The industrial sector is diverse, often being split into the three sub-sectors.

You can see on this slide, you'll probably recognize the Altos players.

They're so visible in so many people's day-to-day lives, but the other sectors may be somewhat less obvious in the aerospace and defense sector.

Rolls-Royce was very focused on autos historically, but airplane engines are its main focus today.

You may not know that it also provides parts for submarines and power stations.

Lockheed Martin is a defense contractor, manufacturing planes and missiles, as well as many other products.

Finally, we've got equipment manufacturers.

While GE does operate in the aerospace sector like Lockheed and Rolls Royce, it also produces a wide range of medical imaging devices and other equipment products.

Tyson Krupp is a very diverse business selling equipment into the steel auto, marine industries, as well as many others.

In general, the auto companies tend to be much bigger than the others in this sector, reflecting the much larger addressable market.