By now, readers have been tracking our key investment themes—uranium 'ESG' play from 2020, the "Next AI Trade," all things nuclear, Powering Up America, and rare earths, among others. One of the latest additions to this lineup is our emerging focus on the "hemispheric defense" theme.
Back in March, we broke down what hemispheric defense actually means in the Trump era. Then, we highlighted several defense companies poised to benefit (L3Harris Technologies, ect...) as Pentagon priorities shift, and funding increasingly flows toward agile, tech-driven firms over legacy prime contractors.
Here's the evolution of the Hemispheric Defense theme: