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    PSN — Parsons News Story

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    Stifel initiates coverage on defense stocks

    Picture of Parsons logoParsons
    24/06/2025 14:02
    ** Stifel starts coverage on defense and tech service providers with overwhelmingly "buy" rating

** "Credible U.S. deterrence is dependent on affordably evolving our weapon systems, recapitalizing the defense industrial base, and transforming government contracting," brokerage

     ** Optimistic on new defense technology firms such as Kratos Defense & Security Solutions Inc KTOS.O and AeroVironment Inc AVAV.O they stand to benefit from significant ramp-up in sales and earnings

** Sees strong opportunity in government services firms such as Leidos Holdings LDOS.N, Parsons Corp PSN.N, Science Applications International Corp SAIC.O, CACI International CACI.N , and Booz Allen Hamilton BAH.N driven by small size and flexible contracts enhancing growth

 ** As of last close, S&P 500 Industrials (Sector).SPLRCI had risen 9.2% YTD


    CompanyRatingPrice Target
    AeroVironmentBuy$240
    Booz Allen HamiltonHold$112
    CACI InternationalBuy$576
    HEICO CorporationBuy$352
    Kratos Defense & Security
    Solutions    		Buy$52
    Leidos HoldingsBuy$178
    Parsons CorporationBuy$81
    Science Applications InternationalBuy$130
    TransDigm GroupBuy$1,710
    Teledyne TechnologiesBuy$626
    V2XBuy$55
    

 (Reporting by Apratim Sarkar)

 ((Apratim.Sarkar@thomsonreuters.com))

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