Defense aviation spending keeps climbing, with drones and low-cost autonomous systems growing fastest. Profitability, though, tells a different story. BCG and Vertical Research Partners analyzed where profitability really sits across the defense industry. New entrants and cheaper solutions pose a real threat, yet legacy platforms will likely stay the industry's main profit driver for the foreseeable future. Investors and industry leaders should weigh the full business case before shifting capital. read more at the link in bio. #BCGatFIA #FIA2026