XAR is trading at $272.82 (+3.01%) as Northrop Grumman’s $1.8B LITENING deal and sector-wide missile production agreements boost defense stocks.
- Northrop Grumman’s $1.8B contract for LITENING targeting pods strengthens the revenue outlook for the sector's largest holdings.
- Defense shares are rising on a broader industry move, with the ITA benchmark up 2.02% following major missile-production agreements.
- The ETF continues to benefit from robust global defense demand and a positive risk backdrop for industrial equities.