NOC Northrop Grumman Corporation

Boeing's $20B Navy win adds to a string of defense and commercial orders. Here are the ETFs offering exposure to the aerospace giant.

The Navy just handed Boeing a landmark fighter contract, but the stock barely moved and a protest from the loser could unwind the whole deal before a single jet gets built.

LMT's $94.2M U.S. Navy award advances AEGIS integration for Canada, reinforcing its role in global naval defense modernization.

The stocks in this article have caught Wall Street’s attention in a big way, with price targets implying returns above 20%. But investors should take these forecasts with a grain of salt because analysts typically say nice things about companies so their firms can win business in other product lines like M&A advisory.

Northrop Grumman has seen its share price slip in recent months, yet over a longer stretch it has still delivered a solid gain. This puts the spotlight squarely on what investors are paying for its future cash flows. With new defense and space contracts in the headlines, the key issue is whether the current US$504.61 price fairly reflects the cash the business is expected to generate. Over the past 5 years, Northrop Grumman has produced a 48.0% total return. Anyone looking at the stock today...

Boeing's more than $20 billion Navy jet contract is icing on the cake for its long-struggling defense business.

KTOS plans to begin solid rocket motor production at its new Prometheus campus in 2027, backed by up to $175 million in committed capital.

Boeing shares jumped on Wednesday after scoring a $20 billion contract for the Navy's next-generation fighter jet.

RTX's $50.1 million Navy repair order highlights sustained electronic warfare demand and recurring support needs for the Next Generation Jammer program.

Boeing Wins $20 Billion F/A-XX Deal, Adding Another Major Defense Program

The win follows last year's F-47 award, giving Boeing both US sixth-generation fighter programs

Boeing (NYSE:BA) has been selected to develop the U. S.

↗️ Boeing (BA): The aerospace company secured a contract valued at more than $20 billion from the U.S. Navy to build its next-generation jet fighter.

Boeing rises after the plane maker wins a multibillion-dollar Navy contract, while Robinhood gets a boost from its rollout of AI agents.

The deal tasks Boeing with building the next-generation jets that will eventually replace the carrier-launched F/A-18 Super Hornet in the 2030s, the Navy said.

Boeing Co. has been awarded a massive contract exceeding $20 billion to develop the U.S. Navy's next-generation F/A-XX stealth fighter, beating out competitor Northrop Grumman Corp.

The Navy chose Boeing to build its next-generation jet fighter, the latest in a run of contract wins at the aerospace giant’s military unit. The deal, worth more than $20 billion, tasks Boeing with building the next-generation jets that will eventually replace the carrier-launched F/A-18 Super Hornet in the 2030s, the Navy said. Boeing beat Northrop Grumman its only rival in the competition after Lockheed Martin dropped out of the running last year.

Tuesday, the Navy awarded Boeing a multi-billion-dollar contract to make its F/A-XX sixth-generation fighter jet. Boeing stock rose $4.57, or 2.4%, in after-hours trading to $192.25. “It’s an honor to be selected to produce the Navy’s first sixth–generation platform,” said Steve Parker, president and chief executive officer, Boeing Defense, Space & Security, in a news release.

Investing.com -- Boeing Co (NYSE:BA) shares advanced late Tuesday after the U.S. Navy selected the aerospace defense contractor to lead full-scale development of its next-generation carrier-based strike fighter.

GE Aerospace (GE) stock trades at an earnings multiple of 36.9, compared to 22.1 for the S&P 500. That's steep for a company like GE and needs justification. While management highlights that adjusted revenue has grown at least 20% in each of the last five quarters, that the high valuation assumes uninterrupted expansion. Yet in July, management acknowledged that demand is no longer the main driver of services growth. And that raises the question: Is GE Aerospace stock riskier than it looks.

RTX's $20.7B AMRAAM contract and rising U.S. and global demand support higher missile output and long-term defense growth opportunities.

LMT's $18.9M radar contract boost lifts the program's value to about $1.01B, extending work through June 2029.

ACHR uses its golden manufacturing line to apply early-build lessons and prepare Midnight for high-volume production.

A $10,000 holding in Boeing (BA) at Friday's close was worth about $9,310 after trading on Monday, September 28, 2026—a drop of roughly 6.9%. The S&P 500 slipped 0.8% that day, so the news was Boeing’s, even if the fallout is limited to Commercial Airplanes. So what sent Boeing stock down on Monday.

RKLB uses rapid prototyping and integrated manufacturing to accelerate space-product development and production.

