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US lawmakers bought defense stocks before Iran strikes, raising insider trading concerns.

Market News
24 Mar 2026
Finbold
View Source
Neutral
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Before the February 28, 2026 airstrikes on Iran, several US Congress members purchased shares in major defense contractors like Lockheed Martin and RTX Corp. These companies typically benefit from conflict through increased defense spending and contracts. The timing of these trades, involving lawmakers with access to classified military information, has sparked concerns about possible insider trading and the ethics of allowing Congress members to trade individual stocks. Following the strikes, both stocks initially surged but later corrected with the broader market.

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