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Promising Defense Stocks Worth Watching - August 24th

Boeing logo with Industrials background
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Key Points

  • Boeing, Rocket Lab, GE Aerospace, RTX, and Honeywell Aerospace were identified as defense stocks to watch based on their recent high dollar trading volume.
  • The companies span commercial and military aircraft, space launch and systems, aerospace engines, missile defense, avionics, and other defense technologies.
  • Defense stocks may benefit from long-term government spending, but investors should consider risks including budget changes, geopolitical developments, regulation, and contract uncertainty.
  • MarketBeat previews the top five stocks to own by September 1st.

Boeing, Rocket Lab, GE Aerospace, RTX, and Honeywell Aerospace are the five Defense stocks to watch today, according to MarketBeat's stock screener tool. Defense stocks are shares of companies that provide military equipment, technology, services, or systems to governments and armed forces. Investors often view them as potentially stable investments because they may benefit from long-term government defense spending, though they remain subject to budget changes, geopolitical developments, regulation, and contract risk. These companies had the highest dollar trading volume of any Defense stocks within the last several days.

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

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

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

Honeywell Aerospace (HONA)

Honeywell Aerospace Inc. manufactures and supplies aircraft components, avionics, engines, and systems for airframe manufacturing, commercial airline, military and defense, business aviation, and space markets, as well as other markets in the aerospace industry. The company offers actuation products, air and thermal management products, auxiliary power units, cabin management and entertainment products, cockpit systems and displays, electric power products, engines, health and usage monitoring products, lighting products, microelectronics, navigation products and radios, recorders and transmitters, satellite communications, sensors, space products, terrain and traffic awareness, vehicle turbochargers, weather radars, and wheels and braking systems.

Read Our Latest Research Report on HONA

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