建军节临近，军工板块反复活跃，航空航天ETF（159227）回调迎布局机会

Group 1 - The A-share market showed mixed performance on July 30, with the military industry sector being active, particularly the aerospace ETF (159227), which saw a decline of 0.59% and a trading volume of 646.1 million yuan, maintaining its position as the top in its category [1] - The aerospace ETF has attracted significant capital, with a net inflow of over 357 million yuan in July, bringing its latest scale to 724 million yuan, a record high since its inception [1] - The upcoming Army Day and the military parade on September 3 have increased market attention on the defense and military industry, alongside a recovery in demand and orders since 2025, leading institutions to begin increasing allocations to the military sector after ten consecutive quarters of reduction [1] Group 2 - Northeast Securities indicated that as the "14th Five-Year Plan" approaches its final year, disturbances in the military industry have largely dissipated, with downstream demand showing signs of recovery [2] - The long-term goals for the military industry provide clear guidance for development, aiming for modernization by 2035 and establishing a world-class military by 2050, which is expected to significantly improve the defense and military sector [2] - With recovering demand and an improving capacity structure, the defense and military sector is anticipated to have a high safety margin and long-term growth certainty [2]