑，该板块股票已回吐了大部分涨幅。
But the sector's stocks have since given up much of those gains as investors grew skeptical of such spending increases becoming reality.
计入周三的跌幅，标普500航空航天与国防子指数今年下跌近1%，而道琼斯美国航空航天与国防子指数下跌3.4%。
Including Wednesday's declines, the S&P 500 Aerospace & Defense sub-index is down nearly 1% this year, while the Dow Jones US Aerospace & Defense sub-index is down 3.4%.