Sector Focus 

Nato and post-Brexit defence catalysts

Nato and post-Brexit defence catalysts

Whatever your thoughts on Donald Trump, it’s clear that he deviates from the political mainstream on several fronts, not least of which a disturbing tendency to follow through on campaign promises. Not that investors in the aerospace and defence sector will be complaining on that score. President Trump’s foreign policy, in keeping with that of Republican predecessor Ronald Reagan, is predicated on the use of ‘hard power’ – the use of economic incentives or military strength to influence friends and foe alike. That’s good news for investors at a time when Brexit negotiations have muddied the waters for the UK defence industry.

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