Why These Defense Stocks Are Gaining This Week

8. SIFCO Industries, Inc. (NYSEAMERICAN:SIF)

Weekly Gains: 1.43%

SIFCO Industries, Inc. (NYSEAMERICAN:SIF) produces forgings and machined components for the aerospace, energy, defense, and commercial space markets.

On March 24, the company announced the appointment of Deloitte as its auditor, which marked the dismissal of RSM US LLP as its independent registered public accounting firm. 2025 has been a challenging year for SIFCO Industries, Inc. (NYSEAMERICAN:SIF), with a year-to-date decline of 20%. The announcement has come amid ongoing operational changes in the company and is expected to bring a fresh perspective to its financial reporting and auditing processes.

SIFCO Industries, Inc. (NYSEAMERICAN:SIF)’s share price has gained 1.43% since March 24, earning it a place in our list of the defense stocks that are gaining this week.