XAR State Street SPDR S&P Aerospace & Defense ETF
Company Analysis
Latest News
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)...
Lockheed Martin Lands $1.1B HIMARS Deal, Meeting Surging Global Demand
The U.S. Army awarded Lockheed Martin a $1.1 billion contract to produce additional M142 High Mobility Artillery Rocket Systems (HIMARS). This agreement...
U.S., South Korea Launch Shipbuilding Pact, Aiming to Revitalize American Yards
The U.S. Commerce Department and South Korea's Ministry of Trade, Industry and Resources signed a memorandum of understanding in Washington to enhance...
Northrop Grumman B-21 clears flight tests early, signaling faster production
Northrop Grumman announced on May 8, 2026, that the B-21 Raider stealth bomber finished its developmental flight test campaign. The campaign concluded in 73...
RTX Advances XA103 Fighter Engine to Physical Production Phase
RTX’s Pratt & Whitney division completed a digital assembly readiness review for the XA103 engine. This milestone transitions the U.S. Air Force’s Next...
Boeing targets 500-plane China order, joins Trump on Beijing trip
Boeing CEO Kelly Ortberg will join President Trump on an upcoming diplomatic trip to Beijing. Ortberg anticipates a deal involving over 500 aircraft during the...
Boeing Eyes 500-Jet China Deal, CEO Joins Trump Beijing Trip
Boeing CEO Kelly Ortberg will join President Trump on an upcoming diplomatic trip to Beijing. This visit renews prospects for a substantial aircraft order from...
Lockheed Martin to build UAE chiplet facility, powering next-gen defense tech
Lockheed Martin and the UAE’s Tawazun Council for Defence Enablement signed an agreement to build the nation’s first advanced chiplet design and assembly...
Spain Negotiates Turkish Kaan Fighter Deal, Bypassing US F-35
Spain has initiated preliminary government-to-government negotiations with Türkiye to acquire the Turkish Aerospace Industries (TAI) Kaan stealth fighter....
Lockheed Martin builds UAE chiplet facility, powering advanced defense systems
Lockheed Martin signed a strategic agreement with the UAE’s Tawazun Council to establish a national facility for advanced chiplet design and assembly. The...
Lockheed Martin builds UAE microelectronics hub, boosting sovereign defense tech
Lockheed Martin signed a strategic agreement with the Tawazun Council to establish an advanced microelectronics design and assembly facility in the United Arab...
Curtiss-Wright Raises 2026 Forecast, Fueled by $4.3 Billion Defense Backlog
Curtiss-Wright Corporation (NYSE: CW) reported first-quarter 2026 sales of $914 million. This represents a 13% increase over the previous year. Aerospace and...
Curtiss-Wright Lifts 2026 Forecast, Fueled by Naval Defense Growth
Curtiss-Wright (NYSE: CW) reported first-quarter 2026 results after the market close on May 6. Quarterly sales increased 13% year-over-year to $914 million....