The Invesco Aerospace & Defense ETF (PPA) has fallen 11.55% in the past month despite ongoing U.S.-Iran conflict, driven by supply chain issues at Boeing and rising Treasury yields that pressure high valuations. Boeing's shares dropped sharply due to disrupted supply chains and higher costs, while Lockheed Martin and RTX performed better but couldn't offset the fund's decline. Rising interest rates reduce the present value of future defense contract revenues, impacting PPA's premium valuation. The fund's heavy concentration in expensive mega-cap defense stocks adds risk, with little income to cushion volatility. If Treasury yields fall and top holdings maintain earnings growth, the fund could recover, but ongoing supply chain problems and high rates may continue to weigh on performance.
Lockheed Martin Ventures, the $1 billion venture capital arm of Lockheed Martin, is expanding into the UK and Europe with a new London office. It plans to invest at least $100 million in defense technology startups to strengthen transatlantic defense...
Small-cap stocks in the U.S. market continue to be the most undervalued segment, even after their best first-half performance in over 30 years, according to Morningstar's Q3 2026 outlook. The overall market shows a modest 8% discount to fair value, b...
Xanadu Quantum Technologies and Lockheed Martin have launched a collaboration to enhance quantum computing skills among Lockheed Martin engineers through the Quantum Talent Pipeline (QTP) program. This initiative uses Xanadu's PennyLane platform and ...
Lockheed Martin reaffirmed its 2026 financial guidance with expected sales of $77.5–$80 billion, EPS of $29.35–$30.25, and free cash flow of $6.5–$6.8 billion, anticipating margin improvements in the second half of the year. The company faces near-te...
