Guggenheim's Defense Play: What It Says About Our Industry's Obsession With Growth The defense industry has been marked by speculation and market fluctuations in recent years, with the latest development being Guggenheim analyst Michael Ciarmoli's bullish call on Applied Aerospace & Defense (AADX).
According to Ciarmoli, AADX will benefit from sector wide growth trends across aerospace, defense, and space.
This optimism is based on increased investment in autonomous systems, space exploration, and replenishing stockpiles.