With Democrats set to control Congress, investors ​bet future defense funding may not be as robust as previously ⁠expected. Shares of Lockheed Martin (LMT.N), opens new tab, which oversees the biggest US weapons program, the ​F-35 fighter jet, fell 6.9%. Missile and radar maker RTX (RTX.N), opens new tab declined 3.1% and L3Harris ​Technologies (LHX.N), opens new tab sank 6.9%. General Dynamics (GD.N), opens new tab and Northrop Grumman (NOC.N), opens new tab also dropped.