Although labeled as the peace summit, an international call for an end to Russia’s invasion of Ukraine effectively did little more than harden ideological lines. While a great many support a roadmap to peace that encompasses Ukraine’s territorial integrity, key players – namely Russia and China, along with a few others – believe differently. What can be said is that defense stocks to buy present a cynically positive framework. Unless the Russians agree to pull back their troops – something that
Military shipbuilder Huntington Ingalls would benefit if Congress passes a Ships Act.
Due to the current state of global tensions and the overall willingness of the U.S. government to continuously increase defense spending budgets, the defense industry is likely not worth betting against in the short term. That being said, despite two active wars, which America is directly supporting, the defense industry has seen somewhat modest gains as a whole. Part of this can be attributed to the fact that not every defense contractor’s services actively apply to the conflict in Israel and U