BA and NOC show contrasting fundamentals, with aircraft demand, defense programs, backlogs and financial metrics shaping the outlook.

Factories central to refilling America’s weapons stockpiles have suffered from underinvestment and inconsistent contracting.

Investing.com -- North Korea has begun testing swarm attacks combining drones, missiles, rockets and artillery, adopting tactics used in Ukraine and the Middle East that could put greater pressure on U.S. and allied air defences, the Wall Street Journal reported.

Investing.com -- The United States understands Taiwan’s defence requirements and the military pressure it faces from China, a senior Taiwanese diplomat said Sunday following last week’s summit between U.S. and Chinese leaders, Reuters reported.

Northrop Grumman (NOC) has secured a US$123.8 million contract from the U.S. Navy to produce 67 APG-85 radars for the F-35 program, providing production visibility through February 2031. The contract lands at a time when Northrop Grumman’s 1-year total shareholder return is down 12.7%, while the 3-year and 5-year total shareholder returns of 21.9% and 53.4% point to a stronger long-run record and indicate that recent momentum has faded. Scan how Northrop Grumman’s radar contract fits into...

One trades at a steep valuation premium despite deeper losses, while the other boasts a stronger balance sheet but faces government contract concentration.

NOC lands a $123.8M U.S. Navy award tied to 67 APG-85 radars, boosting F-35 production visibility through February 2031.

LHX's disciplined contract cost management is likely to support profitability as technical, schedule and cost risks are retired.

TTM Technologies and Amphenol have seen their shares soar so far this year.

GE Aerospace (GE) earns the widest operating margin in a group of six peer companies, and it grows revenue faster than all but one of them. The market already charges for that lead. Yet over the past twelve months the stock has returned far less than RTX, a slower-growing rival. The quality is real. The question is how much of it you are already paying for.

NOC's APN-241 avionics award highlights sustainment opportunities tied to aging Air Force aircraft systems.

LMT's MFC segment is gaining momentum as higher PAC-3, THAAD and PrSM volumes lift sales, profit and backlog.

Rocket Lab (RKLB) booked $0.8 billion of revenue over the last twelve months. The market values it at $45.3 billion. That price appears to assume something large is still ahead. Two things must both be true for it to pay off. It has to work. It has to be big enough to matter. So what has not flown yet.

A defense analyst warned that China may be watching gleefully as the Pentagon scrambles to restock two weapons classes critical to any future great-power fight. Four defense contractors sit at the center of a procurement surge that may arrive too slowly to matter.

Even if they go mostly unnoticed, industrial businesses are the backbone of our country. Still, their generally high capital requirements expose them to the ups and downs of economic cycles, and the industry’s six-month return of 4.9% has fallen short of the S&P 500’s 18% rise.

RDW's autonomous docking system supports rendezvous, docking and resource transfer, opening another path in future space infrastructure.

BA's Kuwait Super Hornet support deal highlights international demand for military aircraft and long-term lifecycle services.

If you own Boeing (BA), the worry is whether its commercial airplane business can earn money on the jets it sells. In the second quarter of fiscal 2026, that business lost money. Its operating margin was negative 2.7%, meaning costs ran above sales. The jet business brought in nearly half of Boeing's revenue for the quarter. That makes its margin the number that matters most for Boeing's profits.

Firefly trades at a fraction of Rocket Lab's valuation multiple, but both face steep cash burn and profitability hurdles in 2026.

Palantir is in the AI defense spotlight, but a pair of hardware-focused rivals may offer a steadier way to play the same trend.

Will one great product make AeroVironment stock a great investment?

Investing.com -- The U.S. State Department has approved a potential $2.7 billion military sale to Ukraine covering air defense upgrades, weapons, and related equipment and services, according to a congressional notification late Friday.

Boeing (BA) stock is down about 8% over the past year and trades about 22% below its 52-week high. Inside the factories the picture reads differently: the company is delivering airplanes at a pace it has not managed since 2018, against a record order book. The upside case rests on a clear assumption: translating that delivery pace into positive free cash flow.

Rocket Lab (RKLB) has gained 9.5% over the last five trading days, while the S&P 500 added 0.6%. A week like that pulls money in. The stock is still about 55% below its 52-week high. The run is not the question. What matters for your money is what this stock does to your portfolio when the market moves, because it travels about four times as far as the index in both directions.

A new JATM framework agreement with Lockheed Martin could boost missile production and create broader opportunities across defense ETFs.