11 Best Military Technology Stocks to Buy Right Now

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7. Northrop Grumman Corporation (NYSE:NOC)

Number of Hedge Fund Holders: 59

Northrop Grumman Corporation (NYSE:NOC) is among the 11 best military technology stocks to buy right now. On February 18, Citigroup analyst John Godyn reiterated a Buy rating on the stock with a price target of $781.

This is a reaffirmation of the firm’s update on the stock on January 28, when it lifted the price target to $781 from $715 following the Q4 earnings report. In a research note to investors, Citigroup cited the company’s forecast of mid-single digit sales growth in 2026 as the reason behind the adjustment.

As of the close of business on February 20, the stock is a Moderate Buy with a one-year average share price target of $733.75, representing an upside of just over 1%.

Northrop Grumman Corporation (NYSE:NOC) posted revenue of $11.71 billion for the fourth quarter of 2025, an increase of about 10% from the prior year, driven by geopolitical conflicts that are fueling strong demand for arms. Adjusted net earnings stood at $7.23 per share, beating estimates by 25 cents and up 13% year-over-year.

In other news, on February 10, the defense contractor announced a quarterly dividend of $2.31 per share on common stock to all shareholders on record as of February 23. The payment is scheduled for March 11. The company was recently ranked among the 7 Best Defense Dividend Stocks to Buy by Insider Monkey.

Northrop Grumman Corporation (NYSE:NOC) is one of the world’s largest defense contractors. It is engaged in the design, development, integration, and maintenance of advanced systems across aeronautics, space, defense electronics, and mission solutions.

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