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Defense stocks are back in the spotlight amid rising global geopolitical tensions. The war in Russia and Ukraine was a testament to the rapidly evolving economic and political instability. Even as the economy faces many challenges, global aerospace and defense spending will continue to rise YOY. Several conflicts have emerged, including the recent Israel-Hamas war, leading to mass casualties. Investors are also concerned about China invading Taiwan, which could spark buy-side institutional demand for defense stock companies.
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