Defense Contractors Reap the Benefits of a Growing Military Budget News Commentary

NEW YORK, Oct. 8, 2020 /PRNewswire/ — According to data compiled by Strategic Defence Intelligence, the U.S. spent over USD 639 Billion in 2018 for its defense budget. By 2023, the U.S. defense expenditure is expected to reach approximately USD 742 Billion while growing at a CAGR of 1.98% during the forecast period. The current presidential administration is friendly to the military and defense contractors and promotes the stance on increasing military defense spending. Additionally, the Department of Defense spending is set to grow by 9% in 2018 from the year prior, Blackrock said in a blog post. “The 2019 National Defense Authorization Act was passed at its swiftest pace in 20 years, up to USD 717 Billion (a 12% increase from 2017). Even after the 13% quarter-to-date decline in the Dow Jones U.S. Aerospace & Defense Index (as of October 29th), the industry group is still up 46% since 2016 Election Day and remains the purest way to play any change in defense spending outlook,” Blackrock said. Defense Metals Corp. (OTC:  DFMTF) (TSX-V: DEFN), Lockheed Martin Corp. (NYSE: LMT), Raytheon Technologies Corporation (NYSE: RTN), The Boeing Company (NYSE: BA), General Dynamics Corp. (NYSE: GD).

As a percentage of GDP, the U.S.’s defense expenditure is expected to be approximately 3.1% during the same period. While the United States holds the largest budget for defense technology, it is also the largest exporter of defense equipment in the world. The U.S. are also expected to continue to remain the largest importers, due to increased defense budgets in allied countries such as Saudi Arabia, UAE, Turkey, India, South Korea, Singapore, the U.K. and Japan. “What changes are likely in military technology over the next 20 years? This question is fascinating on its

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Benefits of Renovation: Why You Should Renovate Now

You may have heard a lot about renovations recently and you wonder why so many people are willing to spend their hard-earned money to renovate. You are not alone. Some people even question the wisdom the decision to renovate. They ask why renovate when the house is still functional and livable. This article will answer that question by showing you some of the best benefits of home renovation.

1. Comfortable living

Many people renovate their homes to improve their home life. Homes can be livable but not comfortable. Some people renovate to free up some space in their home, bring in more light from the outside, increase relaxation upon coming home and make the home safer for kids and elderly.

Your home should be the place you can relax and unwind after a hard day at work, but how can you relax if you come home to a house that could trigger claustrophobia, because it’s dark and you worry constantly whether or not your kids are safe when they use the stairs, the bathroom, the kitchen and the garage. The money you pay for renovation will be worth it.

2. Saving money

Renovation helps you save money, too. In fact, many people renovate to save money in the long run. One of the main ways renovation helps you save money is by revamping your house’s energy use. There are many energy-saving items that are available now, which were not available in the past, like for example led lighting, energy-saving outlets, appliances that consume less power and more.

Renovation could also modernize your heating system at home, making it more current and therefore more energy-efficient. Renovating your bathroom can improve water efficiency so you are not wasting water and paying more for water bills.

3. Increasing the value of the home…

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Shopping For Kitchen Rugs? Benefits of Using Canvas Rugs

There are many options when considering kitchen rugs but if the idea of ​​canvas rugs hasn't crossed your mind, you might be pleasantly surprised to learn the many benefits rugs made from canvas … especially in the kitchen.


Interior decorators and home owners utilize kitchen rugs made of canvas for several reasons. Primarily, canvas rugs, also referred to as canvas floor cloths, are extremely easy to maintain. A simple damp mop or rag cleans up spills of food and drink in a jiffy. There is little risk of staining when a protective varnish has been applied. And because the canvas is a tight weave material, with an added varnished finish, neither food particles nor dirt collect underneath.


As the kitchen often receives the highest foot (and paw) traffic, kitchen rugs need to be strong and durable. Canvas rugs can withstand excessive wear due to the durability of the canvas material. And if constructed well with sewn hems as opposed to glue, will hold up extremely well.

Low Threshold

Yet another benefit of using canvas floor cloths as kitchen rugs is their low threshold; placed below kitchen cabinet doors or at entry doors, a canvas rug lays low and flat so as not to bunch up or get in the way.

Furry Family Members

Whether placed at a kitchen door, at the kitchen sink or under a kitchen table, canvas rugs are ideal for a well used room. For the 'paws' in the family, a smaller rug under a feeding or water bowl can really come in handy at keeping things neat and tidy.

Design for Your Decor

Yet another benefit with canvas rugs as kitchen rugs is the versatility in the design one can incorporate. If you search online for "canvas rugs" you'll find a plethora of websites …

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The Benefits of Remodeling Your Home

Remodeling a home can be a tumultuous time for the family living within the house's walls. Installing a new roof may force the residents to live in a hotel for a few days, while replacing the flooring in a home may cause a family to use windows as doors. No matter the scope of the construction project, remodeling a home will inevitably be both a financial and physical burden for the dwelling's inhabitants.

On the contrary, modifying one or all of the rooms in a home has a wide array of benefits that will ultimately outweigh the hardships caused by construction. The following list, broken down by room, discusses the many advantages of remodeling your home:

• Kitchen: Replacing countertops will allow homeowners to personalize their kitchen with a color scheme and design that accurately fits the rest of the house. Choose between granite, marble, and even stainless steel, to name a few of the different countertop options. Additionally, replacing older appliances (microwave, refrigerator, garbage disposal, etc.) will not only improve your ability to cook great meals, but will also elevate a home's energy efficiency.

• Bathroom: The bathroom is one of the most used rooms in any house, and creating a look that is physically and visually appealing will enhance the experience for residents every time they use the toilet or take a shower. Also, newer faucets and showers have been developed to eliminate excessive water use, and installing these items will lower your water bill each month. Lastly, most real estate agents agree that remodeling a bathroom is the simplest way to increase the market value of a home.

• Bedrooms / Living Room: More time is spent in these two rooms than any other area of ​​the home. The most important thing to remember when remodeling bedrooms …

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The Benefits of a Large Kitchen Set

Every kitchen has got the potential for functionality, display, and storage. The saddest part of life is the fact that many of our kitchens do not have all these things. Having a large kitchen helps you solve the issue. It also looks beautiful. When you are choosing or designing a home, it is a great thing if you are able to have one at your disposal. Some of the benefits include:

Storage and Cabinetry

If you have ever used a kitchen that does not have adequate space for storage, then getting a big one will be a great thing for you. You can have as many shelves and drawers as you possibly want. You can also install recycling bins and any other component that you may have always felt is necessary for your home.

Enough for the Kids

A large kitchen is always a perfect option where kids are involved. Regardless of what you want them to help with, a large kitchen will accommodate all of you without the cramped feeling. You can have them in there so as to watch them easily. You can also install amenities like refrigerated drawers and microwaves in the reach of the young ones in case they need something without you around. You can place amenities for your kids comfortably within reach so as to teach them some bit of independence.

Seating Space

Having some extra seating space is always a great asset for homeowners. This is an area where you can have your informal dining. When your extended family or friends join you for dinner, preparing and serving your meals does not become as hectic as it is normally where there are smaller kitchens.


Sometimes one needs more floor space while others you need some extra counters. A large kitchen allows you …

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