Reported 5 months ago
In a nutshell, the defense sector has underperformed this year despite geopolitical tensions being high, with larger defense companies like Lockheed and General Dynamics showing potential for upside in the near to intermediate term. Venture investors are taking interest in defense tech startups, potentially posing competition to established firms. Additionally, Rocket Lab, despite a rough start this year, is seen as a buy due to its innovative projects like the Neutron rocket, which could be a game changer in the medium lift launch vehicle market. The second half of the year is expected to be positive for defense stocks, with a focus on improving margins and accelerating revenue growth.
Source: YAHOO