军工行业周报：军工大行情复盘与展望-20260112

Investment Rating - The industry investment rating is "Overweight" [1][9] Core Insights - The military industry has expanded significantly, now encompassing civil aviation, low-altitude economy, information security, military trade, commercial aerospace, and civil shipping, leading to a substantial increase in market space and potential ceiling [5] - The military industry is experiencing a robust market performance, with the military index reaching a ten-year high of 11597.90, reflecting a 130.27% increase [6] - The report highlights the importance of the "Big Military" concept, which opens up higher ceilings for the industry beyond traditional military needs [5] Summary by Sections - Market Performance: The military index has shown strong growth, with a historical high in weekly trading volume, indicating a bullish market sentiment [6][8] - Future Outlook: The report suggests that the military industry will continue to adapt to changes in production relationships and competitive landscapes, leading to the emergence of more dynamic industry players [5] - Investment Opportunities: The report identifies several key areas for investment, including low-altitude economy, military trade, and commercial aerospace, which are expected to drive future growth [5][6]