Core Viewpoint - The military industry is experiencing a significant rebound driven by global geopolitical tensions and increased military spending, with a notable focus on unmanned systems and military intelligence [1][2][4] Group 1: Market Performance - The defense and military sector has seen a 20.36% increase in the Shenwan Defense Index since May 2025, with unmanned aerial vehicles (UAVs) rising by 27.26% and the aviation engine index increasing by 22.02% [1] - The market's attention towards the military sector has reached a peak in recent years, influenced by ongoing global conflicts and domestic events [2] Group 2: Long-term Growth Potential - The defense sector is projected to have long-term growth certainty, with global military spending expected to reach $2.68 trillion in 2024, reflecting a compound annual growth rate (CAGR) of 3.3% from 2015 to 2024 [4] - The "14th Five-Year Plan" is entering its final year, with demand in the military sector expected to recover as previous disruptions are resolved, leading to improved industry conditions [6] Group 3: Order Recovery and Industry Outlook - Since the second half of 2024, several military orders have been confirmed, indicating a recovery in demand and an improvement in the military industry's order situation [6] - The military sector is expected to see significant improvements in the coming years, with a focus on achieving modernization goals by 2035 and establishing a world-class military by 2050 [6]