US-Iran war: Dassault Aviation, Lockheed Martin to Avic Chengdu Aircraft — global defense stocks rise up to 7.5%
Global defense stocks witnessed sharp gains on Monday, March 2, as escalating hostilities between the United States and Iran triggered renewed investor interest in military and aerospace names. While broader equity markets turned volatile, defense stocks emerged as clear outperformers. The rally was driven by expectations that prolonged geopolitical tension could lead to higher defense…