国防军工行业周报：中东局势进一步升级，持续关注后续发展

Investment Rating - The report maintains an "Overweight" rating for the defense and military industry [2] Core Insights - The defense and military industry index rose by 10.9% last week, outperforming the CSI 300 index by 2.4% [4] - Since the beginning of 2024, the defense and military industry index has increased by 13.1%, underperforming the CSI 300 index by 10.9 percentage points [4] - As of October 4, 2024, the defense and military industry PE (TTM) is 59.37 times, positioned at the 42.6 percentile since 2012; the PB (LF) is approximately 2.97 times, at the 48.4 percentile since 2012 [4][7] Market Review - The defense and military industry index's performance from September 30 to October 4 shows a significant increase, with a 10.9% rise compared to the CSI 300 index [7] - The industry has seen a notable increase in trading volume and stock performance, with several companies showing substantial gains [12][15] Investment Suggestions - The escalation of the Middle East situation is expected to significantly impact regional political and economic stability, potentially acting as a catalyst for the military industry [6][16] - Increased geopolitical uncertainty and conflict escalation are likely to drive global military demand, benefiting defense-related companies [6][16] - The report suggests monitoring the development of related industry chains due to the anticipated long-term growth in global military industry demand [6][16]