State Street SPDR S&P Aerospace & Defense ETF News - May 13, 2026
Boeing negotiates record 500-jet China order, following Trump state visit
Boeing is negotiating a potential order for approximately 500 commercial aircraft with China. This development coincides with President Trump’s current state...
Anduril and Leidos lead 10,000-missile Pentagon program, diversifying defense suppliers
The Pentagon established framework agreements for the Low-Cost Containerized Munitions (LCCM) program. This initiative positions the military to acquire over...
Siemens Hits Record €124B Order Backlog Despite Missing Q2 Profit Forecasts
Siemens reported second-quarter industrial profit fell 8% to €2.97 billion. This result missed analyst expectations of €3.05 billion. Revenue remained flat at...
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...