Textron Reports Strong Earnings, AeroVironment Gets Buy Rating, Defense Stocks Rise

Defense stocks rose on Thursday, with Textron (TXT) reporting earnings above estimates and planning to sell its industrial business. AeroVironment (AVAV) gained after an analyst gave it a buy rating. Lockheed Martin and RTX secured large contracts from the Department of Defense, though their shares showed little movement.

By HARRISON MILLER · Yahoo Finance · April 30, 2026, 14:18 UTC

Tickers: $AVAV $LMT $RTX $TXT

Topics: analyst rating defense contracts defense stocks earnings report

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