UBS: Trump order adds uncertainty to defense industry, but could be positive

President Trump And Defense Secretary Hegseth Speak In The Oval Office

Anna Moneymaker/Getty Images News

A sweeping new executive order aimed at overhauling the U.S. defense acquisition system has injected both uncertainty and opportunity into the defense sector, according to a research note from Gavin Parsons, research analyst at financial-services firm UBS.

The order, issued Wednesday

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