In this article, we will list the 5 Best Military Drone Stocks to Buy Right Now. Please visit 10 Best Military Drone Stocks to Buy Right Now if you’d like to see an extended list and how we came up with it.

5. Lockheed Martin Corporation (NYSE:LMT)

Number of Hedge Fund Holders: 59

Lockheed Martin Corporation (NYSE:LMT) is among the 10 Best Military Drone Stocks to Buy Right Now. On April 14, the company said it had secured a $1.9 billion contract from the Pentagon to continue the C-130J Maintenance and Aircrew Training System program.

According to the defense contractor’s press release, this is a sole-source, IDIQ agreement that will run for a period of ten years. The deal will help ensure the uninterrupted provision of training devices and support for aircrews and maintenance staff of the military transport aircraft.

In other news, Lockheed Martin Corporation (NYSE:LMT) continues to remain on analysts’ radar and sports a Hold rating with an average share price upside potential of 12% as of the close of business on April 16.

On April 7, Jefferies lifted its price target on the stock to $640 from $630 and maintained a Hold rating. In a research note to investors, the analyst said that she expects first-quarter revenue to be flat at $18 billion and miss the consensus of $18.4 billion, with EPS also likely to fall below estimates by 2%. The firm further added that the company is likely to keep its current guidance for 2026 intact.

Lockheed Martin Corporation (NYSE:LMT) is one of the largest defense contractors in the world. It is famed for manufacturing notable fighter jets, including the F-35. The company also delivers advanced autonomous solutions to the US military to meet the needs of its most demanding missions.

4. Northrop Grumman Corporation (NYSE:NOC)

Number of Hedge Fund Holders: 62

Northrop Grumman Corporation (NYSE:NOC) is among the 10 Best Military Drone Stocks to Buy Right Now. It is the maker of the MQ-4C Triton, which is considered one of the world’s most advanced uncrewed maritime ISR and targeting aircraft.

The high-altitude unmanned aerial vehicle is in use by the U.S. Navy and the Royal Australian Air Force and helps perform a wide range of operations, such as maritime patrol, search and rescue missions, and intercepting electronic signals and communications. The highly sophisticated drone has been actively used by the U.S. in the ongoing war against Iran as well.

Northrop Grumman Corporation (NYSE:NOC)’s prowess in autonomous systems is not just limited to the MQ-4C Triton. Earlier this year, in January, the company was chosen by the Marine Corps to develop the Collaborative Combat Aircraft with Kratos’ Valkyrie uncrewed aerial system.

In other news, the stock continues to remain on analysts’ radar and currently has a Moderate Buy rating with an upside potential of 13% as of the close on April 16. Recent updates include Jefferies on April 9, lifting its price target on NOC to $710 from $690 and maintaining a Hold rating.

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.

3. Honeywell International Inc. (NASDAQ:HON)

Number of Hedge Fund Holders: 79

Honeywell International Inc. (NASDAQ:HON) is among the 10 Best Military Drone Stocks to Buy Right Now. On March 31, the company announced that it had partnered with Odys Aviation to deliver a counter-unmanned aerial system.

The initiative is expected to strengthen domestic aviation leadership in the United States through the deployment of home-built drone systems to protect strategic assets and vital infrastructure from the rapidly emerging drone threats.

The collaboration comes after more than a year of joint development and integration to ensure compatibility between Honeywell Aerospace’s SAMURAI platform and Odys Aviation’s Laila UAV.

According to Honeywell International Inc. (NASDAQ:HON)’s press release, the SAMURAI-Laila system comes up with an airborne defense layer between sensors on the ground and missile defense systems, which will ensure increased coverage and also cut dependence on kinetic defenses.

In related news, Honeywell signed a Memorandum of Understanding with LIG Nex1 in February to explore future collaboration on building solutions for the unmanned aerial vehicle market and other defense technologies.

Honeywell International Inc. (NASDAQ:HON) is an integrated operating company serving a range of industries by delivering actionable solutions to address complex challenges in aviation, automation, and process technology.

2. RTX Corporation (NYSE:RTX)

Number of Hedge Fund Holders: 79

RTX Corporation (NYSE:RTX) is among the 10 Best Military Drone Stocks to Buy Right Now. On April 13, Jefferies analyst Sheila Kahyaoglu trimmed the price target on the stock to $210 from $225, while reiterating a Hold rating.

According to TipRanks, the firm said it had revised estimates for the companies in the aerospace and defense sector as part of its first-quarter earnings review.

As of the close of business on April 16, the stock is a Moderate Buy with an average share price upside potential of 15%.

In other news, RTX Corporation (NYSE:RTX) on Monday said it had successfully tested a mid-wave infrared (MWIR) camera that captures rapid motion pictures in real time while reducing processing and power demands. The capability is expected to improve battlefield awareness and offer better drone and aircraft surveillance.

The company is also a major player in counter-drone technology. Bloomberg reported this week that the American military was looking to sign a long-term deal with RTX for Coyote drone interceptors in its quest to ensure a steady supply, given the ongoing geopolitical conflicts.

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.

1. The Boeing Company (NYSE:BA)

Number of Hedge Fund Holders: 114

The Boeing Company (NYSE:BA) is among the 10 Best Military Drone Stocks to Buy Right Now. On Thursday, the company said that it was working alongside its unit Millennium Space Systems to increase space production capacity and launch a new satellite platform amid rising demand.

The effort aims to support government and commercial clients through quicker and more flexible mission delivery. The aerospace firm is aiming for 26 satellite deliveries this year, up from 11 in 2025.

The initiative includes a new satellite platform called Resolute, which will provide improved speed and flexibility compared to larger satellites and is built for missions that need more capabilities than a typical small satellite can offer, The Boeing Company (NYSE:BA) said in a press release.

Earlier on April 15, the company said that it had received a $324 million contract from the U.S. Army for 6 CH-47F Block II Chinook helicopters, raising the number of these helicopters under contract to 24.

In other news, Boeing remains on analysts’ radar and currently sports a Strong Buy rating, with an average upside potential of 26% as of the close on April 16.

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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