NATO defense spending surpassed $1.4 trillion in 2025, driven by a 20% increase from European allies and Canada. All member states met the 2% of GDP spending target, with a new commitment from the 2025 Hague Summit to reach 5% of GDP by 2035. This signals a decade-long structural increase in defense budgets, benefiting major contractors like Lockheed Martin, RTX Corp, and Northrop Grumman, which hold over $557 billion in combined backlogs. Meanwhile, tech-focused firms like L3Harris and Palantir are capturing modernization contracts, positioning them well for growth as NATO modernizes its defense infrastructure.
Northrop Grumman has started construction on a new building at its Roy Innovation Center in Utah to support the U.S. Air Force Sentinel Intercontinental Ballistic Missile program and other aerospace missions. This expansion will add to the existing c...
Small-cap stocks in the U.S. market continue to be the most undervalued segment, even after their best first-half performance in over 30 years, according to Morningstar's Q3 2026 outlook. The overall market shows a modest 8% discount to fair value, b...
