{"id":1055927,"date":"2025-03-28T21:24:38","date_gmt":"2025-03-29T01:24:38","guid":{"rendered":"https:\/\/www.finder.com\/ca\/?p=1055927"},"modified":"2026-06-18T17:29:32","modified_gmt":"2026-06-18T21:29:32","slug":"defense-stocks","status":"publish","type":"post","link":"https:\/\/www.finder.com\/ca\/stock-trading\/defense-stocks","title":{"rendered":"10 defense stocks to watch"},"content":{"rendered":"

Considering investing in defense stocks? While the best defense stocks depend on your portfolio and investment goals, we've identified some defense stocks that are worth keeping an eye on in the industrials sector. Keep reading to learn more about defense stocks and how to start investing.<\/p>\n\n\n \n \n \n \n \n\n \n\n

10 popular defense stocks to watch<\/h3>\n\n

We round up a selection of stocks in or related to the industrials industry, weighting the list more heavily towards popular mid- and large-cap stocks.<\/p>\n\n\n\n\n \n\n \n \n \n \n \n \n \n \n \n \n \n \n
Best stock<\/th>\n 1-year return<\/strong><\/th>\n Market cap<\/strong><\/th>\n Exchange<\/strong><\/th>\n Volume<\/strong><\/th>\n Buy on Questrade<\/th>\n<\/tr>\n<\/thead>\n
Lockheed Martin Corporation (LMT.US)<\/strong><\/td>\n \n \n \n <\/use><\/svg>4.47%Lockheed Martin Corporation's 1-year return based on the closing price as of June 23, 2025.<\/span>\n<\/button>\n<\/td>\n \n \n\n\n \n \n $117.8 billion (USD)\n \n<\/td>\n NYSE<\/td>\n 1,125,122<\/td>\n Buy now<\/a><\/td>\n <\/tr>\n \n \n
General Dynamics Corporation (GD.US)<\/strong><\/td>\n \n \n \n <\/use><\/svg>21.62%General Dynamics Corporation's 1-year return based on the closing price as of June 23, 2025.<\/span>\n<\/button>\n<\/td>\n \n \n\n\n \n \n $94.7 billion (USD)\n \n<\/td>\n NYSE<\/td>\n 1,029,029<\/td>\n Buy now<\/a><\/td>\n <\/tr>\n \n \n
Northrop Grumman Corporation (NOC.US)<\/strong><\/td>\n \n \n \n <\/use><\/svg>1.53%Northrop Grumman Corporation's 1-year return based on the closing price as of June 23, 2025.<\/span>\n<\/button>\n<\/td>\n \n \n\n\n \n \n $74.1 billion (USD)\n \n<\/td>\n NYSE<\/td>\n 1,122,199<\/td>\n Buy now<\/a><\/td>\n <\/tr>\n \n \n
RTX Corporation (RTX.US)<\/strong><\/td>\n \n \n \n <\/use><\/svg>24.70%RTX Corporation's 1-year return based on the closing price as of June 23, 2025.<\/span>\n<\/button>\n<\/td>\n \n \n\n\n \n \n $249.9 billion (USD)\n \n<\/td>\n NYSE<\/td>\n 6,350,531<\/td>\n Buy now<\/a><\/td>\n <\/tr>\n \n \n
CAE (CAE.US)<\/strong><\/td>\n \n \n \n <\/use><\/svg>-5.10%CAE's 1-year return based on the closing price as of June 23, 2025.<\/span>\n<\/button>\n<\/td>\n \n \n\n\n \n \n $8.1 billion (USD)\n \n<\/td>\n NYSE<\/td>\n 465,328<\/td>\n Buy now<\/a><\/td>\n <\/tr>\n \n \n
L3Harris Technologies (LHX.US)<\/strong><\/td>\n \n \n \n <\/use><\/svg>13.83%L3Harris Technologies's 1-year return based on the closing price as of June 23, 2025.<\/span>\n<\/button>\n<\/td>\n \n \n\n\n \n \n $56.7 billion (USD)\n \n<\/td>\n NYSE<\/td>\n 2,553,812<\/td>\n Buy now<\/a><\/td>\n <\/tr>\n \n \n
Bombardier Inc Series B (BBD-B.TO)<\/strong><\/td>\n \n \n \n <\/use><\/svg>181.80%Bombardier Inc Series B's 1-year return based on the closing price as of June 23, 2025.<\/span>\n<\/button>\n<\/td>\n \n \n\n\n \n \n $30.2 billion (CAD)\n \n<\/td>\n Toronto Stock Exchange<\/td>\n 204,536<\/td>\n Buy now<\/a><\/td>\n <\/tr>\n \n \n
Magellan Aerospace Corporation (MAL.TO)<\/strong><\/td>\n \n \n \n <\/use><\/svg>72.36%Magellan Aerospace Corporation's 1-year return based on the closing price as of June 23, 2025.<\/span>\n<\/button>\n<\/td>\n \n \n\n\n \n \n $1.9 billion (CAD)\n \n<\/td>\n Toronto Stock Exchange<\/td>\n 26,096<\/td>\n Buy now<\/a><\/td>\n <\/tr>\n \n \n
MDA (MDA.TO)<\/strong><\/td>\n \n \n \n <\/use><\/svg>85.59%MDA's 1-year return based on the closing price as of June 23, 2025.<\/span>\n<\/button>\n<\/td>\n \n \n\n\n \n \n $8.2 billion (CAD)\n \n<\/td>\n Toronto Stock Exchange<\/td>\n 2,000,676<\/td>\n Buy now<\/a><\/td>\n <\/tr>\n \n \n
Kraken Robotics (PNG.V)<\/strong><\/td>\n \n \n \n <\/use><\/svg>163.54%Kraken Robotics's 1-year return based on the closing price as of June 23, 2025.<\/span>\n<\/button>\n<\/td>\n \n \n\n\n \n \n $2.3 billion (CAD)\n \n<\/td>\n TSX Venture Exchange<\/td>\n 1,345,851<\/td>\n Buy now<\/a><\/td>\n <\/tr>\n\n<\/tbody>\n<\/table>\nThe values in this table are accurate as of the market close on June 21, 2026, or the most recent data available. Volume refers to the number of shares traded during the day.<\/small>\n\n \n \n \n \n\n

