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5 Best Defense Contractor Stocks to Buy Right Now

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In this article, we will list the 5 Best Defense Contractor Stocks to Buy Right Now. Please visit 8 Best Defense Contractor Stocks to Buy Right Now if you would like to to see the extended list and the methodology behind it.

5. L3Harris Technologies, Inc. (NYSE:LHX)

Stock Upside Potential: 14.80%

Number of Hedge Fund Holders: 48

L3Harris Technologies, Inc. (NYSE:LHX) is one of the best defense contractor stocks to buy right now. On March 24, L3Harris Technologies, Inc. (NYSE:LHX) began high‑volume production of its VAMPIRE counter‑drone systems in Huntsville, Alabama to meet growing demand from the U.S. and allies facing persistent drone threats.

The facility features flexible assembly, testing, and installation areas that allow VAMPIRE to be integrated onto vehicles and containerized weapon systems, with capacity to scale as needed. Company leaders emphasized the urgency of delivering these combat‑proven systems quickly to protect lives. VAMPIRE has already been used successfully in European operations since 2023, and in 2025, L3Harris expanded the family to include land, maritime, air, and electronic warfare variants.

On March 18 at the JPMorgan Industrials Conference 2026, L3Harris Technologies outlined its strategic growth plans for the year.

At the top of the list is the planned initial public offering of the company’s Missile Solutions segment, as the company also eyes investments across various sectors to unlock growth opportunities. L3Harris Technologies is currently working on regulatory compliance as it seeks to close the IPO in the second half of the year.

In addition, the company plans to become the largest supplier of solid rocket motors. It already boasts a $20 billion pipeline, including $2 billion in contracts in South Korea. It has also inked a deal with a NATO ally as a customer. L3Harris Technologies projects high teen’s compound annual growth in margins through 2028, driven by revenue doubling.

The company delivered a 3% increase in revenue in 2025 to $21.9 billion, with diluted earnings per share of $10.73. For 2026, the company expects EPS to range between $11.30 and $11.50.

L3Harris Technologies, Inc. (NYSE:LHX) is a major American aerospace and defense contractor that provides advanced technology solutions across air, land, sea, space, and cyber domains. It specializes in tactical communications, electronic warfare, night vision equipment, and integrated mission systems (ISR) for government and commercial customers worldwide.

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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