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16 handpicked stocks

America's Undersea Arsenal

Dive into a selection of defense stocks set to benefit from the $1.85 billion Virginia-class submarine program. These companies have been carefully selected by our analysts for their critical roles in building America's advanced undersea fleet.

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Author avatar

Han Tan | Market Analyst

Updated 1 day ago | Published at July 3

Top Picks from This Group

Here are a few of the assets in this group. Create an account to unlock the full list.

GD

General Dynamics Corporation

GD

Current price

$313.69

As the prime contractor for the Virginia-class submarine program, General Dynamics is the direct recipient of the $1.85 billion contract modification.

HII

Huntington Ingalls Industries, Inc.

HII

Current price

$266.25

Huntington Ingalls Industries is the only other U.S. shipyard capable of building nuclear-powered submarines and is a key partner with General Dynamic...

Huntington Ingalls Industries is the only other U.S. shipyard capable of building nuclear-powered submarines and is a key partner with General Dynamics in constructing the Virginia-class fleet.

NOC

Northrop Grumman Corporation

NOC

Current price

$583.96

Northrop Grumman manufactures key systems and components for submarines, including sonar systems, electronic warfare equipment, and other critical tec...

Northrop Grumman manufactures key systems and components for submarines, including sonar systems, electronic warfare equipment, and other critical technologies.

About This Group of Stocks

1

Our Expert Thinking

This collection focuses on companies benefiting from confirmed government spending on naval modernization. The recent $1.85 billion contract modification creates long-term revenue visibility for defense contractors and specialized suppliers across the submarine industrial base.

2

What You Need to Know

These stocks represent companies throughout the submarine supply chain, from prime contractors building the vessels to specialized suppliers providing critical systems like propulsion, sonar, and combat management. They offer tactical exposure to defense sector priorities.

3

Why These Stocks

Each company was selected for its direct connection to the Virginia-class submarine program. This government-backed initiative provides clear, long-term revenue streams, potentially de-risking investments while supporting sustained growth across the naval defense sector.

Group Performance Snapshot

13 of 16

Stocks Rated Buy by Analysts

13 of 16 assets in this group are rated Buy by professional analysts.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Why You'll Want to Watch These Stocks

💰

Guaranteed Government Spending

These companies benefit from confirmed, long-term government contracts worth billions. The Virginia-class submarine program provides revenue visibility that few other sectors can match.

🛡️

National Security Priority

Naval modernization remains a top defense priority regardless of political shifts. These companies are crucial to maintaining America's undersea advantage, making them strategically important investments.

🔍

Hidden Supply Chain Gems

Beyond the big defense contractors, this collection includes specialized suppliers that fly under the radar but play critical roles in submarine construction, potentially offering overlooked growth opportunities.

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