Northrop Grumman and L-3 Communications are tapping the bond markets as Donald Trump’s presidential victory lifts aerospace and defence contractors in the US. The S&P Aerospace & Defense index has soared to its highest level in decades following Trump’s election, boosted by campaign pledges to raise military spending after years of downsizing. Northrop Grumman (NYSE:NOC) and L-3 Communications (NYSE:LLL) are tapping the bond markets […]