Reported about 2 months ago
The defense sector is experiencing increased competition from private companies like Anduril, challenging established giants such as Lockheed Martin and Northrop Grumman. Analyst Jason Gursky from Citi underscores that this competition is beneficial for the ecosystem and necessary for market growth, as private firms contribute innovative solutions while focusing on market share within constrained defense budgets. This dynamic is seen as advantageous for both taxpayers and investors.
Source: YAHOO