Search+Business News›Markets›Stocks›News›From drones to missiles: Spending is certain; which company benefits is not. So, own the ecosystem: 14 defence stocks to watchInvestment IdeasSynopsisThe defence sector’s positives are well known. But there are some unknowns. For “security reasons” we will never know how or why orders are placed, or how the focus areas are decided. Not surprising. No government will announce what it plans to do for its own defence. The only certainty is that there will be an increase in spending. Just Google how many countries have said that their defence spending as a percentage of GDP will see a sharp rise in the next three years. The number and names on the list may surprise you.The defence sector is probably the most talked about on the street. The case for it is simple and settled. Not only India, but thanks to what has happened in the last 18 months, the world is going to spend more on its defence, year after year, for a long time to come.Where India is concerned, a recent announcement is significant for the sector because it marks a major change in policy. It may not have an immediate impact; but it is a pointer to ETMarkets.com 20 mins readAug 29, 2026, 11:52:00 PM ISTGift this Story to your friendsFONT SIZEAbcSmallAbcMediumAbcLargeSAVEPRINTCOMMENTContinue reading with one of these options:Limited AccessFreeLogin to get access to some exclusive stories & personalised newslettersLogin NowUnlimited AccessStarting @ Rs120/monthGet access to exclusive stories, expert opinions & in-depth stock reportsSubscribe NowETUh-oh! This is an exclusive story available for selected readers only.Worry not. You’re just a step away.What’s Included withETPrime Membership