Below pivot -5.7%
85 stocks · 4 setups today · as of Nov 6, 2026
Each stock once, in its most actionable state, ranked as on the breakout page. Chart data is 15-minute delayed; setups update after the close. For information only, not a recommendation.
| Stock | Industry | Tier | Watchlist | |||||
|---|---|---|---|---|---|---|---|---|
 BAHBooz Allen Hamilton Holding Corporation | Below pivot -6.6% | -4.44% | $85.35 | 86 | $10.27B | Government IT Services | Major | |
 SAICScience Applications International Corporation | Below pivot -5.7% | -0.38% | $146.30 | 93 | $6.19B | Government IT Services | Major | |
 PLTRPalantir Technologies Inc. | — | +3.48% | $160.38 | 76 | $368.24B | Data & Analytics Software | Major | |
 RTXRTX Corporation | — | -1.22% | $189.53 | 58 | $255.44B | Aircraft & Aerospace Parts | Major | |
 BAThe Boeing Company | — | +0.52% | $173.40 | 31 | $137.05B | Aircraft & Aerospace Parts | Major | |
 LMTLockheed Martin Corporation | — | -1.58% | $567.08 | 70 | $130.88B | Defense Contractors | Core | |
 GDGeneral Dynamics Corporation | — | -0.64% | $354.06 | 61 | $95.79B | Defense Contractors | Core | |
 NOCNorthrop Grumman Corporation | — | -0.05% | $525.01 | 51 | $74.58B | Defense Contractors | Core | |
 TDGTransDigm Group Incorporated | — | +0.66% | $1,197.01 | 59 | $66.95B | Aircraft & Aerospace Parts | Major | |
 LHXL3Harris Technologies, Inc. | — | +0.69% | $259.89 | 44 | $48.42B | Defense Contractors | Core | |
 HEIHEICO Corporation | — | +1.63% | $332.65 | 73 | $46.34B | Aircraft & Aerospace Parts | Major | |
 ESLTElbit Systems Ltd. | — | +4.80% | $682.59 | 46 | $31.98B | Defense Contractors | Core | |
 RKLBRocket Lab USA, Inc. | — | +15.39% | $53.07 | 26 | $30.72B | Space & Satellites | Major | |
 TDYTeledyne Technologies Incorporated | — | +4.54% | $618.60 | 57 | $28.67B | Test & Measurement Instruments | Major | |
 CWCurtiss-Wright Corporation | — | +6.82% | $463.47 | 25 | $17.12B | Defense Contractors | Core | |
 LDOSLeidos Holdings, Inc. | — | -2.30% | $132.68 | 58 | $16.69B | Government IT Services | Core | |
 TXTTextron Inc. | — | -1.98% | $83.54 | 54 | $14.37B | Aircraft & Aerospace Parts | Major | |
 CACICACI International Inc | — | +1.10% | $611.16 | 76 | $13.5B | Government IT Services | Core | |
 HIIHuntington Ingalls Industries, Inc. | — | -0.23% | $288.74 | 45 | $11.38B | Defense Contractors | Core | |
 BWXTBWX Technologies, Inc. | — | +3.97% | $119.52 | 20 | $10.95B | Nuclear Power Technology | Core | |
 MOG-AMoog Inc. | — | +4.87% | $323.56 | 48 | $10.25B | Aircraft & Aerospace Parts | Major | |
 DRSLeonardo DRS, Inc. | — | +3.15% | $34.04 | 39 | $9.08B | Defense Contractors | Core | |
 VSATViasat, Inc. | — | +7.70% | $63.95 | 57 | $8.81B | Telecom Carriers | Major | |
 CAECAE Inc. | — | +0.22% | $26.85 | 71 | $8.63B | Aircraft & Aerospace Parts | Major | |
 OSKOshkosh Corp | — | -1.75% | $134.36 | 40 | $8.38B | Heavy Machinery & Trucks | Major | |
 LOARLoar Holdings Inc. | — | +3.16% | $75.30 | 81 | $7.05B | Aircraft & Aerospace Parts | Major | |
 TTMITTM Technologies, Inc. | — | +6.89% | $66.51 | 11 | $6.91B | Electronic Components & EMS | Major | |
 KTOSKratos Defense & Security Solutions, Inc. | — | +5.12% | $35.10 | 17 | $6.58B | Defense Contractors | Core | |
 HXLHexcel Corporation | — | -0.27% | $80.40 | 40 | $6.08B | Aircraft & Aerospace Parts | Major | |
 KRMNKarman Holdings Inc. | — | +42.13% | $45.61 | 40 | $6.04B | Defense Contractors | Core | |
