11 Best Performing Defense Stocks to Buy Now

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6. Mobilicom Limited (NASDAQ:MOB)

YTD Gains as of August 28: 84.44%

Mobilicom Limited (NASDAQ:MOB) is among the 11 Best Performing Defense Stocks to Buy Now. On August 21, the company announced that a major Israeli defense contractor, which is a Tier-1 customer, had selected its Ground Control Stations (GCS) to support the latter’s Remote Control Weapons Systems (RCWS).

This win marks a significant cross-sale and expansion with the client, which has already integrated Mobilicom Limited (NASDAQ:MOB)’s SkyHopper datalinks into other critical defense platforms.

The 10” Maxi Controller Pro is a tactical GCS that supports drone and robot operations with various payloads. The ability to transmit real-time HD video and broadband data content, coupled with simultaneous daylight-readable viewing, makes it a perfect fit for air and ground missions.

According to Mobilicom Limited (NASDAQ:MOB), it is fully integrated with the customer’s RCWS and is in the final stage of testing with Israel’s Ministry of Defense. The company views the deployment as a potential catalyst for international sales and large scale production orders ahead.

Mobilicom Limited (NASDAQ:MOB) provides cybersecure solutions for the defense and commercial drone and robotics market. The stock has surged over 84% year-to-date, as of the close of business on August 28.

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