Aerospace & Defense Stocks — Fair Value & Margin of Safety

Equity Rank covers 51 Aerospace & Defense companies; 44 have a published model fair value, and 18 of those (41%) trade below the model estimate. The median model fair value sits 3.9% below the current price, under these model assumptions. Data as of 2026-10-22.

Source: Equity Rank — Aerospace & Defense stocks. Model fair value is a multi-method blend (DCF, Graham Number, earnings power, sector multiples and more), recomputed after each U.S. market close.

Aerospace & Defense stocks furthest below the model estimate

Among companies valued by at least five methods. A wide gap can also mean the models are missing something.

  1. SWBI — Smith & Wesson Brands Inc: model fair value $18.87 vs. price $14.35, a model fair value differential of 31.5% above the current price (as of 2026-10-22)
  2. HII — Huntington Ingalls Industries Inc: model fair value $361.73 vs. price $278.86, a model fair value differential of 29.7% above the current price (as of 2026-10-22)
  3. VVX — V2X Inc: model fair value $93.88 vs. price $73.36, a model fair value differential of 28.0% above the current price (as of 2026-10-22)
  4. TATT — Tat Techno: model fair value $39.55 vs. price $31.82, a model fair value differential of 24.3% above the current price (as of 2026-10-22)
  5. LHX — L3Harris Technologies Inc: model fair value $308.86 vs. price $254.23, a model fair value differential of 21.5% above the current price (as of 2026-10-22)
  6. NOC — Northrop Grumman Corporation: model fair value $634.68 vs. price $552.35, a model fair value differential of 14.9% above the current price (as of 2026-10-22)
  7. GD — General Dynamics Corporation: model fair value $396.19 vs. price $350.79, a model fair value differential of 12.9% above the current price (as of 2026-10-22)
  8. CDRE — Cadre Holdings Inc: model fair value $31.63 vs. price $29.46, a model fair value differential of 7.4% above the current price (as of 2026-10-22)
  9. FTAI — FTAI Aviation Ltd.: model fair value $168.32 vs. price $157.50, a model fair value differential of 6.9% above the current price (as of 2026-10-22)
  10. NPK — National Presto Industries Inc: model fair value $149.70 vs. price $148.40, a model fair value differential of 0.9% above the current price (as of 2026-10-22)

All 51 Aerospace & Defense companies

TickerCompanyPriceModel fair valueGap
GEGE Aerospace$293.54$244.08-16.9%
RTXRTX Corporation$194.71$192.65-1.1%
BAThe Boeing Company$187.53$176.13-6.1%
LMTLockheed Martin Corporation$589.91$548.21-7.1%
GDGeneral Dynamics Corporation$350.79$396.19+12.9%
HWMHowmet Aerospace Inc$193.28$148.26-23.3%
NOCNorthrop Grumman Corporation$552.35$634.68+14.9%
TDGTransdigm Group Incorporated$1141.74$1055.00-7.6%
LHXL3Harris Technologies Inc$254.23$308.86+21.5%
HEIHeico Corporation$300.02$213.33-28.9%
ESLTElbit Systems Ltd$743.22$500.04-32.7%
RKLBRocket Lab USA Inc.$51.22$43.18-15.7%
HEI-AHEICO Corporation$228.60$190.47-16.7%
AXONAxon Enterprise Inc.$414.60$330.63-20.3%
WWDWoodward Inc$304.85$248.36-18.5%
CWCurtiss-Wright Corporation$474.29$388.26-18.1%
FTAIFTAI Aviation Ltd.$157.50$168.32+6.9%
TXTTextron Inc$78.04$133.05+70.5%
EMBJEmbraer S.A.$69.21Not published—
BWXTBWX Technologies Inc$127.30$111.35-12.5%
MOG-AMoog Inc$341.71$319.34-6.5%
MOG-BMoog Inc$349.82$313.54-10.4%
HIIHuntington Ingalls Industries Inc$278.86$361.73+29.7%
DRSLeonardo DRS, Inc. Common Stock$34.30$34.20-0.3%
CAECAE Inc. Common Shares$25.02Not published—
KTOSKratos Defense & Security Solutions$38.27$34.50-9.8%
SAROStandardAero, Inc.$21.72$28.26+30.1%
HXLHexcel Corporation$81.27$79.71-1.9%
AVAVAeroVironment Inc$117.70$116.12-1.3%
LOARLoar Holdings Inc.$64.82$51.44-20.6%
PLPlanet Labs PBC$13.08Not published—
KRMNKarman Holdings Inc.$34.58$25.14-27.3%
MRCYMercury Systems Inc$75.56$61.41-18.7%
MDAMDA Space Ltd.$26.80Not published—
VSECVSE Corporation$148.15$163.01+10.0%
AIRAAR Corp$96.61$128.12+32.6%
FLYFirefly Aerospace Inc. Common Stock$17.52$19.06+8.8%
ATROAstronics Corporation$59.20$48.60-17.9%
DCODucommun Incorporated$160.05$172.34+7.7%
VVXV2X Inc$73.36$93.88+28.0%
RDWRedwire Corp$8.14Not published—
LUNRIntuitive Machines Inc. $10.45Not published—
VOYGVoyager Technologies, Inc.$23.82Not published—
CDRECadre Holdings Inc$29.46$31.63+7.4%
NPKNational Presto Industries Inc$148.40$149.70+0.9%
RGRSturm Ruger & Company Inc$47.58$44.77-5.9%
SWBISmith & Wesson Brands Inc$14.35$18.87+31.5%
PKEPark Aerospace Corp$25.58$21.87-14.5%
TATTTat Techno$31.82$39.55+24.3%
IAInnovative Aerosystems, Inc.$19.47$23.54+20.9%
AIROAIRO Group Holdings, Inc. Common Stock$4.78$7.06+47.7%

Largest companies first. Gap = model fair value differential versus the current price; positive means the price sits below the model estimate. “Not published” means the models lacked reliable data.

Compare Aerospace & Defense peers

GE vs RTX · GE vs BA · GE vs LMT · GE vs GD · GE vs HWM · RTX vs BA · RTX vs LMT · RTX vs GD · RTX vs HWM · BA vs LMT · BA vs GD · BA vs HWM · LMT vs GD · LMT vs HWM · GD vs HWM

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