Webinar Overview:
May 20th | 11am ET
Global defense budgets are rising at a pace not seen since the Cold War. With a record $1.5 trillion U.S. defense budget request on the table, NATO allies accelerating procurement to 3.5% of GDP, and ongoing conflict demanding urgent replenishment, the investment case for aerospace & defense has rarely been more compelling. Join us for an expert conversation with the portfolio manager of The Gabelli Commercial Aerospace and Defense ETF, GCAD, Lieutenant Colonel G. Anthony Bancroft, USMCR, a decorated F/A-18 fighter pilot who brings rare operational perspective to defense investing.
Featured Speakers:
LtCol G. Anthony Bancroft, USMCR | Portfolio Manager, GCAD
Daniel Gleim | Research Analyst, Aerospace & Defense
Topics Covered:
- Why defense spending remains historically low relative to GDP and history
- The Iran conflict and its impact on air defense demand and drone economics
- Missile production surge: LMT, RTX, LHX, and the supplier ecosystem
- How GCAD differs from passive defense ETFs and broad market indexes
- Record industry backlogs and what they signal for multi-year revenue visibility
- NATO allies’ accelerating budgets: a $400B+ incremental spending opportunity
- Defense sector correlation to markets and role in portfolio construction
