XAR State Street SPDR S&P Aerospace & Defense ETF

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Boeing wins $250M lawsuit, clearing fraud claims over 737 MAX grounding

Boeing wins $250M lawsuit, clearing fraud claims over 737 MAX grounding

A federal jury in Seattle cleared Boeing of liability in a lawsuit brought by LOT Polish Airlines. The carrier sought $250 million in damages for lost...

US Freezes $14B Taiwan Arms Deal, Citing Iran War Munitions Shortage

The United States has suspended a pending $14 billion arms package for Taiwan. Acting Navy Secretary Hung Cao confirmed the freeze during a Senate...

SpaceX files for record $1.75 trillion IPO, lifting space sector investment

SpaceX files for record $1.75 trillion IPO, lifting space sector investment

Space Exploration Technologies Corp. (SpaceX) disclosed its S-1 prospectus for an initial public offering scheduled for June 12, 2026. The company plans to...

Intellisense Wins $400M Boeing Deal to Modernize Air Force C-17 Fleet

Intellisense Wins $400M Boeing Deal to Modernize Air Force C-17 Fleet

The Boeing Company selected Intellisense Systems for the U.S. Air Force C-17 Globemaster III Flight Deck Replacement (FDR) program. This technology refresh...

Kawasaki Heavy partners with Nvidia and Microsoft, shares surge on AI news

Kawasaki Heavy partners with Nvidia and Microsoft, shares surge on AI news

Kawasaki Heavy Industries partnered with Nvidia and Microsoft to develop AI-enhanced industrial robots. The companies established a new AI hub in San Jose,...

Lockheed, RTX Eye Billions, Following Depletion of Half of US Missile Stockpile

Lockheed, RTX Eye Billions, Following Depletion of Half of US Missile Stockpile

A Pentagon assessment reported by The Washington Post reveals the U.S. has depleted nearly half of its advanced missile defense interceptor stockpile while...

Airbus warns of A350 delivery delays, citing Spirit AeroSystems production snags

Airbus warns of A350 delivery delays, citing Spirit AeroSystems production snags

Airbus notified major airlines of further delivery delays for A350 passenger and freighter aircraft. These delays now stretch into the latter half of the...

Honeywell Votes on Reverse Stock Split, Prepping for HONA Aerospace Spinoff

Honeywell International Inc. (NYSE: HON) held its virtual 2026 Annual Meeting of Shareowners on May 22, 2026. Shareowners voted on a proposed 1-for-2 reverse...

SpaceX targets $2 trillion IPO, revealing $45 billion Anthropic compute deal

SpaceX targets $2 trillion IPO, revealing $45 billion Anthropic compute deal

SpaceX filed an SEC Form S-1 for an initial public offering under the ticker SPCX. The company targets a record valuation between $1.75 trillion and $2.0...

Parker Hannifin buys CIRCOR Aerospace for $2.55B, strengthening defense supply chain

Parker Hannifin (NYSE: PH) signed a definitive agreement on May 21, 2026, to acquire CIRCOR International’s Commercial and Defense Aerospace business. The cash...

Parker Hannifin buys CIRCOR for $2.55B, strengthening defense supply chain

Parker Hannifin Corporation (NYSE: PH) signed a definitive agreement on May 21, 2026, to acquire CIRCOR International’s Commercial and Defense Aerospace...

Parker Hannifin buys CIRCOR aerospace for $2.55 billion, targeting high-margin growth

Parker Hannifin Corporation signed a definitive agreement to acquire CIRCOR International’s Commercial and Defense Aerospace unit for $2.55 billion in cash....

Deere Tops Earnings Estimates, Shares Drop as Farm Equipment Demand Slows

Deere Tops Earnings Estimates, Shares Drop as Farm Equipment Demand Slows

Deere & Co. reported second-quarter earnings per share of $5.95, beating the $5.74 consensus estimate. Revenue reached $11.8 billion, surpassing the $11.5...

Boeing Lands 200-Jet China Order, Strengthening Backlog and Trade Ties

Boeing Lands 200-Jet China Order, Strengthening Backlog and Trade Ties

China confirmed a plan for domestic airlines to acquire 200 new Boeing aircraft. This landmark order expands the manufacturer's backlog and improves production...

South Korea deploys $54 billion for steel, fighting costs and Chinese exports

South Korea launched a ₩80 trillion ($54 billion) financial support package for its steel and key industrial sectors. The initiative provides liquidity,...

Boeing secures 200-jet China order, first major deal since 2017

Boeing secures 200-jet China order, first major deal since 2017

China’s Commerce Ministry confirmed a 200-aircraft purchase from Boeing. This marks the first major order from China for the U.S. planemaker since 2017. The...

US and EU Finalize Trade Pact, Averting 25% Auto Tariff Hike

The United States and European Union reached a provisional trade agreement on May 20, 2026. This pact prevents a 25% U.S. tariff on European automobiles...

Boeing Secures 200-Jet China Order, Following Presidential Summit

Boeing Secures 200-Jet China Order, Following Presidential Summit

China’s Commerce Ministry confirmed a purchase of 200 Boeing aircraft on May 20, 2026. This agreement marks the company’s most substantial deal with China in...

Airbus Wins €1.4B Italian Tanker Deal, Replacing Boeing Fleet

Airbus Wins €1.4B Italian Tanker Deal, Replacing Boeing Fleet

Italy will acquire six Airbus A330 Multi-Role Tanker Transport (MRTT) aircraft. The deal is valued at approximately €1.4 billion ($1.6 billion). This agreement...

Boeing Lands 200-Jet Order, Spurring $30B Tariff Reduction

Boeing Lands 200-Jet Order, Spurring $30B Tariff Reduction

China’s Commerce Ministry announced plans to purchase 200 Boeing aircraft on Wednesday. The deal includes U.S. guarantees for the supply of engine parts and...