XAR is trading at $281.86 (+3.01%) driven by defense-sector momentum following Northrop Grumman’s $1.8B LITENING targeting-pod deal and broader missile-production wins.
- The ETF is benefiting from a strong risk-on tape, with the defense sleeve of the market gaining over 2% during the session.
- Investors are rotating into defense names amid ongoing geopolitical uncertainty and renewed attention to military procurement demand.