Leonardo DRS Stock Is Interesting, but I'd Look at This German Defense Giant First
2026-01-09 10:35:00 ET
The defense industry had a banner year in 2025. The S&P Global Aerospace & Defense Select Industry Index surged 51.5% last year. And if you look at the headlines, it's really no wonder why. The state of the world has left many countries nervous and seeking to bolster their militaries.
The U.S. is already the biggest defense spender in the world, with a military budget worth more than the spending of the next nine largest spenders combined at nearly $1 trillion.
As such, American defense stocks like Arlington's Leonardo DRS (NASDAQ: DRS) have been perennially good investments. Leonardo was up nearly 24% in the last year, but over the past five years, it has seen a return of nearly 303%.
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