ASX defence stocks among winners as funds back rising global military spending
An increasingly unstable global geopolitical stage has prompted economies to ramp up military spending and investors are rushing to cash in on the trend for a return to war footing.
On Thursday, Australian Deputy Prime Minister Richard Marles unveiled a $2 billion plan to develop a “top secret” data cloud in partnership with Amazon Web Services as part of an effort to build out the nation’s intelligence.
Loading…
