
Defense Tech: Inventory Burn Becomes a Catalyst
Tejas Dessai
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In September 2023, Global X Research surveyed 1,109 individuals in the United States regarding their concerns surrounding the dynamic cybersecurity landscape and examined the role that government intervention should assume. Survey topics spanned everything from motivations behind fortifying cybersecurity to public perspectives on government expenditure in defense technology.
75% of individuals are very concerned or somewhat concerned about cyberattacks, particularly on government agencies and municipalities (80%), followed by public companies (78%), individuals (76%), and private companies (75%).
77% of surveyed individuals are concerned about cyber threats causing large-scale public disruption.
76% of respondents find U.S. government investments in the development of defense technology very or extremely necessary to ensure national security and defense.
Nearly half (43%) of respondents are believe the U.S. government should significantly increase spending on defense technology including artificial intelligence, cybersecurity, and technology convergence.
Click here to download the Global X ETFs September 2023 Consumer Pulse Survey: Cybersecurity & Defense Tech
The conflict in Iran is adding pressure to already tight defense stockpiles, which could accelerate procurement cycles and boost fundamentals.
The conflict in Iran is adding pressure to already tight defense stockpiles, which could accelerate procurement cycles and boost fundamentals.
Software is caught in a broad sell-off as the market prices in AI disruption risk. While some risk may exist, we see opportunity.
Tejas Dessai
The Defense Tech theme enters 2026 on solid footing as rising military spending flows through to company fundamentals.
Tejas Dessai
Tejas Dessai