Geopolitics Escalate as Investors Seek Refuge in Defense Industry
Northrop Grumman(NOC) ZACKS·2024-08-07 23:36
In February 2022, Russia invaded Ukraine in a significant escalation to the Russo-Ukrainian War, which began in 2014. Pundits can argue the reasoning behind the war (pro-Russian pundits will say it is to defend against NATO aggression, and pro-Ukrainians will say it's a land grab), but they cannot argue the devastation that has occurred on both sides of the war. Because Russia has a much larger army then Ukraine, the war initially seemed like a lopsided affair that would end quickly. However, as the three-y ...