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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 nLIGHT LASR $2B	331	+81	+32%	$2.79B
52	52 BigBear.ai BBAI $1.08B	325	-32	-9%	$654M
53	53 COPT Defense Properties CDP $3.79B	323	+17	+6%	$3.88B
54	54 C3.ai AI $1.91B	319	-24	-7%	$715M
55	55 V2X VVX $2.15B	295	+29	+11%	$2.14B
56	56 CAE Inc CAE $7.58B	294	+28	+11%	$5.72B
57	57 Red Cat Holdings RCAT $735M	269	+57	+27%	$822M
58	58 Redwire RDW $2.16B	258	+44	+21%	$1.05B
59	59 Loar Holdings LOAR $5.81B	248	+7	+3%	$5.11B
60	60 American Superconductor AMSC $1.26B	247	+5	+2%	$1.14B
61	61 Ducommun DCO $2.52B	224	+18	+9%	$1.65B
62	62 BlackRock ETF Trust iShares Defense Industrials and Tech Active ETF IDEF $4.09B	220	+207	+1,592%	$3.38B
63	63 Voyager Technologies VOYG $1.59B	217	+37	+21%	$825M
64	64 BlackSky Technology BKSY $731M	184	+19	+12%	$564M
65	65 National Presto Industries NPK $1.05B	183	+18	+11%	$565M
66	66 Graham Corp GHM $819M	180	+19	+12%	$708M
67	67 Telos TLS $317M	160	+2	+1%	$203M
68	68 Kopin KOPN $665M	158	+14	+10%	$212M
69	69 Gilat Satellite Networks GILT $615M	144	+24	+20%	$510M
70	70 Luxfer Holdings LXFR $466M	141	+11	+8%	$302M
71	71 Unusual Machines UMAC $855M	141	+35	+33%	$299M
72	72 York Space Systems YSS $819M	140	+140	–	$1.38B
73	73 Lightpath Technologies LPTH $552M	134	+25	+23%	$339M
74	74 ARK Space & Defense Innovation ETF ARKX $709M	129	+11	+9%	$93.1M
75	75 Frequency Electronics FEIM $775M	129	+7	+6%	$316M