What Happened
Three Companies to Watch in Rising Military Expenditures
The aerospace-defense industry is experiencing growth due to rising geopolitical tensions and increased military spending, with companies like GE Aerospace, Howmet Aerospace, and RTX Corporation well-positioned to benefit from long-term procurement programs and technological advancements. Despite supply-chain constraints, the industry is expected to continue growing, driven by sustained defense modernization programs and investment in advanced military systems. This article was originally published on Zacks Investment Research.