 ESEESCO Technologies Inc. | — | +2.05% | $230.41 | 31 | $5.97B | Defense Contractors | Major | |
 AVAVAeroVironment, Inc. | — | +10.46% | $112.76 | 19 | $5.71B | Drones & eVTOL | Core | |
 PSNParsons Corporation | — | -2.86% | $48.90 | 51 | $5.23B | Government IT Services | Major | |
 AMTMAmentum Holdings, Inc. | — | -0.56% | $21.25 | 51 | $5.19B | Government IT Services | Major | |
 KBRKBR, Inc. | — | -2.29% | $37.17 | 60 | $4.71B | Government IT Services | Major | |
 IRDMIridium Communications Inc. | — | +4.81% | $44.04 | 82 | $4.67B | Telecom Carriers | Major | |
 MRCYMercury Systems, Inc. | — | +12.20% | $73.55 | 36 | $4.42B | Defense Contractors | Core | |
 PLPlanet Labs PBC | — | +10.38% | $12.55 | 12 | $4.18B | Space & Satellites | Major | |
 FLYFirefly Aerospace Inc. | — | +36.80% | $20.76 | 41 | $3.41B | Space & Satellites | Major | |
 ONDSOndas Holdings Inc. | — | +18.03% | $5.34 | 18 | $3.04B | Drones & eVTOL | Core | |
 VVXV2X, Inc. | — | +2.88% | $76.14 | 74 | $2.38B | Government IT Services | Core | |
 LASRnLIGHT, Inc. | — | +29.58% | $38.02 | 27 | $2.14B | Optical & Photonic Components | Core | |
 DCODucommun Incorporated | — | +2.08% | $135.25 | 43 | $2.04B | Aircraft & Aerospace Parts | Core | |
 RDWRedwire Corp | — | +16.48% | $7.21 | 25 | $1.72B | Space & Satellites | Core | |
 VOYGVoyager Technologies, Inc. | — | +17.95% | $23.98 | 31 | $1.42B | Defense Contractors | Core | |
 BBAIBigBear.ai Holdings, Inc. | — | 0.00% | $2.22 | 20 | $1.06B | Government IT Services | Major | |
 NPKNational Presto Industries, Inc. | — | +1.37% | $142.55 | 71 | $1.02B | Defense Contractors | Core | |
 GHMGraham Corporation | — | +8.21% | $78.02 | 39 | $912M | Defense Contractors | Core | |
 BKSYBlackSky Technology Inc. | — | +11.56% | $21.33 | 49 | $873M | Space & Satellites | Major | |
 FEIMFrequency Electronics, Inc. | — | +11.03% | $60.22 | 70 | $593M | Networking & Telecom Equipment | Major | |
 KOPNKopin Corp. | — | +10.36% | $3.04 | 40 | $562M | Optical & Photonic Components | Core | |
 GILTGilat Satellite Networks Ltd. | — | +7.63% | $7.19 | 14 | $543M | Networking & Telecom Equipment | Major | |
 RCATRed Cat Holdings, Inc. | — | +18.65% | $4.04 | 8 | $488M | Drones & eVTOL | Core | |
 LPTHLightPath Technologies, Inc. | — | +14.80% | $7.06 | 18 | $338M | Optical & Photonic Components | Major | |
 MPTIM-tron Industries, Inc. | — | +5.31% | $60.34 | 36 | $262M | Electronic Components & EMS | Major | |
 ULBIUltralife Corporation | — | +0.19% | $15.66 | 98 | $261M | Batteries & Energy Storage | Major | |
 OPTXSyntec Optics Holdings, Inc. | — | +29.35% | $4.87 | 17 | $196M | Optical & Photonic Components | Major | |
 TAYDTaylor Devices, Inc. | — | +3.06% | $56.87 | 47 | $183M | Aircraft & Aerospace Parts | Major | |
 AIROAIRO Group Holdings, Inc. Common Stock | — | +9.00% | $5.21 | 21 | $164M | Drones & eVTOL | Core | |
 PDYNPalladyne AI Corp. | — | +11.65% | $3.02 | 11 | $143M | Defense Contractors | Major | |
 QUIKQuickLogic Corporation | — | +9.60% | $8.05 | 23 | $143M | Semiconductors | Major | |
 ESPEspey Mfg. & Electronics Corp. | — | +1.98% | $46.81 | 26 | $140M | Defense Contractors | Core | |
 DPRODraganfly Inc. | — | +13.70% | $3.20 | 14 | $117M | Drones & eVTOL | Major | |
 OSSOne Stop Systems, Inc. | — | +9.95% | $4.31 | 8 | $107M | Computers & Storage | Major | |
