The iShares U.S. Aerospace & Defense ETF (ITA) experienced a notable uptick, driven by several developments in the defense sector. On November 27, 2024, the U.S. Air Force announced its pursuit of a new regional airlifter that would enhance its airlift capabilities without relying on traditional runways. This initiative, known as the Runway Independent Mobility/Next Generation Intra-theatre Airlift (NGIA),
The iShares U.S. Aerospace & Defense ETF (ITA) experienced a decline, influenced by a mix of industry-specific developments and broader geopolitical factors. Notably, the aerospace and defense sector is facing potential challenges from threatened tariffs by the Trump administration, which could disrupt global supply chains and impact profitability. Additionally, Elon Musk's recent criticism of the F-35 prog
The iShares U.S. Aerospace & Defense ETF (ITA) is experiencing price movement influenced by several factors impacting the aerospace and defense sectors. Notably, the sector is seeing advancements in electric and hybrid-electric aircraft technology, as demonstrated by Electra's recent military flight tests of its hybrid-electric prototype aircraft. These developments are part of the Department of Defense's T
The iShares U.S. Aerospace & Defense ETF (ITA) is experiencing price movement influenced by several factors affecting the aerospace and defense sectors. A significant development is the ongoing general strike in Italy, which is impacting air travel and causing disruptions in the aerospace industry. The strike, scheduled for November 29, 2024, involves public transport and air travel, with 41 flights cancele
The iShares U.S. Aerospace & Defense ETF (ITA) is experiencing price movement influenced by recent geopolitical and economic developments. On November 27, 2024, former President Trump announced plans to impose a 25% tariff on imports from China, Mexico, and Canada, with an additional 10% tariff on Chinese goods. This announcement has unsettled markets, particularly affecting industries with complex global s
The iShares U.S. Aerospace & Defense ETF (ITA) is experiencing a notable uptick, driven by recent developments in the defense sector. On November 27, 2024, the U.S. Air Force demonstrated its global reach with B-52 bombers conducting operations over Finland, Morocco, and other regions, showcasing the strategic importance of maintaining a robust aerospace and defense capability. Additionally, the delivery of
The iShares U.S. Aerospace & Defense ETF (ITA) is experiencing a positive movement today, driven by significant developments in the defense sector. On November 27, 2024, the U.S. Army announced a substantial $670.5 million contract with Leidos Dynetics Technical Solutions (DTS) for the production of a common hypersonic glide body, in collaboration with Lockheed Martin. This contract is part of a broader ini
The iShares U.S. Aerospace & Defense ETF (ITA) saw an uptick today, closing at 154.69, a 1.18% increase from the previous day. The rise in aerospace and defense stocks is largely attributed to several significant developments in the sector. On November 26, 2024, the U.S. Navy awarded L3Harris a nearly $1 billion IDIQ contract, which is expected to bolster the company's revenue and market position. Additiona
The iShares U.S. Aerospace & Defense ETF (ITA) saw a notable increase today, closing at 154.69, up 1.18% from the previous day. The underlying aerospace and defense sector experienced a boost, driven by several key developments. Lockheed Martin announced preparations to build a new batch of F-35 combat jets in a deal valued at $869.9 million, signaling robust demand for advanced military aircraft. Additiona
The iShares U.S. Aerospace & Defense ETF (ITA) rose to $154.62, up 1.14% as of 2:38 PM ET on November 26th. The aerospace and defense sector is experiencing a boost following several significant developments. Notably, the U.S. Navy awarded L3Harris a nearly $1 billion IDIQ contract, which underscores the ongoing investment in defense capabilities. Additionally, the U.S. Air Force has once again selected Gul
The iShares U.S. Aerospace & Defense ETF (ITA) rose to $154.51, up 1.07% as of 10:32 AM ET on November 26th. The aerospace and defense sector is experiencing a boost, driven by Woodward's impressive financial performance and optimistic guidance. Woodward reported record earnings for 2024, with a 45% increase in earnings per share and a 14% rise in sales, surpassing analyst expectations. The company anticipa
The iShares U.S. Aerospace & Defense ETF (ITA) rose to $154.28, up 0.92% as of 10:27 AM ET on November 26th. The aerospace and defense sector is experiencing a boost, driven by several key developments. Notably, the U.S. Navy awarded L3Harris a nearly $1 billion IDIQ contract, underscoring the ongoing demand for advanced defense technologies. Additionally, the delivery of the first Global 6500 aircraft to t
The iShares U.S. Aerospace & Defense ETF (ITA) rose to $154.59, up 1.12% as of 10:14 AM ET on November 26th. The aerospace and defense sector is experiencing a boost, partly due to Woodward's impressive financial performance. Woodward, a key player in defense parts and energy control systems, reported record results for 2024, with a 45% increase in earnings and a 14% rise in sales. The company also raised i
The iShares U.S. Aerospace & Defense ETF (ITA) rose to $154.08, up 0.78% as of 9:42 AM ET on November 26th. The aerospace and defense sector is experiencing a boost, largely driven by Woodward's impressive financial performance. Woodward, a key player in defense parts and energy control systems, reported record results for 2024, with a 45% increase in earnings to $6.11 per share and a 14% rise in sales to $
The iShares U.S. Aerospace & Defense ETF (ITA) closed down 1.05% at 152.88 on Monday, November 25th, as concerns over potential shifts in U.S. defense policy and geopolitical tensions weighed on the sector. The defense industry is facing uncertainty with the possibility of the Trump administration influencing the balance between traditional defense contractors and emerging tech firms, which could reshape th
The iShares U.S. Aerospace & Defense ETF (ITA) rose by 0.83% at market close on Thursday, November 21, 2024, as defense stocks gained momentum amid geopolitical tensions and increased defense funding. The recent escalation in the war, as reported by Barron's, has heightened demand for defense capabilities, boosting investor interest in the sector. Additionally, the U.S. administration's improved defense fun
The iShares U.S. Aerospace & Defense ETF (ITA) is trading at $150.62, down 0.24% as of 10:35 AM ET on November 20th, amid escalating geopolitical tensions and supply chain concerns in the defense sector. The U.S. Embassy in Kyiv was closed following intelligence of a potential air attack, heightening fears of conflict escalation after Ukraine reportedly used U.S.-supplied Army Tactical Missile Systems to st
The iShares U.S. Aerospace & Defense ETF (ITA) is up 3% in pre-market trading on Wednesday, November 20, reaching $155.51 as of 8:08 AM ET, driven by positive developments in the aerospace and defense sectors. Boeing's recent progress in resolving labor disputes has contributed to a more optimistic outlook for the aerospace industry. The company's union has endorsed a revised contract offer, potentially end
The iShares U.S. Aerospace & Defense ETF (ITA) fell to $151.20, down 3.12% as of 1:10 PM ET on November 14th, amid mixed signals in the aerospace and defense sectors. Despite a significant $900 million contract win by Kongsberg from the U.S. Navy, which highlights strong demand for defense capabilities, the broader aerospace market faces challenges. Boeing's recent equity raise of $21.1 billion aims to stab