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Investment theme · updated October 18, 2026

Defense stocks: aerospace and security companies, prices and rankings

The theme covers makers of military aircraft, missiles, ammunition, armored vehicles and defense electronics. Orders come from governments, so defense budgets and multi-year contracts matter most.

We track 20 companies in defense. In the last session, on Friday, October 16, 7 of 20 closed higher, and the theme moved -1.06% on a market-cap-weighted basis. The median 1-year return is +3%.

Companies20
Last session-1.06%
1-year return+3%
Median P/E30.9
Median dividend1.59%
Total market cap1.34 T $

The biggest gainers and losers in defense in the last session

The biggest gains and losses in the latest session, among companies worth more than $2 billion.

The largest companies in defense

The top 10 companies on each measure.

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#CompanyPriceFriday1 yearMarket capP/EDividend
1RTX CorporationRTX · Industrials$177.40-2.29%+30%238.9 B $32.91.55%
2The Boeing CompanyBA · Industrials$209.00-2.57%-3%164.8 B $72.6-
3Safran SASAF · Industrials€295.30+1.30%+15%142.4 B $17.11.14%
4Lockheed Martin CorporationLMT · Industrials$525.00-0.96%+12%121.1 B $25.32.59%
5General Dynamics CorporationGD · Industrials$341.10-1.33%+25%92.2 B $21.31.78%
6Northrop Grumman CorporationNOC · Industrials$542.10-1.19%+12%77.0 B $16.81.69%
7BAE Systems plcBA · Industrials£19.43+0.13%+5%76.7 B $27.71.82%
8Transdigm Group IncorporatedTDG · Industrials$1,212-3.57%-9%67.8 B $33.50.28%
9Rheinmetall AGRHM · Industrials€1,220+1.90%-28%65.9 B $78.50.92%
10Thales S.A.HO · Industrials€237.80+1.62%-3%56.7 B $29.21.69%

All stocks in defense

Sorted by market cap. Each one has its own page with the full analysis.

How we pick the companies in a theme

Each list is put together by hand, from companies that earn a large share of their revenue from the theme or lead it. We review it as the market changes. Only companies we analyze appear on the page.

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Where to buy stocks: recommended brokers

Regulated brokers, with their stock trading fees, minimum deposit and the authority that supervises them.

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Frequently asked questions about stocks in defense

What are the largest companies in defense?

By market capitalization, the largest are RTX Corporation, The Boeing Company and Safran SA.

How have stocks in defense performed over the past year?

The median 1-year return is +3%. In the last session, on Friday, October 16, 7 of 20 companies closed higher, and the theme moved -1.06% on a market-cap-weighted basis.

What dividends do companies in defense pay?

18 of the 20 companies pay a dividend, with a median yield of 1.59%. The highest yield belongs to Aerostar Bacau, at 2.67% a year.

How do you invest in stocks in defense?

Through an account with a regulated broker: buy the companies you choose or a thematic ETF that holds many of them. Popular themes can swing hard, so it pays not to put all your money in one place.

The data on this page is for information only and is not investment advice. Prices may be delayed.