Global Aerospace & Defense

We are overweight defense, with a positive spending outlook in the US, Asia and Europe, and defensive characteristics. With multiples having moderated, valuations are now more attractive. We are currently negative on aerospace — it is early days in what looks likely to be an unprecedented slump in airline passenger demand, which will flow through to the aerospace aftermarket and OEM sectors.

Top Picks:

  • L3Harris Technologies (LHX)

This website uses cookies. We use cookies to improve the user experience, track anonymous site usage and store authorization tokens. By continuing to browse this website you accept the use of cookies. Click here to read more about how we use cookies.