XAR State Street SPDR S&P Aerospace & Defense ETF

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Latest News

Lockheed Martin Finalizes $4.5B UAE Missile Sale, Amid Rising Iran Tensions

Lockheed Martin Finalizes $4.5B UAE Missile Sale, Amid Rising Iran Tensions

The Trump administration is finalizing a $4.5 billion sale of the Terminal High-Altitude Area Defense (THAAD) system to the United Arab Emirates. Lockheed...

Lockheed Martin advances $4.5B UAE missile deal, driven by Iran tensions

Lockheed Martin advances $4.5B UAE missile deal, driven by Iran tensions

The Trump administration is finalizing a $4.5 billion weapons package for the United Arab Emirates. The deal centers on the Terminal High-Altitude Area Defense...

NASA Solicits X-Plane Proposals, Targeting Flight Tests Within Three Years

NASA Solicits X-Plane Proposals, Targeting Flight Tests Within Three Years

NASA’s Aeronautics Research Mission Directorate is soliciting proposals for new experimental X-planes. Administrator Jared Isaacman directed the initiative to...

Lockheed Martin wins $4.7B contract for PAC-3 missiles, meeting global demand

Lockheed Martin wins $4.7B contract for PAC-3 missiles, meeting global demand

The U.S. Department of Defense awarded Lockheed Martin a $4.7 billion undefinitized contract. This agreement funds a significant production increase for...

Collins Aerospace Wins Five Army FLRAA Contracts, Securing Long-Term Revenue

RTX business unit Collins Aerospace announced five contracts from Bell Textron Inc. on April 13, 2026. The agreement covers critical systems for the U.S....

Lockheed Martin Secures $4.7 Billion Missile Deal Amid Rising Global Tensions

Lockheed Martin Secures $4.7 Billion Missile Deal Amid Rising Global Tensions

The U.S. Department of Defense finalized a $4.7 billion firm-fixed-price contract with Lockheed Martin. This agreement funds the production of PAC-3 Missile...

Lockheed Martin Lands $4.7B US Contract, Fast-Tracking Patriot Missile Production

Lockheed Martin Lands $4.7B US Contract, Fast-Tracking Patriot Missile Production

The US Government awarded Lockheed Martin a $4.7 billion contract to accelerate production of Patriot Advanced Capability-3 (PAC-3) Missile Segment Enhancement...

MDA Space Unveils MIDNIGHT Platform to Secure Critical Orbital Infrastructure

MDA Space officially debuted its MDA MIDNIGHT spacecraft at the 41st Space Symposium in Colorado Springs. The maneuverable space control system allows defense...

GE Aerospace signs IAF deal for F404 depot, localizing fighter jet support

GE Aerospace signed a contract with the Indian Air Force (IAF) on April 13, 2026, to establish an in-country depot facility. This facility will support...

NATO expands UK Project CABOT, securing pipelines after ceasefire collapse

NATO members are seeking to join the United Kingdom’s Project CABOT following the April 12, 2026, collapse of the Russia-Ukraine Easter ceasefire. This...

Ukraine Easter Ceasefire Fails, Signaling Prolonged Demand for Defense Stocks

A 32-hour Orthodox Easter ceasefire proposed by Russia failed before its scheduled conclusion on Sunday, April 12. Russian forces continued striking Ukrainian...

Ukraine Hits Russian Caspian Oil Platforms, Driving Defense Sector Demand

Ukrainian forces launched long-range drone strikes against two Russian offshore oil platforms in the northern Caspian Sea on April 11, 2026. These facilities...

Air Force faces 2035 Taiwan defeat, lacks long-range strike capacity

The Mitchell Institute for Aerospace Studies concludes the U.S. Air Force would likely fail to defeat a Chinese invasion of Taiwan in 2035. Current...

Lockheed Martin Wins $4.7B PAC-3 Deal, Meeting Urgent Global Demand

Lockheed Martin Wins $4.7B PAC-3 Deal, Meeting Urgent Global Demand

Lockheed Martin announced a $4.7 billion undefinitized contract on April 10, 2026. The agreement accelerates production of Patriot Advanced Capability-3...

Lockheed Martin secures $4.7B PAC-3 contract, scaling production amid global demand

Lockheed Martin secures $4.7B PAC-3 contract, scaling production amid global demand

Lockheed Martin announced a $4.7 billion undefinitized contract on April 10. The deal accelerates production of Patriot Advanced Capability-3 (PAC-3) Missile...

Lockheed Martin Secures $4.7B to Boost PAC-3 Output, Meeting Global Demand

Lockheed Martin received a $4.7 billion undefinitized contract to accelerate PAC-3 Missile Segment Enhancement (MSE) interceptor production. The company...

Lockheed Martin lands $4.7 billion Patriot contract to meet surging global demand

Lockheed Martin lands $4.7 billion Patriot contract to meet surging global demand

The U.S. government awarded Lockheed Martin a $4.7 billion contract for Patriot Advanced Capability-3 (PAC-3) Missile Segment Enhancement (MSE)...

Teledyne Secures UK Navy Deal, Countering Russian Undersea Activity

The UK Ministry of Defence awarded Teledyne Marine a contract for advanced autonomous underwater vehicles. The Royal Navy will deploy Sentinel gliders, Slocum...

Hanwha Aerospace Wins €546M Finland K9 Howitzer Deal, Expanding NATO’s Fleet

Hanwha Aerospace Wins €546M Finland K9 Howitzer Deal, Expanding NATO’s Fleet

South Korea’s Hanwha Aerospace secured a €546 million follow-on contract with the Finnish Ministry of Defence. The parties signed the agreement in Helsinki....

FAA Seeks $22.35B to Ramp Up Boeing Oversight, Citing Safety Gaps

FAA Seeks $22.35B to Ramp Up Boeing Oversight, Citing Safety Gaps

The Federal Aviation Administration (FAA) submitted its fiscal year 2027 budget request for $22.35 billion. This proposal represents a 1.6% increase in core...