 SIFSIFCO Industries, Inc. | — | -0.59% | $16.77 | 43 | $105M | Aircraft & Aerospace Parts | Major | |
 CODACoda Octopus Group, Inc. | — | +3.73% | $8.34 | 29 | $94M | Defense Contractors | Major | |
 SPAISafe Pro Group Inc. Common Stock | — | +11.96% | $3.09 | 21 | $64M | Defense Contractors | Core | |
 CVUCPI Aerostructures, Inc. | — | +3.59% | $4.62 | 62 | $61M | Aircraft & Aerospace Parts | Core | |
 OPXSOptex Systems Holdings, Inc | — | +1.49% | $8.20 | 25 | $57M | Defense Contractors | Core | |
 TPCSTechPrecision Corporation | — | -2.39% | $4.90 | 66 | $49M | Defense Contractors | Core | |
 ELTKEltek Ltd. | — | -2.16% | $5.89 | 22 | $40M | Electronic Components & EMS | Major | |
 CTMCastellum, Inc. | — | -19.93% | $0.38 | 13 | $36M | Government IT Services | Major | |
 OPTTOcean Power Technologies, Inc. | — | +14.06% | $0.43 | 1 | $35M | Drones & eVTOL | Major | |
 SYPRSypris Solutions, Inc. | — | +1.64% | $1.24 | 13 | $29M | Electronic Components & EMS | Major | |
 BOSCB.O.S. Better Online Solutions Ltd. | — | -0.38% | $3.91 | 39 | $28M | Technology Distributors | Major | |
 MOBMobilicom Ltd | — | -8.44% | $2.17 | 7 | $26M | Networking & Telecom Equipment | Major | |
 GNTAGenenta Science S.p.A. | — | +20.56% | $0.99 | 62 | $19M | Defense Contractors | Major | |
 UAVSAgEagle Aerial Systems, Inc. | — | +2.58% | $0.32 | 5 | $18M | Drones & eVTOL | Major | |
 AIRIAir Industries Group | — | +3.38% | $2.75 | 53 | $13M | Aircraft & Aerospace Parts | Major | |
 PRZOParaZero Technologies Ltd. | — | -1.90% | $0.47 | 19 | $10M | Drones & eVTOL | Major | |
 SYNXSilynxcom Ltd. | — | -5.25% | $0.90 | 47 | $6M | Networking & Telecom Equipment | Major | |
 MOBXMobix Labs, Inc. | — | +0.07% | $0.56 | 8 | $4M | Electronic Components & EMS | Major | |
 MTEKMaris-Tech Ltd. | — | +0.45% | $0.27 | 2 | $3M | Defense Contractors | Core | |
 DFSCDEFSEC Technologies Inc. | — | +3.83% | $0.55 | 4 | $1M | Defense Contractors | Core | |
 BURUNuburu, Inc. | — | -0.59% | $0.25 | 1 | $200250 | Defense Contractors | Major |
Defense Stocks -24.2%SPY -4.9%
Equal-weight return of the theme's stocks from the range start, against SPY. Daily market data.
| Window | Theme | SPY | vs SPY |
|---|---|---|---|
| Today | +5.4% | +0.3% | +5.1% |
| 5D | -4.7% | -2.2% | -2.4% |
| 1M | -10.6% | -5.6% | -5.0% |
| 3M | -24.2% | -4.9% | -19.3% |
| 6M | -21.6% | -0.5% | -21.1% |
| YTD | -6.7% | +7.8% | -14.5% |
| 1Y | -3.7% | +7.9% | -11.6% |
Prime contractors, defense IT, advanced military technology, and aerospace components with long-duration government backlogs.
Defense stocks screened across prime contractors, defense IT, military technology, and aerospace components with daily updated market data, backlogs, and dividends.
85 US-listed stocks, placed in this theme by our own classification of each company's business. Setups come from the same chart-pattern engine as the breakout page and update after the close.
Multi-year government contracts and backlogs stretching a decade give defense stocks a revenue visibility advantage that no other sector can match.
Defense stocks offer contracted revenue visibility that stretches five to ten years. When Lockheed wins an F-35 contract or RTX books a Patriot order, that revenue is signed, funded, and scheduled — not speculative. The market pays premium multiples for this predictability. Use revenue growth and operating margin columns to see which companies convert backlog growth into expanding earnings.
