Rising Trends in Aerospace Defense Sector: Promising Picks for H2 2024

The aerospace defense equipment industry has persistently kept its upward trajectory despite encountering challenges in the global supply chain. The industry's bullish trend is further supported by an increase in the U.S. defense budget and a positive outlook on the growth of global air passenger traffic projected for the years ahead. These underlying factors are promising for the sector as we approach the second half of 2024.

Curtiss-Wright Corporation CW

Curtiss-Wright Corporation, with its vast experience in precision components, continues to thrive in the aerospace, defense, power generation, and general industrial markets. With its diverse product lineup and engineering solutions, this global player is poised to benefit from increased defense spending and industrial innovation.

AerSale Corporation ASLE

AerSale Corporation has carved out a niche in the aviation industry, offering a wide range of aftermarket products and services. Catering to airlines, leasing companies, and government and defense sectors with its comprehensive MRO services, the Florida-based firm is well-positioned to ride the wave of growth in both commercial aviation and defense.

Elbit Systems Ltd. ESLT

Elbit Systems Ltd. from its strategic location in Israel, dispenses cutting-edge technology and systems across aerial, land, and naval defense domains. Renowned for contributing to defense and national security, Elbit is likely to witness a surge in demand, in sync with the global uptick in defense expenditure.

AAR Corp. AIR

AAR Corp. stands as a critical provider in the aerospace and defense sector with its headquartered presence in Wood Dale, Illinois. As the market for defense equipment stays buoyant, companies like AAR are expected to experience robust demand for their services and products.

HEICO Corporation HEI

HEICO Corporation's extensive portfolio in aerospace, defense, and electronic product manufacturing and services, especially within the U.S. and at an international level, positions it to capitalize on the ongoing expansion in the aerospace and defense markets.

Aerospace, Defense, Investment