XAR State Street SPDR S&P Aerospace & Defense ETF
Company Analysis
Latest News
Rotron Aerospace tests SkyLance drone, enabling low-cost mass strike capabilities
Rotron Aerospace completed the first successful test flight of its SkyLance expendable strike drone on May 12. The flight validated propulsion and system...
Leidos wins $2.7B Army contract, scaling hypersonic weapon production
Leidos secured a $2.7 billion U.S. Army contract to transition hypersonic weapons from prototypes to full-scale production. The award consolidates the Thermal...
U.S. and Ukraine draft drone pact, scaling combat-proven tech
The United States and Ukraine drafted a landmark defense agreement for joint military drone manufacturing. This pact enables Kyiv to export combat-proven...
U.S. and Ukraine draft drone deal to scale combat-proven tech
The United States and Ukraine drafted a defense agreement for joint military drone manufacturing. This pact allows Kyiv to export combat-proven technologies to...
RTX Wins Australian Navy Contract for SeaRAM Missile Defense Systems
Raytheon, an RTX business, secured a contract from Mitsubishi Heavy Industries to equip the Royal Australian Navy’s new frigates. The agreement provides SeaRAM...
Northrop, Boeing to Gain as Pentagon Cancels B-2 Bomber Retirement
The Pentagon’s fiscal year 2027 budget proposal outlines a significant expansion of the U.S. bomber fleet, according to Aviation Week. The plan extends the...
Israel Deploys Iron Dome to UAE, Countering Iranian Missile Threats
U.S. Ambassador Mike Huckabee confirmed Tuesday that Israel deployed Iron Dome anti-missile batteries and military personnel to the United Arab Emirates. The...
Leidos Lands $2.7 Billion Army Deal, Scaling Hypersonic Weapons Production
Leidos secured a $2.7 billion U.S. Army contract to transition hypersonic weapons from prototyping to full-scale production. The agreement consolidates two...
GE and Pratt Clear Milestones in Race for Next-Gen Fighter Engines
GE Aerospace completed the Assembly Readiness Review for its XA102 adaptive cycle engine. This milestone validates the design and supply chain for the U.S. Air...
Boeing eyes 500-jet China order, ahead of Trump presidential visit
China is reviewing the purchase of approximately 500 Boeing 737 MAX jets. This development coincides with an upcoming visit by U.S. President Trump and top...
Defense Sector Gains as Trump Rejects Iran Truce, Eyes Combat
The United Kingdom and France hosted over 40 defense ministers on May 12, 2026. This multinational summit focused on military plans to restore trade flows...
Boeing targets historic 500-jet China deal, joining Trump trade delegation
Boeing CEO Kelly Ortberg joined President Donald Trump’s executive delegation to China this week. The mission includes the CEOs of Apple and Tesla to discuss...
Lockheed Martin Tests New Rocket, Doubling Strike Range to 112 Kilometers
Lockheed Martin successfully flight-tested its Extended-Range Guided Multiple Launch Rocket System (ER GMLRS) on May 12, 2026. The munition traveled 112...
U.S. Navy Forms Munitions Office, Fast-Tracking Tomahawk and Missile Production
The U.S. Department of the Navy established the Portfolio Acquisition Executive (PAE) for Munitions on May 11, 2026. This office implements enterprise-level...
Trump Rejects Iran Peace Proposal, Driving Oil Prices Past $103
President Donald Trump rejected an Iranian peace proposal on May 11, 2026, calling the terms unacceptable. [18, 28, 31] This dismissal, delivered via social...
RTX to Equip New Australian Frigates, Marking First SeaRAM Procurement
Raytheon, an RTX business, secured a contract from Mitsubishi Heavy Industries to provide SeaRAM self-defense systems for the Royal Australian Navy. The...
RTX Invests $26.5M in Florida, Scaling Radar and Defense Production
Collins Aerospace, an RTX subsidiary, is investing $26.5 million to expand its manufacturing facility in Largo, Florida. This expansion will accelerate...
AllClear Expands Honeywell Brake Investment, Targeting Military Supply Shortages
AllClear Aerospace & Defense expanded its investment in Honeywell Aerospace’s wheels and brakes product line. This initiative increases component availability...
Hanwha Aerospace Expands Estonia Rocket Deal, Fueling European Defense Momentum
Hanwha Aerospace secured an additional order to supply three K239 Chunmoo rocket launchers to Estonia. The parties signed this government-to-government...
Hyundai and KAI to mass-produce air mobility aircraft, targeting urban growth
Hyundai Motor Group and Korea Aerospace Industries (KAI) signed a memorandum of understanding to develop and mass-produce advanced air mobility (AAM)...