Defense Stocks To Watch If Iran War Risks Keep Rising

Geopolitics just moved from the background to the front page, and markets are reacting in real time. A prolonged Iran war can rattle risk assets, shuffle government budgets, and reshape how capital flows across sectors. That kind of stress test often sorts fragile stories from resilient ones. This article walks through 3 Global Defense and Aerospace Stocks screener picks exposed to the current news backdrop, showing where some investors may see opportunity or reasons to stay cautious.

The three highlighted stocks that follow are only a sample, and the full screen pulled out 46 more Global Defense and Aerospace companies with equally compelling stories that are not covered below. To weigh those side by side and quickly identify your own highest conviction angles, head straight into the Global Defense and Aerospace Stocks screener.

HawkEye 360 (HAWK)

HawkEye 360 is one of the purest plays on space-enabled defense intelligence in the screener, turning radio frequency signals into targeting data that defense and intelligence customers increasingly reach for when conflicts flare.

HawkEye 360 operates a shareable RF intelligence platform focused on defense and aerospace, generating about $167.6 million from its Aerospace & Defense segment and carrying a market value of roughly $1.61 billion.

"Expansion of the satellite constellation through Block 2 Clusters 15 and 16, the first Block 3 cluster, and planned Block 4 systems is expected to raise collection capacity and revisit rates, which can support higher recurring revenue and better platform utilization over time."

The real swing factor for HawkEye 360 is how that growing data firehose filters into long-term government contracts and eventually operating margins.

That contract risk is exactly what the full narrative for HawkEye 360 unpacks, tracing how recurring deals, capital needs, and execution could reshape HawkEye 360’s trajectory beyond the current conflict narrative.

ASELSAN Elektronik Sanayi ve Ticaret Anonim Sirketi (IBSE:ASELS)

ASELSAN Elektronik Sanayi ve Ticaret Anonim Sirketi is a Turkish defense electronics group tightly linked to regional military spending, generating about TRY198 billion from aerospace and defense activities and carrying a market value of roughly TRY1.8 trillion.

ASELSAN plugs directly into the Global Defense and Aerospace Stocks screener theme as Turkey’s flagship defense electronics producer, with extensive radar, avionics, communications and electronic warfare systems tied to government programs and export contracts. Investors watching the Iran conflict and broader regional security shifts may see this large contractor’s profile as appealing, depending on how one unseen pressure plays out for future defense electronics demand.

That pressure point makes the analyst forecasts for ASELSAN Elektronik Sanayi ve Ticaret Anonim Sirketi especially useful for seeing how expectations line up with those defense program pipelines.

Elbit Systems (TASE:ESLT)

Elbit Systems is the pure-play defense heavyweight in this Global Defense and Aerospace Stocks theme, supplying everything from avionics and drones to cyber and electronic warfare systems for governments that are rethinking security priorities in light of the Iran war and broader geopolitical risk.

Elbit Systems generates about $2.7b from Land, $2.0b from Aerospace, $1.8b from ESA, $1.7b from ISTAR and EW, and $1.0b from C4I and Cyber, and carries a market value of roughly ₪104.5b.

"Record $25.2 billion backlog, with close to 70 percent from customers outside Israel and multi year contracts such as the 8 year, 2.3 billion dollar strategic program, provides high visibility on sustained top line growth and supports operating leverage and earnings compounding."

What really shapes the long run story is how that mountain of contracted work filters into pricing power and margin quality if a single key assumption breaks.

If that assumption cracks or accelerates, the full narrative for Elbit Systems explains how Elbit Systems’ backlog, contract mix and risk profile could quietly reshape the long term story.

Curious About What You Might Be Missing?

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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