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Best Defense Stocks To Follow Now - March 2nd

RTX logo with Aerospace background
Image from MarketBeat Media, LLC.

Key Points

  • RTX, Lockheed Martin and Kratos are MarketBeat's top three defense stocks to watch, selected for having the highest dollar trading volume among defense names in recent days.
  • Defense stocks are viewed as defensive investments because their revenues are often backed by long-term government contracts, making them less sensitive to economic downturns and sometimes offering steady dividends and lower volatility.
  • Company focuses differ: RTX operates Collins Aerospace, Pratt & Whitney and Raytheon businesses; Lockheed Martin spans aeronautics, missiles, rotary systems and space; Kratos specializes in government solutions and unmanned systems.
  • MarketBeat previews top five stocks to own in May.

RTX, Lockheed Martin, and Kratos Defense & Security Solutions are the three Defense stocks to watch today, according to MarketBeat's stock screener tool. Defense stocks are shares of companies that produce military equipment, aerospace systems, weapons, cybersecurity and other goods or services sold primarily to governments and defense contractors. Investors view them as relatively defensive because their revenues are often backed by long-term government contracts and tend to be less sensitive to economic downturns, sometimes offering steady dividends and lower volatility than cyclical sectors. These companies had the highest dollar trading volume of any Defense stocks within the last several days.

RTX (RTX)

RTX Corporation, an aerospace and defense company, provides systems and services for the commercial, military, and government customers in the United States and internationally. It operates through three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. The Collins Aerospace Systems segment offers aerospace and defense products, and aftermarket service solutions for civil and military aircraft manufacturers and commercial airlines, as well as regional, business, and general aviation, defense, and commercial space operations.

Read Our Latest Research Report on RTX

Lockheed Martin (LMT)

Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. The company operates through Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space segments.

Read Our Latest Research Report on LMT

Kratos Defense & Security Solutions (KTOS)

Kratos Defense & Security Solutions, Inc. engages in the provision of mission critical products, services and solutions for United States national security priorities. It operates through the Kratos Government Solutions (KGS) and Unmanned Systems (US) segments. The KGS segment consists of an aggregation of KGS operating segments, including microwave electronic products, space, satellite and cyber, training solutions.

Read Our Latest Research Report on KTOS

See Also

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