3 Defense Equipment Stocks to Watch Amid Supply-Chain Woe
AVAVAeroVironment(AVAV) Zacks Investment Research·2024-02-28 22:36

Valuable mergers and acquisitions are projected to improve economies of scale for the aerospace-defense equipment stocks. However, persistent supply-chain issues may negatively impact the operating results of the aerospace-defense equipment stocks. Nevertheless, solid air passenger demand should benefit the industry players. Going ahead, revenue passenger kilometers (RPKs) are estimated to grow 9.8% in 2024 from the 2023 level. This, in turn, bolsters the growth prospects of aerospace-defense equipment stoc ...