Rising U.S. defense spending is set to benefit aerospace-defense firms focused on military aerospace, although persistent supply-chain issues may still pose challenges. Meanwhile, strong global air passenger growth — up 5% year over year and projected to rise 5.8% in 2025 — offers a solid boost to commercial aerospace players. Airlines’ demand for new jets and fleet upgrades amid record-high aircraft backlogs signals positive momentum for industry players despite elevated costs and procurement delays. The f ...