July 27, 2026

Analysis

Protected: Defense Dividends

Alfredo Saad-Filho, Jack Taggart

Private finance bets on the defense industry

Unmanned, semiautonomous AI-guided combat aircraft built by Anduril for the US Air Force at a test site, California, 2026. Credit: US Air Force

Filed Under

Europe, United States, Technology & Digital Economy, Finance & Insurance

Further Reading

Orbital Enclosure

How the US's long push to deregulate outer space led to SpaceX's dominance of the skies

Arms Markets

A look at the world’s largest military industries

Rearming Europe

Political legitimacy through war

Further Reading

Orbital Enclosure

How the US's long push to deregulate outer space led to SpaceX's dominance of the skies

In mid-June, SpaceX went public. The company’s initial public offering share price of $150 quickly crowned Elon Musk the world’s first dollar trillionaire. As the...

Arms Markets

A look at the world’s largest military industries

The US is far and away the world’s largest military spender, military producer, and arms exporter, accounting for more than a third of global military...

Anna Stavrianakis

Rearming Europe

Political legitimacy through war

The main justification for the EU’s recent dramatic reorientation toward defense is the proliferation of threats to European security emerging from Russia’s invasion of Ukraine....

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