The aerospace and defense sector gained immense traction following Russia’s invasion of Ukraine last year. As the war drags on and the nuclear threat grows, governments of several nations continue to ramp up their defense spending budgets.
Therefore, it could be an opportune time to invest in fundamentally sound defense stocks RTX Corporation (RTX), Northrop Grumman Corporation (NOC), and TransDigm Group Incorporated (TDG) to capitalize on their growth.
