Stocks · Theme
Defense & aerospace stocks · 32 research notes
32 Defense & aerospace stocks moving on the same story, each with a dated research note: thesis, kill line and next catalyst.
Active themeStage: maturing, as of 15 November 2026.
All 32 have a dated research note with a published kill line: the note's own test, stated in advance, of what would prove it wrong: a price level, a business fact, or both.
All stocksARXSArxisMedium Arxis, a defense, space and industrial component roll-up, is modestly likely to beat the S&P 500 after 29% organic growth and a raised outlook on 28 October 2026. Its fourth-quarter report, due about late February 2027, tests whether…AVEXAEVEXMedium AEVEX's core drone and maritime business is outgrowing its fading Ukraine work, making the shares modestly likely to beat the S&P 500 over three months. First orders under its nearly $400 million drone contract and the 2027 outlook at the…CDRECadre HoldingsMedium Cadre Holdings' 30% third-quarter sales jump to $202.9 million, 10% organic growth and first $100 million buyback give the shares a modest edge over the S&P 500. The early-March 2027 fourth-quarter report settles whether sales hold near…FLYFirefly AerospaceMedium Firefly Aerospace's third-quarter beat, raised revenue floor and record $1.7 billion backlog make its shares modestly likely to beat the S&P 500; the fourth-quarter Alpha Block II debut settles whether launches carry the $440–450 million…KRMNKarman HoldingsMedium Karman Space & Defense's 66% revenue growth and $1.7 billion backlog make its shares, 66% below their January high, more likely than not to beat the S&P 500. The fourth-quarter report and 2027 outlook, expected around March 2027, settle…LMTLockheed MartinMedium Lockheed Martin's record $292.0 billion backlog and raised 2026 guidance make the shares modestly more likely than not to beat the S&P 500 after their post-midterm rebound. The 11 December 2026 federal funding deadline shows whether…RKLBRocket LabMedium Rocket Lab's record third-quarter revenue of $267.8 million and its $3.57 billion backlog give the shares a modestly better-than-even case against the S&P 500 over three months. A dated Neutron launch quarter and fourth-quarter revenue…RTXMedium RTX Corporation's record $340 billion backlog and raised 2026 guidance outweigh a defense budget now likely to slip into 2027; the 11 December 2026 funding deadline and the first 2027 guidance at the late-January report settle the case.SAROStandardAeroMedium StandardAero's engine-overhaul profits are growing faster than revenue: third-quarter 2026 adjusted EBITDA rose 15% and the company raised 2026 guidance again on 5 November 2026. The fourth-quarter report, expected around 26 February 2027,…BABoeingLow Boeing's shares look more likely to lag the S&P 500 because 737 MAX deliveries fell to 32 in October 2026 and its airplane unit is cutting 5% of staff. The November delivery release (~8 December 2026) and 777X engine-seal and ETOPS…BETABeta TechnologiesLow Beta Technologies' shares look more likely to lag the S&P 500, because Jefferies now models first CX300 deliveries in 2028 and fourth-quarter revenue is guided below the third quarter's. The FAA's pilot-program pathway and the early-2027…ENVXEnovixLow Enovix shares are more likely to lag the S&P 500 over three months after the company dropped smartphone field testing and guided fourth-quarter sales below the third quarter's on 12 November 2026. The fourth-quarter report, expected in…GEGE AerospaceLow GE Aerospace shares are more likely to trail the S&P 500 than lead: record China orders lifted them, but services and LEAP delivery growth slowed in the third quarter. FAA approval of the GE9X mid-seal and 2027 guidance around 22 January…ONDSOndasLow Ondas Inc. shares are more likely to lag the S&P 500 over three months: the 12 November 2026 report beat on revenue but halved margins and widened losses, and the fourth-quarter 2026 report, expected around March 2027, settles whether…PLTRPalantir TechnologiesLow Palantir Technologies looks more likely to lag the S&P 500 over three months because contract signings grew only 6% in the third quarter while revenue grew 96%; the fourth-quarter report, expected around 1 February 2027, shows whether…ATIMedium ATI Inc., the titanium