Why it matters
Prime contractors and aerospace suppliers. These themes often connect to policy, commodity cycles, infrastructure spending and long investment lead times.
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Defence & Aerospace
Prime contractors and aerospace suppliers.
Defence and aerospace has re-rated as NATO governments lift spending. This collection spans the primes that build platforms and missiles, defence electronics and the aerospace suppliers whose backlogs stretch years out — across London and the US.
What to check next
Check backlog quality, project execution, input costs, balance-sheet resilience and sensitivity to commodity prices or government budgets.
Main risk
Cyclical demand, cost overruns, regulation and commodity volatility can overwhelm even a strong long-term infrastructure or energy story.
- RewardRisk
- RewardRiskYield1.4%
- RewardRisk
- RewardRiskYield2.0%
- RewardRiskYield0.7%
- RewardRiskYield0.2%
- RewardRiskYield1.2%
- RewardRiskYield1.7%
- RewardRiskYield1.8%
- RewardRiskYield0.0%
- RewardRiskYield1.4%
- RewardRiskYield0.1%
- RewardRiskYield0.4%
- RewardRisk
- RewardRiskYield0.1%
- RewardRiskYield0.3%
- RewardRiskYield0.9%
- RewardRiskYield0.1%
- RewardRiskYield1.2%
- RewardRisk
- RewardRiskYield0.0%
- RewardRisk
- RewardRiskYield2.9%
- RewardRiskYield1.3%
- RewardRisk
- RewardRiskYield0.6%
- RewardRiskYield0.2%
- RewardRisk
- RewardRiskYield1.6%
- RewardRiskYield1.6%
- RewardRiskYield1.8%
- RewardRiskYield1.5%
- RewardRiskYield1.0%
- RewardRisk
- RewardRiskYield1.4%
- RewardRiskYield1.5%
Related collections
Frequently asked questions
What is the Defence & Aerospace collection?
Prime contractors and aerospace suppliers. It currently holds 36 stocks, each rated by Openbook's Reward and Risk scores. Defence and aerospace has re-rated as NATO governments lift spending.
How are Defence & Aerospace stocks selected?
Defence & Aerospace is a curated basket of companies with direct exposure to this theme, screened against live market data and ranked by market capitalisation.
How often is the Defence & Aerospace list updated?
It is rebuilt from live market data, so the constituents and their rankings update as prices and company fundamentals change — there is no fixed, hand-edited list.
How should I use the Reward and Risk ratings?
Openbook's Reward rating combines a stock's growth, momentum, profitability and valuation into a single 0–100 score, and the Risk rating scores financial strength, volatility and size. Use them to compare names within this theme — broadly, a higher Reward alongside a lower Risk is more attractive. They are quantitative research signals, not investment advice.
Openbook Reward and Risk ratings and factor scores are quantitative signals for research, not investment advice. Data may be delayed. Some US-listed names carry partial factor coverage.