As geopolitical tensions brew and regional conflicts persist, global defense budgets are surging, fueling demand in the military and aerospace sectors. Taiwan’s defense budget for 2024 alone has soared to NT$420 billion (about US$13 billion), surging to NT$606.8 billion (US$19 billion) after including special and non-operating budgets. This escalating demand is creating lucrative opportunities across the military and aerospace supply chains.