Just wondering if anyone has been eyeballing this sector – seems like a ton of opportunity coming up in the not-so-distant future. I’ve been eyeballing companies such as Anduril, PLTR (obviously), etc but other than the traditional boomer plays (Lockheed Martin, Boeing, Raytheon), I’m struggling to find any new tech-based, Defense stocks.
I’ve seen articles over the past couple of years mentioning the battlefield being transformed by technology, with Milley quoted in this article back in May:
Milley Tells West Point Cadets Technology Will Transform Warhttps://www.military.com/daily-news/2022/05/21/milley-tells-west-point-cadets-technology-will-transform-war.html
Also, Congress passed a huge $839 billion defense bill ($37 billion above Biden’s request.
House passes $839B defense bill, swatting down Biden’s military plans: https://www.politico.com/news/2022/07/14/house-passes-ndaa-00045972
I would assume these trends continue for the foreseeable future, especially given NATO/Ukraine. I understand Palantir is assisting over there (in what capacity is anyone’s guess). Anyone with knowledge of this sector would like to chime in, I’d love to hear anyone’s thoughts.
Also: Anduril just needs to go public already, Palmer Luckey is a bright dude, and the things they are developing are game-changing.
