CNBC's Jim Cramer suggested that defense companies are worthwhile investments as the U.S. empties its arsenals to aid allies Israel and Ukraine.
"Our country's paltry land war-making capacity makes us a weaker arsenal of democracy, and sooner or later, either the White House or Congress will change how our defense budget gets spent," Cramer said.
"That makes the big defense contractors investible."
He named several major defense contractors that are set to benefit from a Pentagon push, including Lockheed Martin , RTX , Boeing , Northrop Grumman and General Dynamics .
In reality, the rest of the world's only gotten more chaotic, and our government can't do anything about it if we run out of munitions," Cramer said.
Persons:
CNBC's Jim Cramer, Israel, Cramer, Greg Hayes, Lockheed Martin, Northrop Grumman
Organizations:
House, investible, Pentagon, Lockheed, Boeing, Northrop, General Dynamics, Systems
Locations:
U.S, Ukraine, RTX, Iraq, Afghanistan