XAR State Street SPDR S&P Aerospace & Defense ETF

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Latest News

Netherlands joins US combat drone program, targeting NATO interoperability

The U.S. Air Force and the Dutch Ministry of Defence partnered to develop prototype Collaborative Combat Aircraft (CCA). This agreement integrates the...

Saab Secures €5B NATO Deal, Ending Boeing’s 40-Year Surveillance Dominance

Saab Secures €5B NATO Deal, Ending Boeing’s 40-Year Surveillance Dominance

The NATO Support and Procurement Agency selected the Swedish-Canadian GlobalEye platform to replace its Boeing E-3A Sentry AWACS fleet. This decision ends over...

L3Harris Secures $1B Pentagon Investment, Plans 2026 Missile Unit IPO

L3Harris Technologies closed a $1 billion strategic investment from the U.S. Department of War to modernize missile production. The capital targets increased...

Boeing completes first MQ-25A drone flight, extending Navy combat range

Boeing completes first MQ-25A drone flight, extending Navy combat range

Boeing and the U.S. Navy completed the first test flight of the operational MQ-25A Stingray unmanned refueling aircraft. The drone autonomously performed...

Boeing completes first MQ-25A drone flight, extending Navy combat range

Boeing completes first MQ-25A drone flight, extending Navy combat range

Boeing and the U.S. Navy completed the first two-hour test flight of the MQ-25A Stingray. The flight occurred at MidAmerica St. Louis Airport. The unmanned...

Space Force Awards $3.2B for SBI Program, Advancing Golden Dome Defense

The U.S. Space Force’s Space Systems Command (SSC) awarded up to $3.2 billion in contracts to 12 companies. These agreements fund the development of the...

SpaceX and Lockheed win $3.2B for Golden Dome, boosting missile defense

The U.S. Space Systems Command awarded 20 Other Transaction Authority agreements. The total value of these contracts reaches up to $3.2 billion. Twelve...

Thales Secures $536 Million Australian Order, Fueling Defense Sector Growth

Thales Secures $536 Million Australian Order, Fueling Defense Sector Growth

Thales secured a $536.4 million (A$750 million) contract from the Australian government. The agreement covers the delivery of 268 additional Bushmaster...

🔴 XAR is trading 3% down today on broader industrials weakness and geopolitical de-escalation

XAR is trading 3% down at $248.75 in pre-market action, pressured by broader industrials sector weakness and easing geopolitical tensions in the Middle...

🔴 XAR is trading 3% down today amid broader industrials weakness and geopolitical de-escalation

XAR is trading at $248.75 (down 3.00%) following recent industrials weakness and geopolitical de-escalation in the Strait of Hormuz. • The decline contrasts...

Leidos Secures $617M Army Deal for Air Defense, Targeting Drone Threats

Leidos won a $617 million U.S. Army contract for the Indirect Fire Protection Capability (IFPC) Increment 2 system. The agreement funds the production of more...

Air Force orders 4,300 JASSM missiles, preparing for sustained warfare

The U.S. Air Force plans to acquire approximately 4,300 AGM-158 Joint Air-to-Surface Standoff Missiles (JASSMs). This procurement rebuilds inventories...

Northrop Grumman Delivers Anti-Jam GPS for F-22, Securing Contested Airspace

Northrop Grumman Delivers Anti-Jam GPS for F-22, Securing Contested Airspace

Northrop Grumman delivered the first production unit of its Embedded GPS/Inertial Navigation System Modernization (EGI-M) to the U.S. Air Force and Navy. The...

Ondas Completes Mistral Merger, Boosting Defense Backlog to $457 Million

Ondas Inc. (Nasdaq:ONDS) finalized its merger with U.S. defense prime contractor Mistral Inc. The transaction is valued at $175 million. This acquisition...

Pentagon accelerates 14 missile programs, boosting procurement budget by 188%

The Pentagon's Munitions Acceleration Council identified 14 critical weapon systems for a major production ramp-up. Fiscal 2027 budget documents released today...

Lockheed Martin Exits $15B Navy Jet Contest, Narrowing Trainer Field

Lockheed Martin Exits $15B Navy Jet Contest, Narrowing Trainer Field

Lockheed Martin and Korea Aerospace Industries have withdrawn from the U.S. Navy’s Undergraduate Jet Training System (UJTS) competition. The decision follows...

U.S. Air Force Orders 4,300 JASSM Missiles, Replacing Stocks After Iran Conflict

The U.S. Air Force announced a procurement plan on April 23, 2026. This plan involves acquiring nearly 4,300 AGM-158 Joint Air-to-Surface Standoff Missiles...

RTX Hikes 2026 Outlook, Citing Record $271 Billion Backlog

RTX Corporation reported adjusted first-quarter 2026 revenue of $22.1 billion. Adjusted earnings per share reached $1.78. Revenue grew 9% year-over-year....

Lockheed Martin Reports 13% Profit Drop, Offset by Surging PAC-3 Demand

Lockheed Martin Reports 13% Profit Drop, Offset by Surging PAC-3 Demand

Lockheed Martin reported first-quarter sales of $18 billion. Revenue remained flat compared to the same period last year. Net earnings fell to $1.5 billion...

Pentagon accelerates Golden Dome missile shield, driving defense industry demand

Senior U.S. defense officials announced the Golden Dome for America missile defense initiative is advancing ahead of schedule. This next-generation layered...