Promising Defense Stocks To Keep An Eye On - April 10th

Key Points

• MarketBeat flags seven Defense stocks to watch — Rocket Lab (RKLB), GE Aerospace (GE), Boeing (BA), RTX (RTX), Lockheed Martin (LMT), General Dynamics (GD), and L3Harris (LHX) — based on recent screening.
• These companies are considered defensive investments because stable government defense spending can make them less sensitive to economic downturns, and they posted the highest dollar trading volume among Defense stocks in recent days.
• Rocket Lab is highlighted for its launch services and space systems offerings and recently received approval to acquire Mynaric, signaling expansion in its space and defense capabilities.

Rocket Lab, GE Aerospace, Boeing, RTX, Lockheed Martin, General Dynamics, and L3Harris Technologies are the seven Defense stocks to watch today, according to MarketBeat's stock screener tool. Defense stocks are shares of companies that supply military equipment, aerospace systems, cybersecurity, and other goods or services to governments and armed forces. Investors consider them "defensive" because government defense spending tends to be relatively stable across economic cycles, which can make these stocks less sensitive to recessions and attractive for preserving capital during market downturns. These companies had the highest dollar trading volume of any Defense stocks within the last several days.

Rocket Lab (RKLB)

Rocket Lab USA, Inc., a space company, provides launch services and space systems solutions for the space and defense industries. The company provides launch services, spacecraft design services, spacecraft components, spacecraft manufacturing, and other spacecraft and on-orbit management solutions; and constellation management services, as well as designs and manufactures small and medium-class rockets.

Read Our Latest Research Report on RKLB

GE Aerospace (GE)

GE Aerospace (also known as General Electric) is a company that specializes in providing aerospace products and services. It operates through two reportable segments: Commercial Engines and Services and Defense and Propulsion Technologies. It offers jet and turboprop engines, as well as integrated systems for commercial, military, business, and general aviation aircraft.

Read Our Latest Research Report on GE

Boeing (BA)

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through Commercial Airplanes; Defense, Space & Security; and Global Services segments.

Read Our Latest Research Report on BA

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

General Dynamics (GD)

General Dynamics Corporation operates as an aerospace and defense company worldwide. It operates through four segments: Aerospace, Marine Systems, Combat Systems, and Technologies. The Aerospace segment produces and sells business jets; and offers aircraft maintenance and repair, management, aircraft-on-ground support and completion, charter, staffing, and fixed-base operator services.

Read Our Latest Research Report on GD

L3Harris Technologies (LHX)

L3Harris Technologies, Inc. provides mission-critical solutions for government and commercial customers worldwide. The company's Integrated Mission Systems segment provides intelligence, surveillance, and reconnaissance (ISR) systems, passive sensing and targeting, electronic attack, autonomy, power and communications, and networks and sensors, as well as advanced combat systems for air, land, and sea sectors.

Read Our Latest Research Report on LHX

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