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15 Trending Stocks In Aerospace And Defense Industry To Invest In

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The Global Aerospace & Defense industry is undergoing continuous changes as it is striving to meet the increased demands. The demands for innovative technologies is likely to help the A&D recovered from the previous year. The global A&D has experienced a downfall in 2019.

But 2020 is considered to be a year of significant milestones for the A&D sector as the industry is heading towards the new trajectory of innovation and growth. As the competition has been increasing amongst the leading global powers the focus is turned towards the development of next-generation changer technologies to improve the aerospace & defense sector.

Let’s take a quick look at 15 leading companies in the aerospace and defense industry:

Kratos Defense & Security Solutions Inc. (NASDAQ: KTOS)

Kratos Defense & Security Solutions Inc. (KTOS) stock drop by -0.81% to $19.55. The most recent rating by The Benchmark Company, on March 18, 2020, is at a Buy. Kratos Defense & Security Solutions Inc. disclosed Thursday that the second flight of the X-61A Gremlins Air Vehicle (GAV) became a success. The flight was completed in just two hours. Kratos Defense & Security Solutions has recorded the 52-weeks low and high range of $5.00-$21.90, respectively. Its market cap has remained high, hitting $2.39 billion.

Lockheed Martin Corporation (NYSE: LMT)

Lockheed Martin Corporation (NYSE: LMT) Shares headed falling, lower as much as -1.35%. The most recent rating by RBC Capital Mkts, on May 21, 2020, is at a Sector perform. Lockheed Martin Corporation has recently won a $912 million deal to support the THAAD program. The contract has been awarded to Lockheed Martin Corporation by the Missile Defense Agency. Lockheed Martin shares went up 46.65% from its 52-weeks low and moved down -11.81% from its 52-weeks high.

General Dynamics Corporation (NYSE: GD)

General Dynamics Corporation (GD) last closed at $149.35, in a 52-week range of $100.55 to $193.76. Analysts have a consensus price target of $169.24. General Dynamics Corporation announced its joint venture with Spanish defense contractor Santa Bárbara Sistemas. GD had secured an $870 million worth of a contract from the Spanish Ministry for wheeled combat vehicles. The new deal is a part of a larger contract of $2.06 billion to supply 348 wheeled combat vehicles to the Spanish military. GD is up 48.53% from its 52-weeks low and down -22.92% from its 52-weeks high.

Northrop Grumman Corporation (NYSE: NOC)

Northrop Grumman Corporation (NYSE: NOC) last closed at $342.61, in a 52-week range of $263.31 to $385.01. It has traded up 30.12% from its 52-weeks low and traded down -11.01% from its 52-weeks high. Analysts have a consensus price target of $393.18. It has secured a $45 million deal involving UH-1Y and AH-1Z helicopters. The contract has been granted to Northrop by Naval Air Systems Command, Patuxent River, MD. The contract is anticipated to complete by December 2023.

Raytheon Technologies Corporation (NYSE: RTX)

Raytheon Technologies Corporation (NYSE: RTX) stock drop by -1.99% to $61.00. The most recent rating by Argus, on July 29, 2020, is at a Hold. Raytheon Technologies earlier disclosed it has won a $21.8 million contract to support the MALD flight vehicles. It has received the investment by the Air Force Life Cycle Management Center, Robins Air Force Base, GA. The Miniature Air Launched Decoy (MALD) is a small unmanned air-launched flight vehicle. It is manufactured to protect U.S. fighters and bombers from modern netted air defenses.

The Boeing Company (NYSE: BA)

The Boeing Company (NYSE: BA) Shares headed falling, lower as much as -2.26%. The most recent rating by Wolfe Research, on July 16, 2020, is at an Underperform. The Boeing Company’s 737 MAX jetliner has received the all-clear from Canadian Aviation Regulator Transport Canada. Boeing’s 737 MAX has been stopped services since mid-March 2019 after 346 people lost their lives in two fatal crashes within six months. The test result after Transport Canada Inspection raised hopes returning the jet to service. Boeing’s total market capitalization remained high, hitting $96.10 billion.

Hexcel Corporation (NYSE: HXL)

Hexcel Corporation (NYSE: HXL) stock drop by -5.02% to $39.39. The most recent rating by RBC Capital Mkts, on August 04, 2020, is at a Sector perform. Hexcel Corporation has reported the 2020 Q2 results. It has recorded net sales of $378.7 million and adjusted diluted EPS of $0.08 per share. As per the reports company’s second Gross margin for the Q2 was 14.5% compared to 27.7% in the prior-year period.

AgEagle Aerial Systems Inc. (AMEX: UAVS)

AgEagle Aerial Systems Inc. (AMEX: UAVS) shares were trading up 23.02% at $3.10 at the time of writing on Monday. AgEagle Aerial Systems Inc. (AMEX: UAVS) share price went from a low point around $0.19 to briefly over $5.15 in the past 52 weeks, though shares have since pulled back to $3.10. UAVS market cap has remained high, hitting $176.05M at the time of writing, giving it a price-to-sales ratio of more than 290.

Virgin Galactic Holdings Inc. (NYSE: SPCE)

Virgin Galactic Holdings Inc. (NYSE: SPCE) last closed at $17.90, in a 52-week range of $6.90 to $42.49. Analysts have a consensus price target of $27.00.

Smith & Wesson Brands Inc. (NASDAQ: SWBI)

Smith & Wesson Brands Inc. (NASDAQ: SWBI) stock soar by 1.19% to $18.26. The most recent rating by Cowen, on August 25, 2020, is at an Outperform.

L3Harris Technologies Inc. (NYSE: LHX)

L3Harris Technologies Inc. (NYSE: LHX) Shares headed rising, higher as much as 0.47%. The most recent rating by The Benchmark Company, on August 03, 2020, is at a Buy.

Huntington Ingalls Industries Inc. (NYSE: HII)

Huntington Ingalls Industries Inc. (NYSE: HII) fall -0.62% after losing more than -$0.94 on Monday. This company has a 52-weeks low and high range of $147.14-$279.71, respectively. It has moved up 2.98% from its 52-weeks low and moved down -45.83% from its 52-weeks high. HII has a total market capitalization of 6.17 billion.

Textron Inc. (NYSE: TXT)

Textron Inc. (NYSE: TXT) fall -1.35% after losing more than -$0.54 on Monday. It has a day low and a high range of $39.25-$40.00, respectively. Looking at its liquidity, it has a current ratio of 2.00. Its quick ratio is 1.00. Textron Inc.’s market capitalization has remained high, hitting 8.85 billion.

Triumph Group Inc. (NYSE: TGI)

Triumph Group Inc. (NYSE: TGI) fall -3.21% after losing more than -$0.24 on Monday. Triumph Group has recorded the 52-weeks low and high range of $3.02-$29.38, respectively. It has moved up 139.40% from ist 52-weeks low and moved down -75.39% from its 52-weeks low.

Spirit AeroSystems Holdings Inc. (NYSE: SPR)

Spirit AeroSystems Holdings Inc. (NYSE: SPR) last closed at $20.56, in a 52-week range of $13.69 to $92.81. Analysts have a consensus price target of $22.19. Looking at its liquidity, it has a current ratio of 2.70. Its quick ratio is 1.90. Spirit AeroSystems has a total market capitalization of 2.14 billion.

 

 

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