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.

Top Picks:

  • Raytheon (RTN)
  • BAE Systems (BA-LON)
  • General Dynamics (GD)

Vertical Team

Robert Stallard

Karl Oehlschlaeger
Vice President

Krishna Sinha
Vice President