US Defense Stocks Surge as Taiwan Arms Deal Finalized on December 20

On December 20, the US finalized a significant arms deal with Taiwan, leading to a surge in defense stock prices. This development underscores the growing military support for Taiwan amidst regional tensions. Stocks for industry giants like Raytheon Technologies (RTX), Lockheed Martin (LMT), and Boeing (BA) experienced notable increases, reflecting investor confidence in US-Taiwan military ties. This article explores how the deal affects these key players and the broader defense market.