SPAC aimed at Defence sector, made up of a team of ex govt, cabinet and military officials with deep rooted connections to the incoming US administration.
Thats a big ask. Throwing together a defence company with no track record and hoping to win contracts.
I’d usually be wary of investing in the defence industry, but this CNBC article indicates that it has some big Wall Street backing. So it could end up being a decent long-term play.