XAR State Street SPDR S&P Aerospace & Defense ETF

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Company Analysis

Latest News

RTX Delivers Second Space Force Sensor, Targeting Advanced Hypersonic Missile Threats

Raytheon, an RTX business, delivered its second advanced sensor payload to Lockheed Martin. This hardware supports the U.S. Space Force’s Next-Generation...

Honeywell Names Aerospace Spinoff Board, Creating New Sector Giant

Honeywell appointed an 11-member Board of Directors for its upcoming standalone aerospace business. Independent Chair Craig Arnold will lead the board...

RTX delivers second Space Force sensor, boosting hypersonic missile tracking

Raytheon, an RTX business, delivered its second advanced sensor for the U.S. Space Force’s Next-Generation Overhead Persistent Infrared (Next-Gen OPIR)...

Honeywell Names Aerospace Spin-Off Board, Led by Eaton CEO Craig Arnold

Honeywell named the 11-member Board of Directors for its upcoming Honeywell Aerospace spin-off. The company expects to complete the separation on June 29,...

Skydio invests $3.5B in US manufacturing, ending reliance on Chinese components

Skydio invests $3.5B in US manufacturing, ending reliance on Chinese components

Skydio will invest $3.5 billion over the next five years to expand domestic manufacturing. The California-based drone manufacturer expects the move to create...

Netherlands joins US combat drone program, targeting NATO interoperability

The U.S. Air Force and the Dutch Ministry of Defence partnered to develop prototype Collaborative Combat Aircraft (CCA). This agreement integrates the...

Saab Secures €5B NATO Deal, Ending Boeing’s 40-Year Surveillance Dominance

Saab Secures €5B NATO Deal, Ending Boeing’s 40-Year Surveillance Dominance

The NATO Support and Procurement Agency selected the Swedish-Canadian GlobalEye platform to replace its Boeing E-3A Sentry AWACS fleet. This decision ends over...

L3Harris Secures $1B Pentagon Investment, Plans 2026 Missile Unit IPO

L3Harris Technologies closed a $1 billion strategic investment from the U.S. Department of War to modernize missile production. The capital targets increased...

Boeing completes first MQ-25A drone flight, extending Navy combat range

Boeing completes first MQ-25A drone flight, extending Navy combat range

Boeing and the U.S. Navy completed the first test flight of the operational MQ-25A Stingray unmanned refueling aircraft. The drone autonomously performed...

Boeing completes first MQ-25A drone flight, extending Navy combat range

Boeing completes first MQ-25A drone flight, extending Navy combat range

Boeing and the U.S. Navy completed the first two-hour test flight of the MQ-25A Stingray. The flight occurred at MidAmerica St. Louis Airport. The unmanned...

Space Force Awards $3.2B for SBI Program, Advancing Golden Dome Defense

The U.S. Space Force’s Space Systems Command (SSC) awarded up to $3.2 billion in contracts to 12 companies. These agreements fund the development of the...

SpaceX and Lockheed win $3.2B for Golden Dome, boosting missile defense

The U.S. Space Systems Command awarded 20 Other Transaction Authority agreements. The total value of these contracts reaches up to $3.2 billion. Twelve...

Thales Secures $536 Million Australian Order, Fueling Defense Sector Growth

Thales Secures $536 Million Australian Order, Fueling Defense Sector Growth

Thales secured a $536.4 million (A$750 million) contract from the Australian government. The agreement covers the delivery of 268 additional Bushmaster...

🔴 XAR is trading 3% down today on broader industrials weakness and geopolitical de-escalation

XAR is trading 3% down at $248.75 in pre-market action, pressured by broader industrials sector weakness and easing geopolitical tensions in the Middle...

🔴 XAR is trading 3% down today amid broader industrials weakness and geopolitical de-escalation

XAR is trading at $248.75 (down 3.00%) following recent industrials weakness and geopolitical de-escalation in the Strait of Hormuz. • The decline contrasts...

Leidos Secures $617M Army Deal for Air Defense, Targeting Drone Threats

Leidos won a $617 million U.S. Army contract for the Indirect Fire Protection Capability (IFPC) Increment 2 system. The agreement funds the production of more...

Air Force orders 4,300 JASSM missiles, preparing for sustained warfare

The U.S. Air Force plans to acquire approximately 4,300 AGM-158 Joint Air-to-Surface Standoff Missiles (JASSMs). This procurement rebuilds inventories...

Northrop Grumman Delivers Anti-Jam GPS for F-22, Securing Contested Airspace

Northrop Grumman Delivers Anti-Jam GPS for F-22, Securing Contested Airspace

Northrop Grumman delivered the first production unit of its Embedded GPS/Inertial Navigation System Modernization (EGI-M) to the U.S. Air Force and Navy. The...

Ondas Completes Mistral Merger, Boosting Defense Backlog to $457 Million

Ondas Inc. (Nasdaq:ONDS) finalized its merger with U.S. defense prime contractor Mistral Inc. The transaction is valued at $175 million. This acquisition...

Pentagon accelerates 14 missile programs, boosting procurement budget by 188%

The Pentagon's Munitions Acceleration Council identified 14 critical weapon systems for a major production ramp-up. Fiscal 2027 budget documents released today...