PPA is trading at $156.91 (-3.03%), with election-driven concerns over military spending proposals weighing on defense contractors. - Democrats’ control of both chambers raised investor concerns that military spending proposals could face tighter scrutiny or fall short. - Lockheed Martin, Northrop Grumman, and RTX shares fell while broader U.S. markets rose, pointing to sector-specific pressure. No stronger company-specific explanation was identified.