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Defense Modernization

Defense modernization covers the rearmament and technology refresh underway as governments raise military budgets and restock depleted inventories. Contracts are long, funded, and relatively insensitive to the economic cycle.

163 stocks

Defense Tech & C4ISR Drones & Counter-Drone Military Shipbuilding Munitions Restocking

#	Name	Funds holding	Growth	Growth %	Fund value
51	51 V2X VVX $2.16B	145	-8	-5%	$349M
52	52 Cognyte Software CGNT $636M	143	-15	-9%	$256M
53	53 Comtech Telecommunications CMTL $43.7M	138	+5	+4%	$185M
54	54 nLIGHT LASR $1.97B	133	-10	-7%	$404M
55	55 Telos TLS $317M	133	-1	-0.7%	$324M
56	56 Embraer S.A. ADS EMBJ $12.9B	129	-15	-10%	$607M
57	57 DELISTED CIRCOR International, Inc CIR	120	-3	-2%	$312M
58	58 Ducommun DCO $2.53B	120	-6	-5%	$441M
59	59 National Presto Industries NPK $1.05B	113	-9	-7%	$245M
60	60 DHI Group DHX $216M	106	+12	+13%	$190M
61	RADA 61 DELISTED Rada Electronic Industries Ltd RADA	100	+1	+1%	$275M
62	62 Luxfer Holdings LXFR $466M	96	+5	+5%	$399M
63	63 Kopin KOPN $674M	94	-13	-12%	$23.5M
64	64 American Superconductor AMSC $1.27B	92	-15	-14%	$68.6M
65	65 DELISTED Emcore Corp EMKR	88	-18	-17%	$70.1M
66	66 ARK Space & Defense Innovation ETF ARKX $711M	83	-9	-10%	$17.9M
67	67 Gilat Satellite Networks GILT $616M	77	-4	-5%	$101M
68	68 908 Devices MASS $491M	77	-7	-8%	$397M
69	69 Ondas Inc ONDS $3.63B	72	+8	+13%	$56M
70	70 AgEagle Aerial Systems UAVS $44.9M	63	-9	-13%	$6.96M
71	71 Redwire RDW $2.16B	62	+15	+32%	$18.9M
72	72 Palladyne AI PDYN $197M	60	+19	+46%	$65.4M
73	73 BlackSky Technology BKSY $726M	55	-10	-15%	$39.6M
74	74 Airship AI Holdings AISP $70.3M	50	-2	-4%	$239M
75	75 DELISTED Terran Orbital Corporation LLAP	50	+28	+127%	$213M