While hostilities with Iran seem to be cooling — for the time being — most people will agree that it’s only a matter of time before the next military conflict occurs.
For investors, this has raised questions about America’s military preparedness and which defense contractors are supporting the United States in its efforts to maintain military superiority
But with so many companies to consider, investors may feel overwhelmed. Fortunately, two stocks stand out as prime opportunities right now. An up-and-comer among defense contractors While Rocket Lab (NASDAQ: RKLB) commands serious respect for its extensive operations in civilian applications of the space economy, its familiarity among investors committed to defense industry exposure is surely lacking.
But that may soon change. Rocket Lab is attracting increasing attention from the U.S. government as a launch services provider. In addition to HASTE, a modification of the company’s Electron rocket that provides the Department of Defense with hypersonic capabilities, Rocket Lab will soon offer the medium-lift Neutron rocket, which can deploy constellations of satellites and support other national security missions.