5 Best Small Cap Defense Stocks to Buy Now

3. V2X, Inc. (NYSE:VVX)

Market Cap as of April 27: $1.28 Billion

Number of Hedge Fund Holders: 19

V2X, Inc. (NYSE:VVX) is a leading provider of critical mission solutions to defense companies across the globe. At the end of the fourth quarter of 2022, 19 hedge funds were long V2X, Inc. (NYSE:VVX) and held stakes worth $44.5 million in the company. Of those, Portolan Capital Management was the leading investor in the company and disclosed a position worth $4.8 million.

On March 3, V2X, Inc. (NYSE:VVX) posted strong earnings for the fourth quarter of fiscal 2023. The company reported an EPS of $0.92 and outperformed EPS estimates by $0.03. The company’s revenue for the quarter amounted to $978.17 million and beat Wall Street consensus by $7.58 million. As of April 27, V2X, Inc. (NYSE:VVX) has surged 11.45% over the past 12 months and has a market cap of $1.28 billion. The stock is one of the best small-cap defense stocks to buy now according to hedge funds.

As of January 25, RBC Capital analyst Ken Herbert has a $55 price target and an Outperform rating on V2X, Inc. (NYSE:VVX).