Since the launch of the MarketVectorTM Global Defense Industry Total Return Net Index (MVDEFTR) on January 31, 2023, there have been significant changes in global security dynamics that have profoundly impacted societies and the defense and national security industries. Such evolutions warrant an update of this whitepaper, originally published in Q1 of 2023, which initially highlighted Russia’s invasion of Ukraine and the state of strategic priorities around military technology.

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