Billionaire Rinehart builds $97M stake in U.S. defense contractors (LMT:NYSE)

Australia’s richest individual Gina Rinehart invested almost $97M in U.S. protection contractors throughout the first quarter whereas additionally including stakes in two mining corporations.

Her privately held Hancock Prospecting disclosed new positions in RTX (RTX), valued at about $24.69M; Northrop Grumman (