AVAV-44.76%11.3%
LMT+38.63%11.3%
IPGP+18.07%10.4%
RTX+36.16%10.4%
BA.LSE+6.24%7.5%
COHR+182.25%7.5%
ESLT+83.15%7.5%
RHM.XETRA-42.09%6.6%
MKSI+230.34%5.7%
AERG-42.50%4.7%
LASR+267.02%4.7%
ELMT-18.01%3.8%
MTSI+102.82%2.8%
LPTH+255.39%1.9%
OPTX+262.14%1.9%
QQ.LSE-2.46%1.9%
As of Jul 27, 2026, 7:41 AM ET
Modern Warfare '26: Lasers & Directed Energy Weapons Constituents
AeroVironment, Inc.AVAV | 11.3% | -5.04% | 5.06% | -12.59% | -37.69% | -40.25% | 18.83% | -44.76% | $7.57B |
Lockheed Martin CorporationLMT | 11.3% | 2.68% | 13.37% | 11.89% | 20.71% | -10.81% | 28.92% | 38.63% | $134.33B |
IPG Photonics CorporationIPGP | 10.4% | -4.49% | -13.48% | -19.47% | 28.67% | -29.98% | 45.13% | 18.07% | $3.89B |
RTX CorporationRTX | 10.4% | 1.68% | 9.97% | 10.89% | 15.96% | 4.96% | 61.24% | 36.16% | $286.56B |
BAE Systems plcBA.LSE | 7.5% | 0.31% | 6.58% | 5.82% | 14.15% | -7.46% | 28.67% | 6.24% | $76.96B |
Coherent, Inc.COHR | 7.5% | -9.76% | -9.05% | -23.33% | 53.14% | 9.16% | 318.49% | 182.25% | $44.78B |
Elbit Systems Ltd.ESLT | 7.5% | 2.57% | 12.64% | 9.13% | 43.56% | 7.84% | 113.63% | 83.15% | $38.43B |
Rheinmetall AGRHM.XETRA | 6.6% | 2.03% | 5.49% | -1.24% | -35.65% | -39.89% | -16.54% | -42.09% | $54.90B |
MKS Inc.MKSI | 5.7% | -5.01% | -8.49% | -20.20% | 105.26% | 34.17% | 305.41% | 230.34% | $22.23B |
Applied Energetics, Inc.AERG | 4.7% | 1.20% | 1.20% | -4.17% | -30.11% | 14.79% | 62.18% | -42.50% | $279.9M |
nLIGHT, Inc.LASR | 4.7% | -2.51% | -0.44% | 6.28% | 89.72% | 26.65% | 780.75% | 267.02% | $3.95B |
Elmet Group Co.ELMT | 3.8% | -1.51% | 0.51% | -23.71% | -18.01% | -18.01% | -18.01% | -18.01% | $427.2M |
MACOM Technology Solutions Holdings, Inc.MTSI | 2.8% | -1.27% | -7.47% | -20.37% | 63.02% | 12.53% | 169.05% | 102.82% | $20.37B |
LightPath Technologies, Inc.LPTH | 1.9% | -12.09% | -5.60% | -31.56% | 0.69% | 4.27% | 441.04% | 255.39% | $518.5M |
QinetiQ Group plcQQ.LSE | 1.9% | 1.53% | 8.68% | 10.80% | 10.10% | -3.82% | 30.02% | -2.46% | $3.35B |
Syntec Optics Holdings, Inc.OPTX | 1.9% | -3.97% | -11.59% | -40.43% | 153.50% | 12.93% | 480.00% | 262.14% | $284.0M |
| Theme return | — | -1.66% | 2.05% | 52.34% | 25.48% | -2.82% | 120.77% | 51.77% | — |
| Average | 6.2% | -2.10% | 0.46% | -8.89% | 29.81% | -1.43% | 178.05% | 83.27% | $43.68B |
| Median | 6.1% | -1.39% | 0.86% | -8.38% | 18.34% | 4.62% | 61.71% | 37.39% | $13.97B |
| Std Dev | 3.3% | 4.27% | 8.54% | 16.55% | 51.78% | 21.21% | 220.32% | 113.78% | $72.05B |
| Min | 1.9% | -12.09% | -13.48% | -40.43% | -37.69% | -40.25% | -18.01% | -44.76% | $279.9M |
| Max | 11.3% | 2.68% | 13.37% | 11.89% | 153.50% | 34.17% | 780.75% | 267.02% | $286.56B |
| % Positive Tickers | 43.75% | 56.25% | 37.50% | 75.00% | 56.25% | 87.50% | 68.75% |
About this theme
Modern Warfare '26: Lasers & Directed Energy Weapons tracks 16 publicly listed stocks in this theme. Sample tickers: AERG, AVAV, BA.LSE, COHR, ELMT, ESLT, IPGP, LASR, LMT, LPTH, MKSI, MTSI, and 4 more. Use the table below for the full list.
