The Senate passed an amended version of President Donald Trump’s “One Big Beautiful Bill Act” (OBBBA) with a 51-50 vote early Tuesday, with Vice President JD Vance casting the tie-breaking vote. The bill aims to add $3.3 trillion to the national debt while including $150 billion for military spending and $46.5 billion for border infrastructure. The amended bill will return to the House for further approval and faces opposition from Elon Musk.
Key beneficiaries of the bill include Lockheed Martin, which stands to gain significantly from the military spending increase; Amazon, which could benefit from consumer tax breaks; and Caterpillar, essential for the proposed border construction. Analysts expect these companies to capitalize on the financial provisions of the bill, despite concerns about its wider implications.
Lockheed Martin, projected to generate $71 billion in revenue, has a strong backlog and operating margins. Amazon, with projections for revenue growth climbing from $665 billion in 2025 to over $1 trillion by 2030, will see boosts from tax cuts. Caterpillar’s role in construction linked to border security promises significant demand for its equipment. Each of these companies trades at reasonable valuations, offering potential investment opportunities amid market uncertainties.
