JEDI is trading at $27.50 (+3.38%) as defense and industrial stocks gain momentum following key production announcements.
- Lockheed Martin and Rheinmetall have partnered for ATACMS production in Germany, reinforcing demand across the military-industrial complex.
- Sector fundamentals are being bolstered by expectations of a 2026 manufacturing recovery and increased capex spending, helping industrials outperform a weaker broader market.