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Industry-level sentiment and macro signals, built from public earnings calls. Part of the Industrials sector.
Showing calendar 2026 Q2Free· the newest quarter (2026 Q3) is Pro.
Industry Sentiment Index · Calendar 2026 Q2
As of 2026 Q2, the Tellvest aggregate earnings-call sentiment for the Aircraft, Space & Defense industry is 7.9/10 across 16 companies.
2024 Q4–2026 Q2. Each earlier point averages the available scores of this quarter’s 16-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 Q2
What management and analysts said on calls mapped to this calendar quarter.
The industry average sentiment score rose from 7.13 to 7.8, and the biggest gain came at Lockheed Martin (LMT), up from 4 to 7, on a quarter where management said its earnings gains mostly reflect the absence of unfavorable profit adjustments recorded in the second quarter of 2025. Of the 10 movers, eight rose and two fell. Five of the seven bellwethers moved up, Boeing (BA) eased from 7 to 6 in a quarter with its highest deliveries since 2018, and General Dynamics (GD) scored 8 and was not among the movers. Raised full-year guidance was the common thread, at ten of the 16 companies.
Market context
Public price data. It covers the trailing year to the latest close, not calendar 2026 Q2.
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 |
|---|---|---|
| Supply Chain | 11 | 7121 |
| CAPEX | 9 | 9 |
| Regulation Policy | 6 | 51 |
| AI & Tech | 4 | 4 |
| Trade & Tariffs | 4 | 22 |
| Inflation | 3 | 12 |
| Labor Market | 3 | 111 |
| Company | Sentiment |
|---|---|
| HWM Howmet Aerospace | 10/10 |
| LHX L3Harris | 10/10 |
| TDG TransDigm Group | 10/10 |
| AXON Axon Enterprise Inc. | 10/10 |
| RTX RTX Corporation | 10/10 |
| GE GE Aerospace | 9/10 |
| SPCX Space Exploration Technologies Corp. | 9/10 |
| GD General Dynamics | 8/10 |
| HII Huntington Ingalls Industries | 8/10 |
| RKLB Rocket Lab USA, Inc. | 8/10 |
| LMT Lockheed Martin | 7/10 |
| NOC Northrop Grumman | 7/10 |
| BA The Boeing Company | 6/10 |
| LUNR Intuitive Machines, Inc. | 5/10 |
| ACHR Archer Aviation Inc. | 5/10 |
| TXT Textron | 4/10 |
% 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.