• The defense industry offers a compelling case for investment with multi-year contracts.
• The Invesco Aerospace & Defense ETF (PPA A-) provides exposure to defense companies.
• Recent contracts awarded to Lockheed Martin and Boeing demonstrate the industry's strategic priority.
• The SPADE Defense Index takes a holistic approach to defense industry exposure.

The defense industry's lucrative contracts may indicate a strong case for targeted investment, which could benefit key players like Lockheed Martin and Boeing. This suggests a shift in investor priorities towards defense and aerospace, potentially driven by geopolitical tensions.