Top Defense Stocks To Follow Today - October 24th

Key Points

• Boeing, Rocket Lab, and GE Aerospace are identified as the top defense stocks to watch for their high trading volume recently.
• Defense stocks, including these companies, benefit from stable government defense budgets and long-term contracts, although they remain sensitive to political and geopolitical factors.
• Boeing operates across various segments including commercial jetliners and military aircraft, while Rocket Lab focuses on space services, and GE Aerospace specializes in aerospace products and services.

Boeing, Rocket Lab, and GE Aerospace are the three Defense stocks to watch today, according to MarketBeat's stock screener tool. Defense stocks are shares of companies that design, manufacture, or support military and national-security products and services—such as weapons systems, aircraft, naval vessels, satellites, defense electronics, and cybersecurity—typically sold to governments and prime contractors. Investors often view them as relatively defensive because steady government defense budgets and long-term contracts can provide more stable revenues in downturns, though performance is still affected by politics, budget cycles, and geopolitical events. 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