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Industry-level sentiment and macro signals, built from public earnings calls. Part of the Industrials sector.
Showing calendar 2026 Q1Free· the newest quarter (2026 Q2) is Pro.
Industry Sentiment Index · Calendar 2026 Q1
As of 2026 Q1, the Tellvest aggregate earnings-call sentiment for the Aerospace & Defense industry is 7/10 across 14 companies.
2024 Q4–2026 Q1. Each earlier point averages the available scores of this quarter’s 14-company panel in that quarter; companies without a score in an earlier quarter don’t contribute, so the number behind each point can vary.
Earnings-call analysis · calendar 2026 Q1
What management and analysts said on calls mapped to this calendar quarter.
Average sentiment across the 12 companies reporting in both quarters eased from 8.08 to 7.5, a 0.58 point decline. The move was concentrated in the large primes rather than a broad demand softening: cost-pressure flags held steady at 5 of 12 companies and pricing-pressure stayed at 0, while record backlogs and rising FY2027 defense budgets recurred across nearly every name.
Market context
Public price data. It covers the trailing year to the latest close, not calendar 2026 Q1.
Method
A composite score derived from averaging overall earnings sentiment across all analyzed companies in this industry for the selected calendar quarter. Score is 0–10 (10 = most positive).
| Signal | Companies | Direction breakdown |
|---|---|---|
| CAPEX | 9 | 9 |
| Supply Chain | 8 | 512 |
| Enterprise Spending | 7 | 61 |
| Regulation Policy | 5 | 5 |
| AI & Tech | 4 | 4 |
| Trade & Tariffs | 3 | 3 |
| Oil Energy | 3 | 12 |
| Company | Sentiment |
|---|---|
| AXON Axon Enterprise Inc. | 10/10 |
| TDG TransDigm Group | 10/10 |
| RTX RTX Corporation | 9/10 |
| RKLB Rocket Lab USA, Inc. | 8/10 |
| GD General Dynamics | 8/10 |
| LHX L3Harris | 8/10 |
| GE GE Aerospace | 7/10 |
| BA The Boeing Company | 7/10 |
| TXT Textron | 7/10 |
| NOC Northrop Grumman | 6/10 |
| HII Huntington Ingalls Industries | 6/10 |
| ACHR Archer Aviation Inc. | 5/10 |
| LMT Lockheed Martin | 4/10 |
| LUNR Intuitive Machines, Inc. | 3/10 |
Awaiting this quarter
% change over the trailing year, log scale. 1Y and YTD are each name’s own price return. Equal-weight: average of every full-history member, weighted equally, not rebalanced.