Why These Defense Stocks Are Gaining This Week

3. Astronics Corporation (NASDAQ:ATRO)

Weekly Gains: 8.05%

Astronics Corporation (NASDAQ:ATRO) provides advanced technologies to global aerospace, defense, and electronics clients. Some of its offerings include lighting and safety systems, aircraft electronics integration, automated test systems, and distribution and motion systems, among other products and services.

The company’s share price has surged by 28% since it announced preliminary results for fiscal 2024 and initiated its revenue guidance for 2025 on January 10. Astronics Corporation (NASDAQ:ATRO) reported a preliminary unaudited revenue of $796 million, up 15.5% from last year. Bookings for the full year totaled approximately $811 million.

For 2025, Astronics Corporation (NASDAQ:ATRO) anticipates revenue to be in the range of $820 million to $860 million, representing an increase of 6% compared to 2024 at the mid-point of the range.

Astronics Corporation (NASDAQ:ATRO) is among the defense stocks that are gaining this week, with its share price up by more than 8% over the past week. On February 24, the company announced to release fourth-quarter and full-year results for fiscal 2024 on Tuesday, March 4, 2025.