- The defense sector is a reliable safe haven for uncertain times due to the long-term nature of military contracts and the relative stability of defense budgets.
- BAE Systems is well-placed to benefit from shifting defense priorities with its sizeable presence in electronic systems, as well as cyber, intelligence, and security markets.
- On a forward P/E valuation, the British-based defense company is priced somewhere between a 20% and 30% discount to US pure-play peers Lockheed Martin and Northrop Grumman.
For further details see:
3 Reasons Why You Should Consider Buying BAE Systems