3 Defense Stocks Backed by Smart Money

The dynamic landscape of geopolitics underscores the significance of persistent innovation in defense technologies. Companies engaged in this sector are intensifying their investments in research and development, strategically stationing themselves at the vanguard of technological progress. Given the demand for advanced defense capabilities worldwide, investing in stocks favored by institutional investors may yield solid returns. […] August 15, 2023 [Option Sensei] [3 Defense Stocks Backed by Smart Money]( The dynamic landscape of geopolitics underscores the significance of persistent innovation in defense technologies. Companies engaged in this sector are intensifying their investments in research and development, strategically stationing themselves at the vanguard of technological progress. Given the demand for advanced defense capabilities worldwide, investing in stocks favored by institutional investors may yield solid returns. Therefore, air defense stocks Elbit Systems Ltd. ([ESLT]( – [Get Rating]( OSI Systems, Inc. ([OSIS]( – [Get Rating]( and Willis Lease Finance Corporation ([WLFC]( – [Get Rating]( could be valuable portfolio additions now. Worldwide defense budgets have surged, driven partly by the Russia-Ukraine conflict that has spurred nations to reassess their military allocations. According to the Stockholm International Peace Research Institute’s (SIPRI) global military spending data, global military expenditure achieved an unprecedented high, touching $2.24 trillion in 2022. The United States, still contending with mounting inflation, took the lead as the principal contributor, accounting for 39% of total global military expenses. The nation’s military outlay for 2022 amounted to $877 billion, [thrice that of China](. It allocated $295 billion to military operations and maintenance, $264 billion to procurement and research and development, and $167 billion to military personnel. Prevailing geopolitical turmoil compelled nations worldwide to prioritize territorial defense against potential threats, which led to an intensified focus on enhancing air defense capabilities. Many countries are investing significantly in their military capabilities, prompting an upsurge in demand for military aircraft to bolster their defense systems. The Department of the Air Force’s [fiscal year 2024 budget request]( displayed a 4.5% year-over-year increase to $215.1 billion. The Air Force’s request for Research, Development, Test, and Evaluation (RDT&E) stands at $36.2 billion, an increase of $2.3 billion from the previous fiscal year. This increase illustrates the commitment to nuclear modernization and strategic attack deterrence favoring the U.S. and its international allies and partners. Propelled by [technologically advanced weapons and aircraft]( and the growing integration of [cutting-edge technologies]( the global air defense systems market is anticipated to reach $78.2 billion by 2031, growing at a [CAGR of 5.6%](. Therefore, ESLT, OSIS, and WLFC, which smart money likes, could be… Continue reading at [STOCKNEWS.com]( SPONSOR [My #1 Rule: Don't Buy Options]( 25 years of trading the market for extra cash (during booming times and bearish times) has taught us a lot. We saw a lot of folks lose a LOT of money in the markets in 2022. Yet, we've done THIS and have averaged $185.06 per day in profits - to be exact. It's great because we don't spend all day fretting over charts and research. It doesn't require a college degree in finance... It doesn't require much starting capital... It doesn't even require much time. ANYBODY can do this. [Click here for the full story]( NOTE: If URLs do not appear as live links in your e-mail program, please cut and paste the full URL into the location or address field of your browser. [Privacy Policy]( | [Terms & Conditions]( This is a paid advertisement.This is not a solicitation for the purchase or sale of securities. Readers are encouraged to conduct their own research and due diligence, and/or obtain professional advice, prior to making any investment decision. Advertisements and sponsorships are provided as a service to Wealthpop users . Wealthpop is not responsible for their content, services or products. The statements and opinions contained in this advertisement are not those of Wealthpop, and Wealthpop disclaims any liability for or arising from such statements and opinions. You are hereby advised that Wealthpop is receiving a fee as compensation for the distribution of this advertisement. [Click here to unsubscribe]( Copyright © 2023 Wealthpop. All rights reserved. Magnifi Communities, 1 Penn Plaza, Suite 3910, New York, NY 10019