How does HOVR's R&D spending compare to industry peers?

New Horizon Aircraft (HOVR) spends significantly less on R&D compared to its industry peers, Boeing (BA) and Lockheed Martin (LMT), with neither Priscian (PRSC) disclosing R&D figures for the same period. Here's a detailed comparison: 1. **Significant Difference in R&D Spending**: Boeing (BA) allocates $844 million for R&D in Q1 2025, while HOVR's R&D expenses are $306,935.5 for Q3 2025, indicating a substantial disparity in investment levels. 2. **Comparison with Peers**: Lockheed Martin (LMT) also does not disclose R&D figures for the same period, making a direct comparison challenging. However, the available data suggests that HOVR's R&D spending is significantly lower than that of Boeing. 3. **Industry Context**: The Aerospace & Defense industry is known for its high R&D investments, as evidenced by the figures for Boeing. This indicates that HOVR's lower spending could potentially impact its product development and innovation capabilities compared to its peers. |code|Ticker|Name|Date|R&D Expenses|market_code| |---|---|---|---|---|---| |BA|BA.N|The Boeing|20241231|8.36E8|169| |HOVR|HOVR.O|New Horizon Aircraft|20241231|179539.7926|186| |BA|BA.N|The Boeing|20250331|8.44E8|169| |HOVR|HOVR.O|New Horizon Aircraft|20250331|220114.13391|186| |HOVR|HOVR.O|New Horizon Aircraft|20250630|304695.30378|186| |HOVR|HOVR.O|New Horizon Aircraft|20250930|306935.49595|186| |LMT|LMT.N|Lockheed Martin|||169|