This article looks at the 10 Best Low Priced Defense Stocks to Buy Now.
While American defense stocks have had a quiet year so far, Wall Street analysts argue that the recent announcement by the U.S. and NATO to rearm Ukraine in its fight against Russia could turn things around.
Under the agreement, Washington will supply the weapons to be paid for by NATO allies. The U.S. has repeatedly urged Europe to raise its military expenditure while stressing that it could no longer foot the bill.
Last month, NATO leaders pledged to increase their defense spending to 5% of the GDP by 2035. This is a significant jump from the current target of 2% of GDP and is being seen as a major positive for the defense sector.
With that said, let’s now head over and discuss some of the best low-priced defense stocks to buy now.
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Our Methodology
We scanned through screeners to identify defense stocks with a share price of less than $10 as of the close of business on July 28. From there, we selected the top 10 stocks with the highest number of hedge fund investors having a stake in them, based on Insider Monkey’s database of 1,000 prominent hedge funds as of Q1 2025, and ranked them in ascending order. Where stocks were tied on hedge fund sentiment, we used their market caps as a tiebreaker.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
10 Best Low Priced Defense Stocks to Buy Now
10. Sidus Space, Inc. (NASDAQ:SIDU)
Share Price as of July 28: $1.17
Number of Hedge Fund Holders: 1
Sidus Space, Inc. (NASDAQ:SIDU) is among the 10 Best Low Priced Defense Stocks to Buy Now, based on hedge fund sentiment. On July 29, the company announced the closing of its public offering of 7,143,000 shares of its Class A common stock.
Each share was sold at a public offering price of $1.05 for gross proceeds of around $7.5 million, before deducting offering expenses and the placement agent’s fees. Sidus Space, Inc. (NASDAQ:SIDU) intends to use the net proceeds for operational costs, sales and marketing, product development, manufacturing expansion, working capital, and other corporate purposes.
CEO Carol Craig said the offering, coupled with the recent launch of dual-use Fortis VPX product line with integrated AI/ML processing, positions the company well to focus on growth opportunities ahead. Adarsh Parekh, the firm’s CFO, believes the additional capital will strengthen the company’s liquidity and aid in strategy execution and high-growth initiatives.
Sidus Space, Inc. (NASDAQ:SIDU) is engaged in the design, manufacture, launch, and data collection of satellites. It serves the aerospace, commercial space, and defense industries.
9. Momentus Inc. (NASDAQ:MNTS)
Share Price as of July 28: $1.17
Number of Hedge Fund Holders: 2
Momentus Inc. (NASDAQ:MNTS) is among the 10 Best Low Priced Defense Stocks to Buy Now based on hedge fund sentiment. The commercial space company offers satellite buses and in-space infrastructure services, including hosted payloads, in-space transportation, and other in-orbit services.
It is also working on several space-related defense contracts. Last month, the firm announced signing a $1.86 million SBIR contract with SpaceWERX, the innovation wing of the U.S. Space Force, to support an in-space flight demonstration of a low-cost multi-spectral sensor suite for Rendezvous and Proximity Operations (RPO). It is scheduled for early next year.
Earlier in the year, Momentus Inc. (NASDAQ:MNTS) was selected by the U.S. Air Force to demonstrate low-cost sensors for in-space Rendezvous and Proximity Operations (RPO). The company also recently shared that it had received around $1.2 million in payments since March 2025 for the successful execution of several milestones under the DARPA contract for the assembly of large structures in space.
Momentus Inc. (NASDAQ:MNTS)’s share price has been pressured in 2025, with a year-to-date decline of over 85% due to various factors, including financial challenges and several delisting warnings and deficiency notices over the past year.
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