State Street SPDR S&P Aerospace & Defense ETF News - April 10, 2026

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

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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
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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)...

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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
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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
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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...

Lockheed Martin Orion completes Artemis II mission, securing future lunar contracts
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Lockheed Martin Orion completes Artemis II mission, securing future lunar contracts

Lockheed Martin’s Orion spacecraft completed the Artemis II mission on April 10, 2026. The 10-day flight concluded with a successful splashdown in the Pacific...

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White House proposes $1.5 trillion defense budget, fueling long-term aerospace growth

The White House unveiled its fiscal year 2027 defense budget proposal on April 10, 2026. The administration requests a $1.5 trillion baseline for the Pentagon...