Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, the 10 stocks below are the highest rated in the aerospace and defense industry.

CAPS contains more than just the crowd's opinions. The votes of CAPS' best-performing members, known as All-Stars, count more in shaping each company's rating than do the picks of their poorer-performing peers. That way, investors can intelligently use members' collective wisdom to make better decisions.

The highest-rated aerospace and defense stock is...
Looking at the aggregate data, we see that our community rates DigitalGlobe (NYSE: DGI) above the rest and for good reason. As CAPS player mocaman wrote:

Excellent products for defense industry as well as commercial market. History of good reliable products that dominate their market. Solid management team with proven record of growth.

Here are the rest of the 10 highest-rated companies in the industry along with their CAPS rating:

 
Company
CAPS Rating (out of 5)
Market Cap (in millions)
1 DigitalGlobe ***** $817
2 CPI Aerostructures (AMEX: CVU) ***** $78
3 Curtiss-Wright (NYSE: CW) ***** $1,529
4 Embraer SA (NYSE: ERJ) ***** $4,876
5 Precision Castparts (NYSE: PCP) ***** $24,206
6 Ceradyne (Nasdaq: CRDN) ***** $794
7 LMI Aerospace (Nasdaq: LMIA) ***** $238
8 Teledyne Technologies ***** $2,009
9 American Science & Engineering ***** $660
10 National Presto Industries ***** $654

Source: Motley Fool CAPS as of Nov. 7.

Use the table as a first step to help generate ideas for further research. Having a watchlist of promising companies is a great place to start. We can help you keep tabs on these beloved companies with My Watchlist, our free, personalized stock tracking service. Click here to start now.

Fool contributor Dan Dzombak can be found on his Twitter account: @dandzombak. Click here to see his holdings and a short bio.

The Motley Fool owns shares of National Presto Industries. Motley Fool newsletter services have recommended buying shares of American Science & Engineering, Precision Castparts, and Embraer. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.