El impulso en el sector de defensa, en medio de los cambios en las políticas estadounidenses: una posición estratégica para los inversores a largo plazo en 2026

The U.S. defense sector is undergoing a transformative phase, driven by sweeping policy reforms encapsulated in the FY2026 National Defense Authorization Act (NDAA). Signed into law in December 2025, the Act authorizes over $900 billion in funding, with a clear focus on accelerating capability delivery, modernizing acquisition processes, and fortifying supply chain resilience. For long-term investors, these policy shifts present a unique opportunity to align with sectors poised for sustained growth, particularly in hypersonics, commercial-driven innovation, and multiyear contracting frameworks.

Procurement Reforms: Streamlining for Speed and Agility

The NDAA's most immediate impact lies in its overhaul of the Federal Acquisition Regulation (FAR), introducing 31 class deviations to streamline procurement and reduce bureaucratic hurdles. Effective February 1, 2026, these changes aim to align the Department of Defense (DoD) with end-user needs by prioritizing commercial products and services. For instance, the Act raises thresholds for Cost Accounting Standards (CAS) applicability, exempting smaller and nontraditional contractors from onerous compliance requirements. This shift not only lowers barriers to entry for emerging firms but also fosters competition, a boon for investors in agile, technology-driven defense startups.

The creation of the Portfolio Acquisition Executive (PAE) role further underscores this transformation. By centralizing program management under portfolio-based oversight, the PAE model is designed to expedite decision-making and integrate iterative development cycles. Analysts note that this structural change could reduce project timelines by up to 30%, enhancing returns for companies with scalable solutions in areas like artificial intelligence and cyber resilience.

Hypersonics and Emerging Technologies: A New Frontier

The NDAA's emphasis on technological modernization is most evident in its allocation of over $3.9 billion for hypersonic weapons development in 2026. The Air Force alone has earmarked $387.1 million for the AGM-183A Air-Launched Rapid Response Weapon (ARRW), developed by Lockheed Martin, and $802.8 million for the Hypersonic Attack Cruise Missile (HACM), led by Raytheon. These programs, emerging from years of developmental turbulence, signal a strategic pivot toward countering China and Russia's hypersonic advancements.

For investors, this represents a high-conviction opportunity. Companies like Lockheed Martin and Raytheon, already entrenched in these programs, are likely to see sustained revenue streams. Additionally, the NDAA's push for commercial integration opens doors for non-traditional players in advanced materials and propulsion systems, such as Northrop Grumman and Boeing, which are pivoting toward dual-use technologies.

Supply Chain Resilience: A Pillar of National Security

The Act's focus on supply chain resilience is another critical driver of sector momentum. By expanding the Expedited Acceptance and Qualification process for critical readiness items and standardizing advanced manufacturing approvals, the NDAA aims to mitigate bottlenecks and reduce dependency on sole-source suppliers. This is particularly relevant for companies in the critical minerals and advanced manufacturing spaces, such as L3Harris Technologies and General Dynamics, which are positioning themselves as key nodes in the DoD's industrial base.

Moreover, the NDAA's digital tracking system for technical data in major weapon systems addresses sustainment gaps without imposing restrictive "right to repair" mandates. This balance between innovation and control is expected to benefit firms specializing in data analytics and logistics, such as CACI International and Leidos, which are already expanding their roles in DoD operations.

Multiyear Contracts: Stability and Scalability

The NDAA's emphasis on multiyear contracting authority provides a long-term tailwind for defense contractors. By enabling extended procurement cycles, the Act reduces financial risk for companies while ensuring stable cash flows. For example, the Navy's shipyard infrastructure and Air Force aircraft maintenance programs now have enhanced flexibility under multiyear contracts, directly benefiting firms like Huntington Ingalls Industries and Textron.

The legislation also raises statutory thresholds for full CAS coverage, from $50 million to $100 million, further easing compliance burdens for mid-sized firms. This creates a more level playing field, particularly for companies like AAR Corp. and Leonardo DRS, which are expanding their roles in maintenance, repair, and overhaul (MRO) services.

Geopolitical Considerations: OISP and Strategic Presence

The NDAA's expansion of the Outbound Investment Security Program (OISP) to include high-performance computing and hypersonic systems adds a layer of regulatory scrutiny for foreign investments in critical technologies. While this may complicate cross-border deals, it also reinforces domestic demand for U.S.-based firms in these sectors. Investors should monitor how companies like Intel and AMD navigate these regulations, as their ability to secure DoD contracts could hinge on compliance with OISP guidelines.

Additionally, the Act prohibits reducing U.S. military forces in Europe below 76,000 troops without detailed impact reports. This commitment to the Euro-Atlantic region ensures continued demand for logistics and infrastructure firms, such as KBR and AECOM, which support U.S. operations in strategic hotspots.

Strategic Positioning for 2026 and Beyond

For long-term investors, the FY2026 NDAA signals a clear shift toward speed, agility, and technological dominance. Key themes to prioritize include:
1. Hypersonics and AI: Companies with direct exposure to DoD's $3.9 billion hypersonic budget and AI-driven modernization efforts.
2. Commercial Integration: Firms leveraging commercial technologies to meet DoD's streamlined procurement goals.
3. Supply Chain Resilience: Leaders in critical minerals, advanced manufacturing, and logistics.
4. Multiyear Contracting: Contractors with strong positions in shipbuilding, aircraft maintenance, and MRO services.

As the defense sector adapts to these policy signals, investors who align with these strategic pillars are well-positioned to capitalize on the sector's momentum in 2026 and beyond.