联合作战能力加速提升，军工含量最高的航空航天ETF天弘(159241)跟踪指数深“V”反弹，强势翻红涨近1%！

Core Viewpoint - The aerospace ETF Tianhong (159241) has shown significant growth, with a 3.47 billion yuan increase in scale over the past six months, reflecting strong performance in the aerospace and defense sector [1]. Product Highlights - The aerospace ETF Tianhong (159241) is designed to efficiently capture core military aerospace opportunities, tracking the National Aerospace Index, with a military attribute ratio of 97.86%, making it the highest in the market [1]. - The ETF has a high weight of 66.8% in aerospace equipment, surpassing other indices like the CSI Military and CSI Defense [1]. Hot Events - On December 9, the Chinese and Russian militaries conducted their 10th joint aerial strategic patrol in the East China Sea and the western Pacific, as part of their annual cooperation plan [1]. Institutional Viewpoints - Pacific Securities notes that China's defense budget has maintained a growth rate of around 7% in recent years, with defense spending accounting for less than 1.5% of GDP, which is below the average of major military powers [1]. - There is significant potential for growth in China's defense spending, expected to exceed GDP growth by about 2 percentage points in the long term, with a shift towards new domains and qualities in defense spending structure [1]. - The industry is anticipated to enter a rapid development phase driven by both domestic demand and foreign trade, as modern warfare evolves towards information and intelligence [1].