Rocket Lab Corp (NASDAQ: RKLB) shares gained on Wednesday following news that the company is increasingly being treated as a beneficiary of the defense-tech spending cycle, with investors rotating ...

Kratos and Rocket Lab are two emerging defense companies that focus on high-growth niches. Kratos specializes in affordable military technology, with a focus on unmanned systems and missile defense.

Defense stocks are making headlines amid a surge in global military activity and national security spending. The market is gearing up for a multiyear rearmament cycle, and defense companies' backlogs ...