Recently, the order data of many sub-sectors in the military sector are very good, and the wages of employees in related enterprises have increased a lot. Some core listed companies have clearly announced that they have received advance payment from customers, which is an unprecedented change in the military industry.
From a fundamental point of view, the future defense industry has outstanding growth compared with other industries. 202 1 By 2023, the compound growth rate of defense industry is expected to exceed 30%.
Judging from the core state-owned listed leading companies that lead the development of military industry, the investment burden borne by R&D shareholders is very light, and listed companies are platforms for shareholders to share the national R&D output, which is completely different from the stereotype formed by military industry in the undeveloped period. With the confirmation of the whole big order, few industries can continue to grow as the leader of the military industry.
At present, the market's doubts about the military industry are mostly unfounded. The trend of China's military industry is long-term and definite, and it is serious to build a military force that matches China's economic strength.
Military industry is the asset of vaccine, which brings together the potential risks of 654.38+0.5 billion people in the future and vaccinates the country. The purpose of developing military industry is not to fight, but to peace. The purpose of developing military industry is to stop war with war and stop war with force.
The military industry is no longer a short-term sector with hype, festivals and enthusiasm, but a sector with performance support and worthy of long-term configuration. Now the military industry has stepped out of the hype era and entered the heavy volume cycle.
Dai, who once held an important position in the semiconductor industry, even thought that the military industry was superior to the semiconductor industry in terms of certainty and supply chain depth.
Judging from the depth of the future industry and the market it faces, the potential space for the integration of national defense and civil technology, especially the aviation manufacturing industry, will not be weaker than that of semiconductors, and the technical depth and barrier accumulation of some core companies will be significantly stronger than that of the semiconductor industry.
From the perspective of certainty and supply chain depth, the military industry is better, and the prosperity trend of the military industry will usher in an important turning point in the next few years.
From the perspective of industry growth, the compound growth rate is expected to maintain a compound growth rate of 15-20% in the next five years, and some sub-sectors are expected to achieve a compound growth rate of more than 30%. It can be said that the military industry is one of the industries with relatively certain future development prospects, and it is expected to be recognized by the market with the continuous fulfillment of its performance.