Defense Spending to Surge Amid Ongoing Middle East Conflict

As the Middle East conflict continues, defense spending is expected to surge, reinforcing the need for sustained preparedness and modernization. Large defense contractors like RTX Corporation, Lockheed Martin, and Boeing remain key players to watch. RTX benefits from strong demand for its defense systems, a balanced business model, and solid cash generation, positioning it well in the current environment. The company's stock carries a Zacks Rank #2 (Buy) and has seen an increase in EPS consensus marks for 2026 and 2027.