
This Billionaire Just Loaded Up on These U.S. Defense Stocks

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Gina Rinehart, the Australian billionaire, has invested nearly $100 million in U.S. defense stocks, including RTX, Northrop Grumman, L3Harris Technologies, and Lockheed Martin. This investment was disclosed in a document to the U.S. securities regulator, with Hancock Prospecting Ltd. also increasing its stakes in Hudbay Minerals and Newmont Corp.
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