XAR State Street SPDR S&P Aerospace & Defense ETF
Company Analysis
Latest News
RTX SM-3 Counters Iranian Missile Strike, Spurring Defense Sector Demand
Iran launched two intermediate-range ballistic missiles at the Diego Garcia joint U.S.-U.K. military base today. U.S. officials cited by The Wall Street...
U.S. Army Receives First Autonomous Black Hawk, Signaling Major Fleet Upgrades
The U.S. Army took delivery of the first H-60Mx Black Hawk helicopter upgraded for optionally piloted flight. This next-generation vehicle allows for either...
FedEx hikes 2026 profit forecast, citing record market-share gains
FedEx Corp. exceeded analyst expectations for its fiscal third quarter of 2026. The company reported adjusted earnings of $5.25 per share, surpassing the...
Raytheon Secures $8.4B SM-3 Contract Boost Amid Rising Geopolitical Tensions
The U.S. Missile Defense Agency (MDA) awarded Raytheon, an RTX business, an $8.4 billion ceiling increase for its Standard Missile-3 (SM-3) program. This...
RTX Secures $1.22B UAE Missile Sale, Bolstering Defenses Against Iran
The U.S. State Department approved a $1.22 billion emergency foreign military sale to the United Arab Emirates. The transaction includes 400 AIM-120C-7/C-8...
Pentagon requests $200 billion for Iran war, targeting energy infrastructure
The Pentagon is preparing a $200 billion supplemental funding request to finance the ongoing war with Iran. Officials confirmed the move on March 20 following...
US Approves $16B Middle East Arms Sales, Boosting Defense Sector Revenue
The U.S. State Department approved over $16 billion in potential Foreign Military Sales to the UAE, Kuwait, and Jordan. Officials authorized the deals on March...
U.S. Army validates Apache drone-kill, boosting outlook for legacy defense programs
The U.S. Army confirmed an AH-64E Apache helicopter destroyed a drone during a March 19 live-fire exercise in Germany. This Operation Skyfall demonstration...
Pentagon requests $200 billion for Iran war, fueling defense production ramp-up
The Pentagon requested over $200 billion in supplemental funding from the White House to finance the war with Iran. This emergency measure aims to accelerate...
AerCap orders 100 Airbus A320neo jets, betting on rising airline demand
AerCap Holdings N.V. announced a firm order for 100 additional Airbus A320neo family aircraft. The transaction comprises 23 A320neo and 77 A321neo...
Fed's Hawkish Hold Meets Middle East Oil Shock: Can Defense Spending Save XAR From the Rate Squeeze?
Shares of XAR slid -3.1% to $262.75 on March 19 as a hawkish Federal Reserve and spiraling oil prices collided to punish even the defense sector—a corner of...
đź”´ XAR is trading 3.1% down today on hawkish Fed signals and Middle East energy supply concerns
XAR is trading 3.1% down today as a hawkish Federal Reserve outlook and rising oil prices weigh on the industrials sector. • The Federal Reserve held rates at...
Raytheon Secures $8.4 Billion SM-3 Boost, Raising Total Value to $11.7 Billion
Raytheon, an RTX business, received an $8.41 billion ceiling increase from the U.S. Missile Defense Agency. This modification supports the Standard Missile-3...
General Dynamics Wins $15B Navy Contract for Strategic Nuclear Submarines
General Dynamics Electric Boat received a $15.38 billion contract modification on March 19, 2026. The agreement funds the continued design, support, and...
MDA Space secures $32M contract, expanding Canada’s space surveillance network
The Canadian government’s Defence Investment Agency awarded a $32-million contract to MDA Space for the Surveillance of Space 2 project. Stephen Fuhr,...
Trump Presses Defense Giants to Speed Production, Citing Iran War
President Donald Trump met with CEOs from Lockheed Martin, RTX, Boeing, and Northrop Grumman to accelerate production of missiles and air-defense systems. The...
Lockheed, RTX, Northrop lead $185B Golden Dome, accelerating space-based defense
The U.S. Golden Dome missile defense shield cost rose $10 billion to a new total of $185 billion. The program director increased the budget to accelerate the...
Lockheed, RTX, Northrop lead $185B Golden Dome expansion for space-based defense
The Golden Dome missile defense shield's total cost estimate rose by $10 billion to $185 billion. Space Force General Michael Guetlein announced the budget...
Lockheed, RTX, Northrop Lead $185B Golden Dome Shield, Adding Space Tech
The Golden Dome national missile defense shield budget increased by $10 billion. The program’s total estimated cost now reaches $185 billion. Additional...
Raytheon Secures $2B Air Force Deal to Modernize Nuclear Communications
RTX subsidiary Raytheon received a $2.01 billion contract modification from the U.S. Air Force. This award increases the total cumulative value of the project...