Oct. 14 at 5:31 PM
The Pentagon is pushing defense contractors to boost missile output by two to four times amid growing global tensions, a move expected to benefit several major U.S. and European defense firms.
Analysts project missile demand to grow 10%–20% annually over the next few years, driven by potential conflicts, anti-drone needs, and President Trump’s proposed “Golden Dome” defense system. A recent war game suggested the U.S. could deplete its missile supply within a week in a Taiwan conflict scenario.
Lockheed Martin makes hypersonic and surface-to-air missiles, Northrop Grumman builds intercontinental ballistic missiles, and RTX produces Patriot interceptors. Karman, which generates roughly half its revenue from missile systems, has the highest exposure to the theme and a 100% Buy-rating ratio from analysts.
$LMT $NOC $RTX $KRMN $SPX