Rising geopolitical uncertainty has fueled a surge in global defense spending over the past few years, including major commitments from several NATO allies. This momentum has coincided with the rapid growth of a burgeoning space economy. Together, we believe these interconnected trends form a supportive backdrop for the aerospace & defense industry and hold meaningful potential for further acceleration in the years ahead. Below, we explore these dynamics and highlight why we believe the First Trust Indxx Aerospace & Defense ETF (MISL) is well-positioned to benefit in the years to come.

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