XAR State Street SPDR S&P Aerospace & Defense ETF

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Latest News

Leidos Lands $2.7 Billion Army Deal, Scaling Hypersonic Weapons Production

Leidos Lands $2.7 Billion Army Deal, Scaling Hypersonic Weapons Production

Leidos secured a $2.7 billion U.S. Army contract to transition hypersonic weapons from prototyping to full-scale production. The agreement consolidates two...

GE and Pratt Clear Milestones in Race for Next-Gen Fighter Engines

GE and Pratt Clear Milestones in Race for Next-Gen Fighter Engines

GE Aerospace completed the Assembly Readiness Review for its XA102 adaptive cycle engine. This milestone validates the design and supply chain for the U.S. Air...

Boeing eyes 500-jet China order, ahead of Trump presidential visit

Boeing eyes 500-jet China order, ahead of Trump presidential visit

China is reviewing the purchase of approximately 500 Boeing 737 MAX jets. This development coincides with an upcoming visit by U.S. President Trump and top...

Defense Sector Gains as Trump Rejects Iran Truce, Eyes Combat

The United Kingdom and France hosted over 40 defense ministers on May 12, 2026. This multinational summit focused on military plans to restore trade flows...

Boeing targets historic 500-jet China deal, joining Trump trade delegation

Boeing targets historic 500-jet China deal, joining Trump trade delegation

Boeing CEO Kelly Ortberg joined President Donald Trump’s executive delegation to China this week. The mission includes the CEOs of Apple and Tesla to discuss...

Lockheed Martin Tests New Rocket, Doubling Strike Range to 112 Kilometers

Lockheed Martin Tests New Rocket, Doubling Strike Range to 112 Kilometers

Lockheed Martin successfully flight-tested its Extended-Range Guided Multiple Launch Rocket System (ER GMLRS) on May 12, 2026. The munition traveled 112...

U.S. Navy Forms Munitions Office, Fast-Tracking Tomahawk and Missile Production

The U.S. Department of the Navy established the Portfolio Acquisition Executive (PAE) for Munitions on May 11, 2026. This office implements enterprise-level...

Trump Rejects Iran Peace Proposal, Driving Oil Prices Past $103

Trump Rejects Iran Peace Proposal, Driving Oil Prices Past $103

President Donald Trump rejected an Iranian peace proposal on May 11, 2026, calling the terms unacceptable. [18, 28, 31] This dismissal, delivered via social...

RTX to Equip New Australian Frigates, Marking First SeaRAM Procurement

Raytheon, an RTX business, secured a contract from Mitsubishi Heavy Industries to provide SeaRAM self-defense systems for the Royal Australian Navy. The...

RTX Invests $26.5M in Florida, Scaling Radar and Defense Production

Collins Aerospace, an RTX subsidiary, is investing $26.5 million to expand its manufacturing facility in Largo, Florida. This expansion will accelerate...

AllClear Expands Honeywell Brake Investment, Targeting Military Supply Shortages

AllClear Aerospace & Defense expanded its investment in Honeywell Aerospace’s wheels and brakes product line. This initiative increases component availability...

Hanwha Aerospace Expands Estonia Rocket Deal, Fueling European Defense Momentum

Hanwha Aerospace Expands Estonia Rocket Deal, Fueling European Defense Momentum

Hanwha Aerospace secured an additional order to supply three K239 Chunmoo rocket launchers to Estonia. The parties signed this government-to-government...

Hyundai and KAI to mass-produce air mobility aircraft, targeting urban growth

Hyundai and KAI to mass-produce air mobility aircraft, targeting urban growth

Hyundai Motor Group and Korea Aerospace Industries (KAI) signed a memorandum of understanding to develop and mass-produce advanced air mobility (AAM)...

Lockheed Martin Lands $1.1B HIMARS Deal, Meeting Surging Global Demand

Lockheed Martin Lands $1.1B HIMARS Deal, Meeting Surging Global Demand

The U.S. Army awarded Lockheed Martin a $1.1 billion contract to produce additional M142 High Mobility Artillery Rocket Systems (HIMARS). This agreement...

U.S., South Korea Launch Shipbuilding Pact, Aiming to Revitalize American Yards

The U.S. Commerce Department and South Korea's Ministry of Trade, Industry and Resources signed a memorandum of understanding in Washington to enhance...

Northrop Grumman B-21 clears flight tests early, signaling faster production

Northrop Grumman B-21 clears flight tests early, signaling faster production

Northrop Grumman announced on May 8, 2026, that the B-21 Raider stealth bomber finished its developmental flight test campaign. The campaign concluded in 73...

RTX Advances XA103 Fighter Engine to Physical Production Phase

RTX’s Pratt & Whitney division completed a digital assembly readiness review for the XA103 engine. This milestone transitions the U.S. Air Force’s Next...

Boeing targets 500-plane China order, joins Trump on Beijing trip

Boeing targets 500-plane China order, joins Trump on Beijing trip

Boeing CEO Kelly Ortberg will join President Trump on an upcoming diplomatic trip to Beijing. Ortberg anticipates a deal involving over 500 aircraft during the...

Boeing Eyes 500-Jet China Deal, CEO Joins Trump Beijing Trip

Boeing Eyes 500-Jet China Deal, CEO Joins Trump Beijing Trip

Boeing CEO Kelly Ortberg will join President Trump on an upcoming diplomatic trip to Beijing. This visit renews prospects for a substantial aircraft order from...

Lockheed Martin to build UAE chiplet facility, powering next-gen defense tech

Lockheed Martin to build UAE chiplet facility, powering next-gen defense tech

Lockheed Martin and the UAE’s Tawazun Council for Defence Enablement signed an agreement to build the nation’s first advanced chiplet design and assembly...