Aerospace and defense ETFs beat S&P 500 as Middle East fears intensify
Aerospace and defense ETFs have surged in the past year — and are up so far this week even as the U.S. stock market has broadly stumbled.
ITA expects higher full-year revenue as it prepares to join Lufthansa group
Italy's ITA Airways said on Friday it expects passenger revenue to increase by a quarter in 2024 from last year as it flies with fuller planes, after core profit turned positive in the first half.
Aerospace & Defense ETFs at 52-Week High: Here's Why
Aerospace & Defense exchange-traded funds (ETFs) have hit 52-week highs lately.
ITA's Valuation Is Elevated As Its Secular Growth Trend Has Been Priced In
The iShares U.S. Aerospace & Defense ETF offers exposure to US aerospace and defense companies, with a focus on large-cap stocks and growth investments. The ITA ETF benefits from global military spending trends, particularly NATO's increased defense budgets, despite US fiscal constraints and budgetary pressures. Valuations for ITA are stretched due to recent gains, making it less attractive compared to peers like XAR and PPA with lower Boeing exposure.
On the Radar With Aerospace and Defense ETFs
Like many analysts and investors, I'm always searching for the next big idea—whether it's a new company that creates a path to a whole new industry, an innovative ETF, or a new megatrend. I'm still an advocate of crypto, artificial intelligence, and other disruptive technologies, but sometimes good investment ideas aren't always obscure.
Should You Invest in the iShares U.S. Aerospace & Defense ETF (ITA)?
Looking for broad exposure to the Industrials - Aerospace & Defense segment of the equity market? You should consider the iShares U.S. Aerospace & Defense ETF (ITA), a passively managed exchange traded fund launched on 05/01/2006.
ITA-Lufthansa deal may help long-haul, business travel in Rome, airport CEO says
Rome Fiumicino airport sees room to grow as a hub for long-haul flights and business passengers after Lufthansa won European Union approval to buy a stake in ITA Airways, its CEO told Reuters.
Aerospace & Defense ETFs to Track Amid Q2 Earnings
Look at Aerospace & Defense ETFs, as companies report second-quarter 2024 earnings.
Harris Or Trump – Defense Stocks Are Winning, Tech Battle, Personal Income Drops, Trump Crypto Push
To gain an edge, this is what you need to know today.
ITA: NATO's Boost In Military Spending Benefits USA's Arms Exports
Global military expenditure increased by 6.8% y/y in 2023, driving growth in the defense sector. NATO members pledged to increase defense spending, benefiting U.S. defense contractors. iShares U.S. Aerospace & Defense ETF offers exposure to defense sector companies, with a neutral recommendation due to fund composition.
Lufthansa CEO reassures investors of ITA Airways' financial health
Lufthansa executives on Friday sought to reassure investors about ITA Airways' financial health after it received EU approval this week to buy 41% stake of the Italian airline.
EU gives conditional nod to Lufthansa's proposed ITA Airways stake
The EU on Wednesday announced its conditional approval for German airline Lufthansa's proposed stake in ITA Airways, a deal that Italy called a "big European success".
