It started with the flagship Moskova, which was sunk by Ukrainian missiles in the war's opening weeks, and then was followed by several more Russian warships that were picked off by naval drones.

I think that has spiked a lot of activity by governments and companies and entrepreneurs to try to innovate and create new solutions that can help countries defend themselves in a world that's more fluid, more dynamic, and quite different than before.

Also, the broader effort for reshoring and reindustrialization in the U.S. has also spurred a lot of activity and entrepreneurship efforts and big investments in areas that were often mostly dominated by other foreign countries, given the global supply chains that we used to have

Dean says that some of Cambridge's clients can't invest in it at all.

You know, we work with more than a thousand clients all over the world, institutions and families.

Some of these clients have restrictions in terms of their ability to invest in the military space.

We work with clients that have a wide range of values.

At the same time, many of our clients will be very glad to back companies that will help make the U.S. and its allies safer and stronger.