XAR State Street SPDR S&P Aerospace & Defense ETF

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Latest News

Lockheed Martin Secures $868 Million for Trident Missile Modernization

Lockheed Martin Secures $868 Million for Trident Missile Modernization

Lockheed Martin Corp. secured two U.S. Department of War contracts totaling approximately $868 million on Wednesday. The news was reported on April 16. The...

Boeing Secures $1.5B in Helicopter Deals From UK and US Army

The British government awarded Boeing a $1.19 billion (£879 million) three-year contract for helicopter maintenance. The agreement provides long-term support...

L3Harris invests $1 billion in Virginia, doubling rocket motor manufacturing capacity

L3Harris Technologies is investing over $1 billion to expand its solid rocket motor facility in Orange County, Virginia. The project will more than double...

Lockheed Martin leads $9B Saudi missile sale, signaling robust revenue pipeline

The U.S. State Department notified Congress of a potential $9.0 billion Foreign Military Sale to Saudi Arabia. The package includes 730 PATRIOT Advanced...

Lockheed Martin Wins $1.9 Billion Pentagon Deal for 10-Year C-130J Training

Lockheed Martin Wins $1.9 Billion Pentagon Deal for 10-Year C-130J Training

The Pentagon awarded Lockheed Martin a 10-year contract for the C-130J Maintenance and Aircrew Training System (MATS). The deal carries a potential value of up...

House Passes DoD Aviation Safety Bill, Creating New Aerospace Tech Opportunities

The U.S. House of Representatives passed H.R. 7613, the Airspace Location and Enhanced Risk Transparency Act of 2026. The bipartisan vote concluded at...

RTX lands $3.7 billion Patriot missile deal to bolster Ukraine defenses

RTX subsidiary Raytheon signed a $3.7 billion contract to provide Patriot GEM-T interceptor missiles to Ukraine. This direct commercial sale aims to replenish...

RTX's Raytheon secures $3.7B Patriot contract for Ukraine, replenishing missile stocks

Raytheon, an RTX business, secured a $3.7 billion contract to supply Patriot GEM-T interceptors to Ukraine. This direct commercial sale aims to replenish...

US Navy deploys new anti-drone launcher, signaling defense industry shift

The U.S. Navy equipped the Arleigh Burke-class destroyer USS Carl M. Levin with a previously unseen short-range missile launcher. This system provides a...

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...