Global Aerospace & Defense
We are overweight defense, with a positive spending outlook in the US, Asia and Europe. Although multiples have expanded, we still see some value opportunities. We are market weight aerospace, as this up-cycle is neither accelerating nor decelerating. Valuations have expanded, but are still within the normal range for the aero sector in an up-cycle.
- Raytheon (RTN)
- BAE Systems (BA-LON)
- General Dynamics (GD)
May 26, 2017
A&D MORNING HEADLINES - DOD, F-35, LCS, UAL
A&D Morning Headlines - DoD, F-35, LCS, UAL