Fedscoop: Defense contractors developing military grade cyber weapons find themselves in a prime position to capitalize on President-elect Donald Trump’s rise to the White House. With this enormous business opportunity on the horizon, policy and security experts tell CyberScoop they question what Trump’s plan for offensive cyber tools will mean for both those at home and abroad.
Since Trump won the election, publicly traded defense contractors have enjoyed a spike in their stock’s value. Many investors are buying defense stocks based on Trump’s promise to end the sequester, which would cause defense spending to return to a level familiar under the George W. Bush administration. A segment of this market, in addition to developing rockets, warships, fighter jets and command systems, also sells cyber weapons to the U.S. government.
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