Benzinga's Political Round Up (LMT, RTN, FXY, TM)

Last night, the Prime Minister for Japan was decided, and

This sent the yen, and the Japanese Yen ETF

higher, before coming off its highs. It immediately shot up to a 15 year high. This will hurt exporters like Toyota

if the yen continues to stay high. The Pentagon

to cut costs, saying it wanted to cut $100 billion from its budget over the next five years. This will hurt companies like Lockheed Martin

and Raytheon

, who are heavily dependent on defense budgets around the world for revenues.