Top Defense Stocks To Add to Your Watchlist – April 20th

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 manufacture military equipment, aircraft, weapons systems, and provide related services (such as cybersecurity, logistics, and maintenance) and typically derive significant revenue from government defense contracts. Investors view them as relatively defensive because demand for defense spending tends to be steadier across economic cycles, which can lead to more predictable cash flows and lower sensitivity to broad 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.

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.

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.