It’s crazy to think but one sector that seems to be “flying under the radar” is the defense sector. In fact, the iShares U.S. Aerospace & Defense ETF (ITA) has been on an upward move since the end of March 2019. With shares of this sector's stocks continuing to remain in lockstep with the overall market uptrend, investors are finding new opportunities with both old and new names.
Today we are highlighting: Liberty Defense Holdings (SCAN.V), Patriot One Technologies Inc. (PAT.V) (PTOTF), The Boeing Company (BA), Raytheon Company (RTN)
Liberty Defense Holdings (SCAN.V) (Market Cap: $58.649M) is a newer entrant to the defense industry on the public level. The company focuses on the detection of concealed weapons. What investors are starting to recognize is that (SCAN.V) has already secured an exclusive license from MIT Lincoln Laboratory, as well as a technology transfer agreement, for patents related to active 3D imaging technology. These are packaged into its HEXWAVE product.
Most recently the company signed a memorandum of understanding (MOU) to ... Click here to view full article