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First Trust Indxx Aerospace & Defense ETF
As of May 30, 2026 at 09:05 UTC
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About First Trust Indxx Aerospace & Defense ETF
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Latest News
5 articlesAST SpaceMobile shares fell over 14% in premarket trading Monday after its BlueBird 7 satellite was placed into a lower-than-planned orbit during the New Glenn 3 mission. The satellite's altitude is too low for sustained operations and will be de-orbited, though the company expects to recover costs through insurance. Despite this setback, AST SpaceMobile maintained its 2026 launch cadence and reaffirmed its target of roughly 45 satellites in orbit by year-end.
Boeing has finalized a $10.55 billion deal to sell its Digital Aviation Solutions division, including Jeppesen, ForeFlight, AerData, and OzRunways, to Thoma Bravo. The transaction will allow Boeing to focus on its core businesses and strengthen its balance sheet.
RBC Capital Markets analyst Ken Herbert cut the price target for General Dynamics to $280 from $290, citing concerns over defense margin challenges and policy risks. The analyst remains optimistic about Gulfstream's 2025 outlook but sees execution challenges and limited margin expansion in the defense business.
