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3 Defense Stocks in Focus Amid Sector Updates
BABoeing(BA) Schaeffers Investment Research·2025-03-24 19:14

Group 1 - Boeing Co (NYSE:BA) has been awarded a contract to build the U.S. Air Force's latest fighter jet, the F-47, which is impacting its competitors negatively, particularly Lockheed Martin (LMT) [1] - Boeing's shares increased by 1.9% to 181.47,markingthehighestlevelinoveramonth,andhaverisen16.4181.47, marking the highest level in over a month, and have risen 16.4% over the last six months [2] - Northrop Grumman Corp (NYSE:NOC) shares are trading at 491.38, up 0.1%, with a notable increase of 14.4% over the last nine months, although it faces resistance around the 510level[3]Group2−GeneralDynamicsCorp(NYSE:GD)sharesareup0.2510 level [3] Group 2 - General Dynamics Corp (NYSE:GD) shares are up 0.2% to 263.91, having trimmed a 14.4% deficit over six months, and successfully retested the 260supportlevel[4]−ThestockofGeneralDynamicshasshownresilienceafterbouncingbackfroma52−weeklowof260 support level [4] - The stock of General Dynamics has shown resilience after bouncing back from a 52-week low of 239.87 [4]