{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Paul Truesdell Podcast","title":"Long Wars, Long Contracts: Why Army Procurement Belongs in Your Portfolio - Part 1","html":"","width":"100%","height":180,"duration":519,"description":"1Good morning, good afternoon, or good evening, depending on when you are listening. Let us begin the first part of this multi-segment series on the U.S. Army’s newest weapons programs and how they fit into our Military Procurement Portfolio.For many of you who are approaching retirement, in retirement, or well into those later years of life, I want to make something very clear: when we talk about owning the companies that design, manufacture, and maintain these weapons systems, we are talking about long-term ownership. The Military Procurement Portfolio is not designed for trading in and out, chasing headlines, or reacting emotionally to the news cycle. It is meant to be held for at least five years. That time horizon allows the technologies we are discussing to move from development into deployment, from experimental to operational, and eventually into long-term revenue streams for the companies that supply our defense infrastructure.I often explain retirement planning with four simple stages. There are the pre-go years, when you are still working, saving, and setting your foundation. Then come the go-go years, when retirement is fresh, energy is high, and travel, hobbies, and new experiences are at their peak. As time passes, most people transition to the slow-go years, when energy decreases, travel becomes less frequent, and routine settles in. Finally, there are the no-go years, when activity is limited, and the focus is on health, care, and comfort. These stages are not just about personal life—they are also a useful framework for how we think about investing. Certain holdings perform well in the early years, others provide stability in later years, but the military procurement sector fits across all four stages because it provides a combination of growth, resilience, and reliability that few industries can match.Let us consider why. Our nation is always investing in defense. Unlike consumer goods or technology gadgets that may go in and out of fashion, the...","thumbnail_url":"https://img.transistorcdn.com/115-XsjkdwCpJ99xv-8oZ76t6jr8ScWEC5MYSKzL0ig/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS82MTUx/OWRiNTc0NTk0Y2Nk/M2VjYTliMGVhN2Zm/YTZkZi5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}