Top Defense Stocks To Keep An Eye On - March 20th

Key Points

• MarketBeat's screener names Rocket Lab (RKLB), GE Aerospace (GE), and Boeing (BA) as the top defense stocks to watch today, citing they had the highest dollar trading volume among defense names in recent days.
• Rocket Lab offers launch services and small/medium rockets and space systems, GE Aerospace supplies commercial and military engines and propulsion technologies, and Boeing builds commercial jetliners plus military aircraft, satellites and missile defense systems.
• Investors often view defense stocks as relatively stable or recession-resistant because a large share of revenue comes from long-term government contracts and steady defense spending.

Rocket Lab, GE Aerospace, and Boeing are the three Defense stocks to watch today, according to MarketBeat's stock screener tool. Defense stocks are shares of companies that design, manufacture, and support military equipment and services—such as aircraft, weapons, electronics, and defense systems. Investors often view them as relatively stable or recession-resistant because a large share of their revenue comes from long-term government contracts and steady defense spending. 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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.