5 Aerospace and Defense Stocks with the Largest 5Y Share Price Returns

4. Astronics Corporation (NASDAQ:ATRO)

5Y Price Change: 550%

Number of Hedge Fund Holders: 42

Astronics Corporation (NASDAQ:ATRO) is among the 8 Aerospace and Defense Stocks with the Largest 5Y Share Price Returns. On Monday, the company was selected to provide the low-voltage power distribution system for Vertical Aerospace’s Valo eVTOL aircraft.

This is a long-term agreement under which Astronics will supply the low-voltage power distribution for the aircraft, including hardware for power conversion and distribution, which aids in controlling electrical power for key aircraft systems by transforming high-voltage power from the propulsion architecture into low-voltage power. This is then leveraged by avionics, flight controls, and other vital systems.

According to Vertical’s press release, Astronics Corporation (NASDAQ:ATRO) has played an important role in the development of the aircraft during its prototype stage. Its hardware is already being used in the piloted flight test aircraft.

In other news, the stock continues to remain on analysts’ radar. It currently sports a Strong Buy rating and has an average share price upside potential of 19% as of the close on June 29.

Investor sentiment remains strong and steady as well. According to Insider Monkey’s database for Q1 2026, 42 hedge funds hold a stake in the company.

Astronics Corporation (NASDAQ:ATRO) provides advanced technologies to global aerospace, defense, and electronics clients. Some of its offerings include lighting and safety systems, aircraft electronics integration, automated test systems, and distribution and motion systems, among other products and services.