Defense stocks are driven by budget cycles, geopolitical shifts, and program milestones — not the same forces that move the rest of the market.
Defense stocks do not move like the broader market — they are uncorrelated with consumer spending, rates, and the economic cycle. The annual budget process (February request, summer markup, fall appropriations) creates a predictable catalyst calendar. Layered on top are structural tailwinds: NATO 2% pledges, Indo-Pacific deterrence investments, and aging platform modernization.
Drones, autonomous systems, AI-enabled command and control, and commercial space are creating a new generation of defense companies alongside the legacy primes.
The defense industrial base is bifurcating. Primes still dominate large platform programs, but tech-first companies like Kratos (drones), AeroVironment (tactical UAVs), and Palantir (military AI) are winning contracts in areas primes were slow to address. These names grow faster but trade at higher multiples with thinner margins. Use operating margin and P/E to see which are executing versus still burning cash.
Companies whose revenue is primarily driven by government defense spending. The sector includes prime contractors (RTX, LMT, NOC), defense IT firms (PLTR, LDOS), specialty component makers (HWM, TDG), and next-gen tech companies bringing drones, AI, and space capabilities to the military.
Depends on your goal. RTX and Lockheed Martin (LMT) are the two largest primes with diversified exposure. Northrop Grumman (NOC) dominates stealth and space. General Dynamics (GD) leads on capital returns. For growth, Palantir (PLTR) is the leading defense AI platform and Kratos (KTOS) leads in tactical drones.
Lockheed is the largest pure-play defense company and runs the F-35 program. RTX is more diversified with defense systems plus Pratt & Whitney commercial engines. Lockheed outperforms when defense budgets dominate the narrative; RTX outperforms when commercial aerospace is strong. Compare their margins and yields in the table.
The US defense budget is the single largest driver of defense stock revenue. It has grown from ~$700B in 2020 to over $900B with bipartisan support. When the budget grows, contractors see larger contract pools and expanding backlogs. The February budget request and fall appropriations create a predictable catalyst calendar.
Among the most recession-resistant equities. Government defense spending is independent of the economic cycle — DoD does not cut fighter jet production when GDP slows. During 2008 and 2020, defense budgets grew while other sectors contracted. The primes maintained revenue, margins, and dividends through both recessions.
A newer segment focused on software, autonomous systems, AI, drones, and space rather than traditional hardware. Key names: Palantir (PLTR) for military AI, Kratos (KTOS) for tactical drones, AeroVironment (AVAV) for small UAVs, Axon (AXON) for law enforcement tech, and Rocket Lab (RKLB) for military satellites.
Most established defense companies pay meaningful dividends. LMT, RTX, NOC, and GD have all raised dividends for 15+ consecutive years with yields typically 1.5-3%. Defense IT firms like LDOS and SAIC also pay dividends. Newer defense tech names (PLTR, KTOS, RKLB) do not pay dividends — they reinvest for growth.
Geopolitical escalation is the most powerful near-term catalyst. Russia's Ukraine invasion triggered the largest NATO rearmament since the Cold War. Pacific tensions around Taiwan are accelerating submarine and long-range strike investments. Sustained de-escalation could reduce urgency, though structural modernization needs provide a baseline.
A backlog is the total dollar value of signed contracts not yet delivered. LMT carries $150B+ in backlog — roughly 5 years of revenue already contracted. A growing backlog signals the company is winning contracts faster than delivering, meaning future revenue is already visible and funded.
ITA provides broad sector exposure but is concentrated — top 5 holdings often represent 40%+ of the fund (RTX, Boeing, LMT). Individual stocks make sense when you want pure defense exposure without Boeing's commercial risk, or want to overweight defense tech through PLTR and KTOS. XAR offers a more equal-weighted approach.
Political and programmatic risks, not economic. Budget sequestration compressed revenue growth 2013-2016. Government shutdowns delay contract awards. Major program cancellations remove years of expected revenue. Cost overruns on fixed-price contracts compress margins. For defense tech names, losing a single contract bid can wipe out meaningful revenue.
NATO allies increasing defense spending creates direct Foreign Military Sales tailwinds. European nations buying F-35s from LMT, Patriots from RTX, and Apaches from Boeing add to US contractor backlogs. NATO's target of 2%+ of GDP implies hundreds of billions in additional allied spending over the next decade.
Revenue growth reflects contract wins and program ramps. Operating margin separates efficient primes from low-margin services businesses. FCF margin indicates program execution quality and ability to fund dividends and buybacks. P/E for peer valuation. Track backlog growth separately — it signals future revenue visibility.