← All themes

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
126	126 REX Drone ETF DRNZ $88.7M	–	–	–	–
127	127 DUKE Robotics DUKR $13.9M	–	–	–	–
128	128 U.S. Defense ETF DUTY $2.91M	–	–	–	–
129	129 The Elmet Group ELMT $570M	–	–	–	–
130	EMAN 130 DELISTED eMagin Corporation EMAN	–	–	–	–
131	131 First Breach Inc FBDT $45.7M	–	–	–	–
132	132 Pacer Solactive Whitney Future of Warfare ETF FOWF $14.2M	–	–	–	–
133	133 HawkEye 360 Inc HAWK $1.22B	–	–	–	–
134	HONA 134 Honeywell Aerospace HONA $50.6B	–	–	–	–
135	135 BlackRock ETF Trust iShares Defense Industrials and Tech Active ETF IDEF $4.07B	–	–	–	–
136	136 Infleqtion Inc INFQ $2.01B	–	–	–	–
137	137 Defiance Drone and Modern Warfare ETF JEDI $140M	–	–	–	–
138	138 PLUS Korea Defense Industry Index ETF KDEF $93.1M	–	–	–	–
139	139 Karman Holdings KRMN $4.12B	–	–	–	–
140	LYNX 140 Lyntris LYNX $1.32B	–	–	–	–
141	MANT 141 DELISTED Mantech International Corp MANT	–	–	–	–
142	142 Merlin Inc MRLN $113M	–	–	–	–
143	143 Themes Transatlantic Defense ETF NATO $89.5M	–	–	–	–
144	PAE 144 DELISTED PAE Incorporated Class A Common Stock PAE	–	–	–	–
145	RADA 145 DELISTED Rada Electronic Industries Ltd RADA	–	–	–	–
146	146 Ralliant Corp RAL $7.38B	–	–	–	–
147	147 DELISTED VictoryShares Protect America ETF SHLD	–	–	–	–
148	148 Safe Pro Group Inc SPAI $74.7M	–	–	–	–
149	149 SpaceX SPCX $1.91T	–	–	–	–
150	150 Swarmer Inc SWMR $137M	–	–	–	–