Don’t Miss These Top 3 Defense Stocks Set To Gain

Global military spending just surged to $2.4 trillion, with the U.S. alone approaching a $1 trillion annual defense budget. MarketBeat’s Chris Markoch shares 3 top defense stocks set to benefit from this spending boom:

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🔹 Lockheed Martin (LMT) – The world’s largest defense contractor with exposure to hypersonic weapons, AI-driven defense tech, and space systems, now trading at a discount to historical earnings. Analysts see 17% upside plus a reliable dividend yield near 2.9%.

🔹 General Dynamics (GD) – Winning major contracts for submarines, Abrams tanks, and cybersecurity, supporting strong earnings growth and margin expansion in 2025.

🔹 L3Harris Technologies (LHX) – Positioned to gain from U.S. investments in drone defense, secure communications, and potential “Golden Dome” homeland protection programs. Analysts see further upside as spending in these areas ramps up.

Amid escalating global tensions – from Russia and Ukraine to the Middle East and China’s stance on Taiwan – these defense leaders are well-positioned for growth.

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