KO KOG Kodiak Gas Services, Inc. Loading... : Bullish and Bearish Analyst Opinions

"We still see a high demand for air defense and our air strike missile capacity... margins... now almost at 21%." The combination of a "high demand" environment (order backlog) and significantly improved profitability (margin expansion) indicates that defense primes are entering a "Golden Age" of free cash flow. Kongsberg (KOG) and peer Rheinmetall (RNMBY) are direct beneficiaries of the European rearmament cycle. LONG. These companies are transitioning from "stable yield" to "growth" assets due to the geopolitical supercycle. Government budget constraints or a sudden de-escalation in geopolitical tensions reducing forward order books.