What to look for when investing in defense stock<\/h3>\n\n

The industrials industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering defense stocks to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.<\/p>\n\n

Also keep in mind that, while volatility can be ideal for day traders, long-term investors will want to look for stocks to offer steadier gains over time.<\/p>\n\n\n \n \n \n \n\n\n\n

How to invest in defense stock<\/h3>\n
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  1. Research the industrials industry.<\/strong> Before investing, learn about the defense stock sector, its trends and the companies within it. Look at each company's financial health, potential for growth and past performance to identify stocks that fit your investment goals.<\/li>\n
  2. Choose a stock trading platform.<\/strong> Compare trading fees, access to trading tools and user interface options. We've identified reliable trading platforms to help narrow down your options below or check out the best stock trading apps in Canada<\/a> to find one that suits your needs.<\/li>\n
  3. Open and fund your account.<\/strong> Sign up with your personal details and link a bank account or funding method to deposit money before you start trading.<\/li>\n
  4. Select the defense stock(s) to buy.<\/strong> Search by company name or ticker symbol, like LMT or GD. Compare key metrics such as market cap, price history and earnings per share to pick the best stock for your strategy.<\/li>\n
  5. Buy the stock and monitor performance.<\/strong> Place your order to buy the stock and track its performance over time. Consider setting alerts, signing up for industry newsletters or using platform research tools to stay up to date on market changes.<\/li>\n<\/ol>\n\n

    Our top picks for where to buy defense stocks<\/h3>\n <\/a>\n \n\n