军工行业周报：空军多型新装备将亮相航展，阿塞拜疆装备“枭龙”战机

Investment Rating - The report rates the military industry as "Overweight" [3]. Core Viewpoints - The military industry is experiencing growth, highlighted by the successful launch of an intercontinental missile by the Rocket Force and the upcoming air show featuring new air force equipment [1][8]. - The intensification of great power competition is seen as a long-term trend, with an expectation of increased defense spending to ensure national security [9]. Summary by Sections 1. Core Viewpoints - Multiple new air force equipment will be showcased at the upcoming air show, and Azerbaijan has equipped the "JF-17 Block3" fighter jet [1][8]. - The 15th China Airshow will take place from November 12 to 17 in Zhuhai, Guangdong, featuring a significant increase in the number of air-to-ground equipment displays and flight demonstrations [25][26]. 2. Market Review - The military industry index rose by 14.12%, outperforming the market by 1.31 percentage points, ranking 18th out of 29 sectors [12][13]. - The defense information technology sector performed well, with notable stocks such as Zhonghai Da and Aerospace Electromechanical showing significant gains [18][19]. 3. Major News in the Military Industry - The Rocket Force successfully launched an intercontinental ballistic missile into the Pacific Ocean, demonstrating the effectiveness of military training and equipment [23]. - The Chinese Air Force's Y-20 aircraft was showcased at the African Aerospace and Defense Exhibition, enhancing international visibility [26]. - The Shandong aircraft carrier's operational training has improved its capabilities for long-range maritime operations [26]. - China successfully launched eight satellites, including the Tianyi 41 satellite, showcasing advancements in space technology [28].