and nickel-superalloy supplier to aerospace, is modestly more likely than not to beat the S&P 500: its 12 November 2026 Investor Day set 2029 targets well above 2026, and the fourth-quarter report tests whether…BKSYBlackSky TechnologyMedium BlackSky's Q3 revenue of $42.8M (+118%) and a raised FY2026 guide of $140M–$150M strengthen the recovery case; Gen-3 launch timing and equity issuance settle how much the price keeps, with Investor Day on 2 December 2026.CACICACI InternationalMedium CACI International is more likely to beat the S&P 500 over three months: fiscal 2027 guidance was raised on 21 October 2026 and funded backlog grew 14.8%. The next report (~27 January 2027, est.) settles it: organic growth must top 2.1%…MRCYMercury SystemsMedium Mercury Systems beat fiscal first-quarter 2027 forecasts and raised its profit and cash outlook on 10 November 2026, giving the shares a modest edge over the S&P 500. The fiscal second-quarter report shows whether margins and cash keep…MTRNMaterionMedium Materion's record backlog (up about 35% from a year earlier) and raised $7.10–$7.40 earnings guidance make the shares modestly more likely to beat the S&P 500 over three months; the fourth-quarter report, estimated for 24 February 2027,…TTMITTM TechnologiesMedium TTM Technologies' record AI data-center board sales (third-quarter revenue $1.204 billion, up 60%) make the shares modestly more likely to beat the S&P 500 over three months after a 45.5% fall; the fourth-quarter report, expected around…ACHRArcher AviationLow Archer Aviation's pending Boeing-unit purchase would add Insitu's stated $200 million-plus of annual revenue to an air-taxi developer reporting $5.1 million a quarter, but a wider loss guide leaves the shares more likely to lag the S&P…AIROAIRO Group HoldingsLow AIRO Group Holdings is more likely to lag the S&P 500: it beat third-quarter 2026 revenue estimates and lifted backlog to about $200 million, but moved full-year growth to the low end and cash fell to $37.8 million. The fourth-quarter…CRSCarpenter TechnologyLow Carpenter Technology still guides fiscal 2027 operating income of $850–880 million, but sales missed and analysts cut targets, so the shares at $297.37 are more likely to lag the S&P 500; the late-January 2027 report decides it.DPRODraganflyLow Draganfly's third-quarter 2026 report pushed its defense-driven growth into 2027, so the shares are more likely to lag the S&P 500; priced Canadian or U.S. defense orders reaching revenue would change that.IPXIperionXLow IperionX's titanium-powder output rose to 8.7 tons in the September quarter, but it reported no fiscal 2026 revenue and Titan mine financing is unsecured, so the shares are more likely to lag the S&P 500; the cash report due around 30…LTRXLantronixLow Lantronix shares are more likely to lag the S&P 500 after investors sold a fiscal first-quarter 2027 beat down to a $4.39 close on 10 November 2026; a disclosed drone revenue figure and the February fiscal second-quarter report settle…MASS908 DevicesLow 908 Devices' shares are more likely to lag the S&P 500 despite a third-quarter beat, because the market sold the 10 November 2026 report and the 2026 outlook implies fourth-quarter growth of about 20%. The 2027 outlook due early in 2027…RDWRedwireLow Redwire Corporation's shares are more likely to lag the S&P 500 over three months: a record $619.7 million backlog has not yet produced profit, and third-quarter revenue missed estimates. The fourth-quarter report, expected around March…SATLSatellogicLow Satellogic's shares are more likely to lag the S&P 500 because its record third quarter rested on satellite sales while recurring data revenue slipped and operating profit turned to a loss. Merlin commissioning results and delivery of the…TSATTelesatLow Telesat's shares are more likely to lag the S&P 500 over three months: unresolved debt on its older geostationary satellites overshadows the Lightspeed low-Earth-orbit build, and a rescue or Chapter 11 filing would likely dilute holders.…VOYGVoyager TechnologiesLow Voyager Technologies is more likely to lag the S&P 500 over three months: record bookings and a $742 million backlog sit against widening losses, and the shares closed at $27.79 on 12 November 2026, 47.0% below the 52-week high. NASA's 8…