Portfolio PositioningRalliant's mix of test-and-measurement, high-margin utilities, and defense-technology assets aligns growth with secular trends in electrification, digitization, and grid modernization.
T&M Margin ExpansionThe test-and-measurement market appears to have bottomed, with sequential recovery through 2026 expected to drive improving margins and stronger incremental profitability.
Valuation UpsideShares trade at a discount to peers and could re-rate as management builds an execution track record and consistently meets public commitments.