<div id="readability-page-1"><div><ul> <li>In December 2025, Garmin announced that its G5000H integrated flight deck was selected by the Brazilian Air Force, via Ace Aeronautics, to modernize 24 UH-60L Black Hawk helicopter cockpits, while also unveiling the inReach Mini 3 Plus satellite communicator with voice, text and photo capabilities for off-grid adventurers.</li> <li>Together, these developments highlight Garmin’s ability to win complex defense avionics programs and extend its satellite communication ecosystem deeper into the outdoor market.</li> <li>We’ll now explore how the Brazilian Air Force G5000H upgrade program could influence Garmin’s broader investment narrative and growth mix.</li> </ul><p>Trump has pledged to &#34;unleash&#34; American oil and gas and these 22 US stocks have developments that are poised to benefit.</p><h2>Garmin Investment Narrative Recap</h2><p>To own Garmin, you need to believe its multi-segment model in aviation, outdoor and fitness can keep compounding earnings despite higher operating costs and uneven end-market demand. The Brazilian Air Force G5000H win and the inReach Mini 3 Plus launch look positive for Aviation and Outdoor, but do not appear large enough on their own to change the key near term swing factor, which remains margin pressure from rising R&amp;D and SG&amp;A.</p> <p>Among the recent announcements, the Brazilian Air Force’s selection of Garmin’s G5000H flight deck for 24 UH-60L Black Hawks is most relevant here, reinforcing Garmin’s position in high value avionics. For investors focused on catalysts, this kind of defense and special mission program can help balance softer demand in areas like Marine and support the broader thesis that premium aviation systems can be an important contributor to Garmin’s mix and profitability over time.</p> <p>Yet while these wins help, investors should still watch how rising operating expenses interact with...</p> <p>Read the full narrative on Garmin (it's free!)</p><p>Garmin’s narrative projects $8.5 billion revenue and $1.8 billion earnings by 2028. This requires 7.9% yearly revenue growth and an earnings increase of about $0.2 billion from $1.6 billion today.</p><p>Uncover how Garmin's forecasts yield a $231.14 fair value, a 11% upside to its current price.</p><h2>Exploring Other Perspectives</h2><figure><img height="476" src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/e700d88d-02f0-4e5c-92dc-a1abe65d8f40/chart/quote-price?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="746" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/e700d88d-02f0-4e5c-92dc-a1abe65d8f40/chart/quote-price"/><figcaption>GRMN 1-Year Stock Price Chart</figcaption></figure> <p>Six members of the Simply Wall St Community currently estimate Garmin’s fair value between US$119 and US$285, reflecting very different return expectations. Against this backdrop, the company’s growing R&amp;D and SG&amp;A burden raises questions about how easily earnings growth can keep supporting today’s valuation, so it is worth comparing several independent views before forming a conclusion.</p><p>Explore 6 other fair value estimates on Garmin - why the stock might be worth 43% less than the current price!</p><h2>Build Your Own Garmin Narrative</h2><p>Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.</p><ul><li>A great starting point for your Garmin research is our analysis highlighting 4 key rewards that could impact your investment decision.</li><li>Our free Garmin research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Garmin's overall financial health at a glance.</li></ul><h2>Ready To Venture Into Other Investment Styles?</h2><p>Our daily scans reveal stocks with breakout potential. Don't miss this chance:</p><ul><li>Uncover the next big thing with financially sound penny stocks that balance risk and reward.</li><li>These 11 companies survived and thrived after COVID and have the right ingredients to survive Trump's tariffs. Discover why before your portfolio feels the trade war pinch.</li><li>We've found 13 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.</li></ul> <p><em> This article by Simply Wall St is general in nature. <strong>We provide commentary based on historical data     and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.</strong> It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your     financial situation. We aim to bring you long-term focused analysis driven by fundamental data.     Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.     Simply Wall St has no position in any stocks mentioned.</em></p><div><p>Mobile Infrastructure for Defense and Disaster</p><p>The next wave in robotics isn't humanoid. 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GRMN

<p>Garmin's G5000H flight deck was selected by the Brazilian Air Force to upgrade 24 UH-60L Black Hawk helicopters, and it launched the inReach Mini 3 Plus satellite communicator. These moves highlight Garmin's strength in defense avionics and satellite communication, potentially influencing its investment narrative. However, rising R&D and SG&A costs remain a concern for earnings growth. Garmin's projected revenue is $8.5 billion by 2028, with a fair value estimate of $231.14, offering an 11% upside. Investors should consider various perspectives on Garmin's valuation and growth potential.</p>

The Bull Case For Garmin (GRMN) Could Change Following New Defense Win And inReach Launch – Learn Why