President Donald Trump’s administration told allies in the U.K. and Europe it wants them to buy American weapons and military equipment in order to maintain the NATO alliance, Alex Wickham and Ellen Milligan of Bloomberg reports, citing European officials familiar with the matter. The request has been made several times by U.S. officials to their European counterparts, the people said. Additionally, Trump’s team suggested it wanted Europe to buy more American energy as well, the sources told Bloomberg. Publicly traded companies in the space include BAE Systems (BAESY), Boeing (BA), General Dynamics (GD), HII (HII), L3Harris Technologies (LHX), Lockheed Martin (LMT), Northrop Grumman (NOC) and RTX (RTX).
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