State Street SPDR S&P Aerospace & Defense ETF News - March 2026
🟢 XAR is trading 13.8% up today as Trump extends Iran deadline to April 6
XAR is trading 13.8% higher in after-hours trading as Trump extends the Iran Strait of Hormuz deadline to April 6, easing immediate fears of energy...
Iran's Ceasefire Rejection Hammers Defense ETF — But Does the War That Crushed Stocks Today Actually Guarantee Bigger Budgets Tomorrow?
Shares of the XAR aerospace and defense ETF plunged 3.0% to $258.56 on Thursday as investors fled risk assets after Iran flatly rejected a U.S. ceasefire plan...
Honeywell invests $500M in defense tech, accelerating US munitions production
Honeywell signed a supplier framework agreement with the U.S. Department of War to rapidly increase defense technology production. The company will invest...
Lockheed Martin to Quadruple Missile Production After Successful Combat Debut
Lockheed Martin and the Department of War signed a framework agreement to quadruple production of Precision Strike Missiles (PrSM). This initiative aims to...
Iran strikes Israel with missiles, pushing oil prices above $104
Iran launched multiple waves of missile strikes against Israel on Tuesday. Air raid sirens sounded across Tel Aviv and surrounding areas during the...
NASA weighs replacing Boeing SLS with SpaceX Starship, citing $4B costs
NASA officials are meeting with Boeing, SpaceX, and Blue Origin today, March 24, to discuss a significant change to the Artemis moon mission architecture....
Iran De-Escalation Sends Aerospace & Defense Surging — But Can a Five-Day Pause Sustain the Rally?
Shares of the SPDR S&P Aerospace & Defense ETF (XAR) jumped +3.2% to $267.08 on Monday as Wall Street staged a dramatic reversal after President Trump...
🟢 XAR is trading 3.2% up today as postponed Iran strikes ease inflation fears
XAR is trading 3.2% up today as President Trump's five-day postponement of strikes on Iranian energy infrastructure eased fears of energy shocks and...
General Dynamics Secures $15.4 Billion Navy Contract for Next-Gen Nuclear Submarines
The U.S. Navy awarded General Dynamics Electric Boat a contract modification valued at up to $15.4 billion. This agreement funds the construction and testing...
Trump threatens Iran power plants, demanding Strait of Hormuz reopening
President Donald Trump issued a 48-hour ultimatum Sunday. He threatened to destroy Iran’s power plants unless the Strait of Hormuz reopens to all shipping....
Patriot System Intercepts Iranian Missiles, Validating U.S. Defense Tech Demand
A Greek-operated Patriot missile battery intercepted two Iranian ballistic missiles over Saudi Arabia on Sunday. This engagement provides real-world validation...
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...
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...
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...
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...
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...
Anduril Wins $20 Billion Army Contract, Challenging Legacy Defense Giants
The U.S. Army awarded defense technology startup Anduril Industries a 10-year contract worth up to $20 billion. Anduril will serve as the lead vendor for an...