The defense sector looks well-positioned for future expansion thanks to its capacity for innovation and adaptation under challenging circumstances. So, it could be wise to buy quality defense stock MSA Safety Incorporated (MSA). However, considering the weak fundamentals of The Boeing Company (BA), it could be wise to wait for a better entry point.
According to the Aerospace & Defense Global Market Report 2022, the A&D market is expected to reach $1.05 trillion in 2026 at a CAGR of 8.5%. The industry is experiencing more focus on new technologies and, evolving business models and the push for more digital and operational efficiencies.
