In this article, we will list the 5 Best Aerospace and Defense Stocks to Buy According to Billionaires. Please visit 10 Best Aerospace and Defense Stocks to Buy According to Billionaires if you’d like to see an extended list and how we came up with the list of best aerospace and defense stocks.
5. General Dynamics Corporation (NYSE:GD)
Number of Billionaire Investors: 20
General Dynamics Corporation (NYSE:GD) is among the 10 Best Aerospace and Defense Stocks to Buy According to Billionaires. On March 18, the Department of War announced that the company was awarded a $15.38 billion Navy contract modification involving the Columbia-class submarines.
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According to the press release, the defense contractor’s subsidiary, General Dynamics Electric Boat Corp., will support the program through the provision of services like submarine design, sustainment, lead yard services, supplier development efforts, and enterprise planning initiatives.
The contract has been offered by the Naval Sea Systems Command and is scheduled for completion by June 2035.
In other news, General Dynamics Corporation (NYSE:GD) on March 9 said that its Board of Directors had approved a regular quarterly dividend of $1.59 per share on common stock. It is payable on May 8 to all shareholders on record as of the close on April 10.
The announcement marks a 9-cent sequential increase in payout. The company is considered among the leading dividend-paying stocks in the sector due to its consistent dividend growth over the decades. It has an annual dividend yield of 1.84% as of March 20.
General Dynamics Corporation (NYSE:GD) is a leading global aerospace and defense company, operating through its Aerospace, Marine Systems, Combat Systems, and Technologies segments. It offers a broad portfolio of products and services related to ship construction, advanced weapon systems, land combat vehicles, business aviation, and more.
4. RTX Corporation (NYSE:RTX)
Number of Billionaire Investors: 23
RTX Corporation (NYSE:RTX) is among the 10 Best Aerospace and Defense Stocks to Buy According to Billionaires. On March 10, the company announced that its Pratt & Whitney business had secured a follow-on contract to provide TJ150 engines for Leidos’ AGM-190A small cruise missiles.
The turbojet engine is used in several missile programs worldwide, with more than 2,700 engines delivered to customers. The TJ150 offers more than 150 pounds of thrust, enabling it to travel at high altitudes and power several autonomous systems and weapons. It is also manufactured in a short duration of time compared to other engines.
In other news, RTX Corporation (NYSE:RTX) continues to remain on analysts’ radar and currently sports a Strong Buy rating. As of the close of business on March 20, the stock has an average share price upside potential of 15%.
Recent updates include Bernstein analyst Adrien Rabier, on March 9, maintaining a Market Perform rating on the stock, according to TipRanks. This is a reaffirmation of the firm’s earlier update on January 29, when it also lifted the price target to $204 from $189, following the company’s strong performance during the fourth quarter of fiscal 2025.
RTX Corporation (NYSE:RTX) is a giant in the global aerospace and defense industry, providing systems and services to commercial, military, and government clients. It operates through three main businesses: Collins Aerospace, Pratt & Whitney, and Raytheon.
3. Howmet Aerospace Inc. (NYSE:HWM)
Number of Billionaire Investors: 24
Howmet Aerospace Inc. (NYSE:HWM) is among the 10 Best Aerospace and Defense Stocks to Buy According to Billionaires. On March 17, BTIG maintained its Buy rating on the stock, with a share price target of $275.
This is a reaffirmation of the firm’s earlier update on February 18, when it lifted the price target to $275 from $240 and kept a Buy rating following the company’s earnings beat in the fourth quarter of 2025. BTIG noted that capital expenditure had reached record levels, and added that it expects the trend to continue, driven by increasing orders.
As of the close of business on March 20, the stock is a Strong Buy with an average share price upside potential of 22%.
In other news, Reuters reported on Tuesday that Howmet Aerospace Inc. (NYSE:HWM) was coping with a situation of soaring defense demand due to geopolitical tensions and a booming commercial aerospace sector.
While talking at the Bank of America Global Industrials Conference in London, CEO John Plant said that while the company can meet targets to increase narrowbody production, it would be a challenge to address demand immediately if the output of large long-haul jets is ramped up.
Howmet Aerospace Inc. (NYSE:HWM) provides advanced engineered solutions for the aerospace and transportation industries. The company’s primary business focus is on providing components for aircraft engines, airframe structures, and fastening systems. The stock was recently listed among the 10 Best Aerospace Dividend Stocks to Buy.
2. GE Aerospace (NYSE:GE)
Number of Billionaire Investors: 27
GE Aerospace (NYSE:GE) is among the 10 Best Aerospace and Defense Stocks to Buy According to Billionaires. On March 18, the company announced that it plans to invest over €110 million and hire more than 1,000 new workers across its manufacturing facilities in Europe to boost production capacity and fast-track advanced manufacturing.
A major chunk of the investment will be focused on modern engine test cells, the latest equipment, additive manufacturing expansion, and upgrades to existing infrastructure, which will help support engine programs for both commercial aircraft and military fighter jets and helicopters.
According to the press release, about 70% of the amount will be spent on facilities in Italy, with the rest going to Poland, the Czech Republic, the United Kingdom, and Romania.
Additionally, GE Aerospace (NYSE:GE) intends to spend around €40 million on Europe’s MRO and component repair facilities this year, as part of a $1 billion investment initiative announced in 2024.
In other news, the stock remains on analysts’ radar and currently carries a Strong Buy rating, with an average share price upside of 30% as of the close on March 20. Recent updates include Bernstein lifting its price target to $405 from $374 on March 3, while reiterating an Outperform rating on the shares.
GE Aerospace (NYSE:GE) is a global aerospace propulsion, services, and systems company with an installed base of around 30,000 military and 50,000 commercial aircraft engines. It operates through two segments: Commercial Engines & Services (CES) and Defense & Propulsion Technologies (DPT).
1. The Boeing Company (NYSE:BA)
Number of Billionaire Investors: 32
The Boeing Company (NYSE:BA) is among the 10 Best Aerospace and Defense Stocks to Buy According to Billionaires. On March 19, Tigress Financial analyst Ivan Feinseth lifted the firm’s price target on the stock to $290 from $275 and maintained a Buy rating.
In a research note to investors, Ivan noted that commercial air traffic has been on the rise for the last several decades. Moreover, the company has a record backlog of orders across commercial aerospace, defense, and space, coupled with lucrative aftermarket offerings, setting it up well to benefit.
According to TipRanks, Tigress also highlighted The Boeing Company (NYSE:BA)’s fourth quarter results, which it believes strengthen the general bullish outlook for the stock as figures suggested an inflection in scale, earnings, cash flow, and demand visibility.
In other news, Jefferies on Wednesday maintained a Buy rating on the aerospace company with a price target of $295, a reiteration of its previous adjustment in early February when it lifted the price target from $290 following the Q4 earnings report.
As of the close of business on March 20, the stock is a Strong Buy with a one-year average share price target of $278.50, representing an upside potential of approximately 43%.
The Boeing Company (NYSE:BA) is a leading aerospace company that manufactures commercial airplanes, space systems, and defense equipment for customers in more than 150 countries.
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