State Street SPDR S&P Aerospace & Defense ETF News - March 23, 2026
Enigma Aerospace launches with $7M, automating military logistics in contested zones
Defense technology startup Enigma Aerospace officially emerged from stealth today. The company secured $7 million in venture and Department of War funding to...
Space Force Launches $2B Radar Overhaul, Targeting Faster Missile Threats
The U.S. Space Force is launching the Ground Based Radar Digitization (GBRD) program to overhaul eight legacy systems. This initiative replaces aging analog...
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...
Pentagon to accept radar-less F-35s by 2026, citing production delays
The U.S. military will begin accepting F-35 Joint Strike Fighters without primary operational radars starting in fall 2026. Production delays for the...
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....