Investing.com investing.com 30 Dec, 2020 10:15 am

Want To Diversify? 2 Global Aerospace, Defense Companies Worth Considering

Want To Diversify? 2 Global Aerospace, Defense Companies Worth Considering
Stocks Analysis by Investing.com (Tezcan Gecgil/Investing.com) covering: FTSE 100, Boeing Co, BAE Systems PLC, Meggitt PLC. Read Investing.com (Tezcan Gecgil/Investing.com)'s latest article on Investing.com

Most aerospace and defense (A&D) companies typically get a large part of their revenues from governments that are allies of the U.London-based BAE Systems provides aerospace, defense and security solutions globally.Meggitt specializes in components and sub-systems for the aerospace, defense and energy markets.Examples would include: Several aerospace and defense stocks that may also be of interest and that these funds currently hold are:

The two names are BAE Systems PLC (LON: BAES ), (OTC: BAESF ), a member of the FTSE 100 and Meggitt (LON: MGGT ), (OTC: MEGGY ), a member of the FTSE 250 .p The pandemic has had a more profound effect on Meggitt than on BAE Systems, as the aerospace division brings in over half of Meggitt’s revenue.

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