The aerospace and defense industry offers a nice investment cushion amid the growing global geopolitical instability and inflationary pressures. The stocks in this industry are precedented to outperform the market in times of conflict. With the Russia-Ukraine situation on the world stage right now, China is surely studying the global response as it eyes Taiwan backstage, undoubtedly, pumping into defense stocks.
On the off-chance that the geopolitical tensions subside, the economic rebound will be swift as the Fed is already taking measures to curb the soaring inflation. This will, again, result in the aerospace and defense stocks gaining as it’s a cyclical industry.
General Dynamics (NYSE:GD) is a strong contender in the aerospace & defense industry with revenue-generating segments including aerospace (21% of revenue), combat systems (19% of revenue), marine (27% of revenue), and technologies (33% of…