These defense stocks offer the best growth prospects, as the Israel-Iran conflict fuels new interest in the sector

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Archer Aviation Inc., Rocket Lab Corp. and Axon Enterprise Inc. offer the highest revenue-growth rates among components of the iShares U.S. Aerospace & Defense ETF, as Israel’s attacks on Iran pushed up stock prices in the sector on Friday.

The screening by MarketWatch of the 36 defense-stock components of the iShares ETF

ITA also revealed that Boeing Co. BA and Axon Enterprise Inc. AXON ranked as the most expensive stocks in the ETF based on their forward price-to-earnings ratios.

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