President Trump's newly proposed $54 billion increase in military spending - a 10 percent increase - is great news for the major defense contractors. As Trump look to boost spending with more tropps, new ships and new planes, major defense companies should benefit this major initiatives.

Winner in this sector including missiles maker Lockheed Martin Corporation(LMT), B-2 Bomber maker Northrup Grumman(NOC), Tomahawk cruise missil maker Raytheon(RTN), military ships maker General Dynamics(GD) and Boeing (BA)