Excalibur is not a military stock, and now its main business is moving closer to the military industry. Therefore, we can regard Excalibur as a concept stock that passed by military stocks, but it is not military stocks in essence. In the future, the company will increase the proportion of military business and actively strive to enter the military field. If you successfully enter the military sector, then Excalibur shares can be regarded as military stocks.

Of course, there are also some military hotspots. As a concept stock, the share price of Excalibur may rise, but it is still not reliable to regard it as an investment in military stocks.