3 Defense Stocks to Buy in August

Lockheed Martin boasts a record backlog backed by major fighter jet and missile defense programs.

GE Aerospace provides durable growth through its dominant aircraft engine platform and high-margin aftermarket services business.

Red Cat is a speculative pure-play drone investment with major upside potential from U.S. drone spending.

Global defense spending has entered a structural growth phase driven by ongoing geopolitical conflicts and the need to modernize military technology. U.S. defense outlays for this year are around $1 trillion, and the Trump administration is proposing a massive $1.5 trillion budget for 2027.

This historic increase is aimed at replenishing depleted munitions, developing advanced technologies, and boosting the domestic defense industrial base. On top of this, international defense budgets are expanding rapidly, with NATO member nations committing to increasing their core defense spending to 5% of their gross domestic product by 2035.

Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »

With global defense spending slated to continue growing at a steady pace, here are three defense stocks for investors to scoop up in August.

Lockheed Martin (NYSE: LMT) is a dominant player in the aerospace and defense industry and is the world's largest defense contractor by total sales. Lockheed's diversified defense platform is anchored by the F-35 Lightning II program, which is projected to generate $2.1 trillion over its 94-year lifecycle, providing predictable, stable revenue.