NEW YORK ( TheStreet) -- Which aerospace and defense stocks with the best growth rates should be in your portfolio? <\/p>\n
Deloitte is forecasting 3% growth for the overall global aerospace and defense industry in 2015, fueled by the commercial aerospace business. <\/p>\n
\"The global commercial aerospace sector is expected to sustain its significant revenue and earnings growth in 2015, underlined by extended record-setting production levels both at the platform and in the supplier base,\" Deloitte wrote in its 2015 sector outlook. \"This growth is likely to be driven primarily by increased production rates due to the accelerated replacement cycle of obsolete aircraft with next generation fuel-efficient aircraft, as well as the continued increases in passenger travel demand, especially in the Middle East and the Asia-Pacific region.\" <\/p>\n
On the other hand, Deloitte predicts continued decline in revenue for the global defense sector, with the U.S. defense budget \"a key driver of this decline, as sales revenues lag outlays, appropriations and budget authorizations, despite calls for increases in defense spending.\" Still there are stocks worth considering in this sector.<\/p>\n
All of the aerospace and defense stocks on this list are rated \"Buy, B\" or better ratings from TheStreet Ratings, TheStreet's proprietary ratings tool. The stocks also each had five stars for growth, meaning they have the highest growth rates for revenue and earnings in their respective sector. <\/p>\n
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9 High-Growth Aerospace and Defense Stocks to Add to Your Portfolio Right Now<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" NEW YORK ( TheStreet) -- Which aerospace and defense stocks with the best growth rates should be in your portfolio? Deloitte is forecasting 3% growth for the overall global aerospace and defense industry in 2015, fueled by the commercial aerospace business. \"The global commercial aerospace sector is expected to sustain its significant revenue and earnings growth in 2015, underlined by extended record-setting production levels both at the platform and in the supplier base,\" Deloitte wrote in its 2015 sector outlook Continue reading