Citrini
· Citrini Research
· February 18, 2026 at 16:17
· ⏱ 2 min read
| Read on Substack ↗
Summary
=== SUMMARY ===
•The author is structurally bullish on the defense sector, viewing it as a key thematic trend driven by a fractured geopolitical landscape, favorable government spending ("Fiscal Primary"), and disruptive technological evolution.
•The analysis favors niche, high-growth sub-sectors ("modern warfare enablers") over traditional defense primes, believing they offer more direct exposure to the fastest-growing trends like autonomous systems, directed energy, and electronic warfare.
•The author identifies three new, actionable buckets for investment based on recent geopolitical events: Directed Energy Weapons, Subsea Drones, and strategic investment in the Arctic (specifically Greenland).
Summary
The author provides a thematic update on modern warfare, highlighting directed energy weapons, subsea drones, and Arctic defense as key areas of interest within the defense industry. This follows their previous work which included the creation of a drone-themed investment basket.
•The defense industry is a key thematic trend being followed.
•Specific areas of focus include directed energy weapons, subsea drones, and Arctic defense.
•The author's previous work in this space involved creating a 'Drone basket'.