What Happened
Three Aerospace And Defense Stocks Backed By Government Spending
GE Aerospace, Redwire, and Kratos Defense & Security Solutions are three aerospace and defense stocks that may be worth a closer look, according to Simply Wall St. GE Aerospace designs and services commercial and military aircraft engines, while Redwire is a space infrastructure specialist with a growing contract backlog. Kratos Defense & Security Solutions focuses on unmanned aerial systems and propulsion hardware. These companies may benefit from long-term contract demand and government spending on defense and security solutions. The article was first reported by Simply Wall St.