The defense technology sector is flourishing owing to the integration of groundbreaking technologies into operations and increased government support. Hence, investors could scoop up shares of robust defense technology stocks, Northrop Grumman Corporation (NOC), CAE Inc. (CAE), and Science Applications International Corporation (SAIC).
The defense sector has been awarded with a range of supportive options from the government. The outgoing U.S. President, Joe Biden, issued the first-ever National Security Memorandum on Artificial Intelligence, which ordered the U.S. military and intelligence agencies to adopt and deploy artificial intelligence.
