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Industrials on the Rise: Defence Spending and Market Impact

Recorded on September 2nd, 2025

In this episode of InFocus, TriCert Investment Counsel Portfolio Managers Candis Fitch, CIM®, CIWM, and Dave Gill, CFA®, MBA, examine the industrials sector through the lens of rising global defence spending. With shifting geopolitical priorities, NATO’s renewed commitments, and evolving U.S. strategies, defence contractors are entering a multi-year investment cycle.

Candis and Dave break down how core pick quality companies, such as CAE and General Dynamics, are positioned to benefit, highlighting their strengths in simulation, aerospace, and defence technology, as well as the long-term fundamentals driving these businesses. They also share how TriCert approaches opportunities in this environment, striking a balance between quality, efficiency, and disciplined investing to deliver clarity for clients.

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