Accelerating global defense spending is poised to run headlong into accelerating defense innovation with market participants underestimating the breadth of implications. We dug into current defense budgets, country-by-country military preparedness, and the technological cutting edge to understand the pace and nature of software and hardware disruption to come. Where should investors focus their attention across asset classes both to maximize the upside opportunity of increased defense spending and to mitigate the risk of an increasingly armed and unstable world?
