3 Stocks to Watch as Geopolitics Drives Defense Spending Boom

Key Takeaways RTX benefits from strong missile, air-defense, space and classified demand that has expanded its backlog.GD is lifted by solid shipbuilding orders plus steady demand for military vehicles and aerospace services.NOC gains from higher investment in strategic deterrence, autonomous systems and space-based assets.Renewed great-power competition in the Pacific and protracted wars in Europe and the Middle East have pushed defence budgets and investor interest sharply higher, creating a powerful tail ...