Global X Funds Global X Defense Tech ETF (ARCA: SHLD)

Ultime notizie per Global X Funds Global X Defense Tech ETF (ARCA:SHLD)

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The Fund invests at least 80 percent of its net assets, plus borrowings for investment purposes (if any), in the securities of the Global X Defense Tech Index (the Underlying Index), which may include common stocks, American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) based on the securities in the Underlying Index. The Fund's 80 percent investment policy is non-fundamental and requires 60 days prior written notice to shareholders before it can be changed. The Underlying Index is owned and was developed by Global X Management Company LLC (the Index Provider), an affiliate of the Fund and the Fund's investment adviser (the Adviser). The Underlying Index is administered and calculated by Mirae Asset Global Indices Pvt. Ltd. (the Index Administrator), an affiliate of the Index Provider. The Underlying Index is designed to provide exposure to defense technology (Defense Tech) companies that are positioned to benefit from technology, services, systems and hardware that cater to the defense and military sector. Specifically, the Underlying Index consists of securities issued by Defense Tech Companies, as determined by the Index Administrator.

Lockheed Martin Corp

Raytheon Co.

Northrop Grumman Corp

General Dynamics Corp

Bae Systems Plc - Common

Palantir Technologies Inc.

L3harris Technologies, Inc

Huntington Ingal

Rheinmetall Ag

Leidos Holdings, Inc.

Thales Sa

Leonardo Spa

Hanwha Aerospace Co Ltd

Global X Defense Tech ETF

Sears Holdings

Sears Holdings Corporation

Global X Funds Global X Defense Tech ETF

If you&#8217;re an ETF investor who&#8217;s been along for the Palantir Technologies Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) hype ride, Tuesday was likely a derailment. 
Even after a <a href="https://www.benzinga.com/news/earnings/25/05/45208000/palantir-q1-earnings-revenue-beat-eps-in-line-customer-count-up-39-company-raises-guidance-citing-surging-and-ferocious-growth">blowout first quarter earnings report</a> and a sparkling forecast, the stock plummeted more than 14% after hours and almost 12% on Tuesday morning, taking a few <a href="https://www.benzinga.com/etfs">PLTR-heavy ETFs</a> down with it.
The culprit? A valuation that may be pushing even the most elastic of market imaginations.
<h1 class="wp-block-heading">ETF Fallout: When One Stock Sneezes</h1>
Three ETFs with significant Palantir exposure found themselves nursing bruises after Tuesday&#8217;s swoon:
Roundhill PLTR WeeklyPay ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/PLTW#BATS">PLTW</a>): Meant to surf Palantir&#8217;s waves, this thematic ETF dropped a painful 18% on Tuesday. 
First Trust US Equity Opportunities ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FPX#NYSE">FPX</a>): Down close to 3%, this ETF took the jolt, too. With Palantir as its top holding with a 10% weightage, even the wider growth exposure couldn&#8217;t soften the blow.
Global X Defense Tech ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHLD#NYSE">SHLD</a>): Also off about 2.1%, even with Palantir included in a strong slate of defense tech plays. The ETF thesis is still intact — defense budgets are rising globally — but valuation concerns outweighed tailwinds, at least for the day.
Tejas Dessai, head of research at Global X ETFs, is bullish on the theme overall, saying that we are &#8220;in the early innings of a generational investment cycle in global defense.&#8221; 
With the U.S. committing $1 trillion annually to defense and geopolitical tensions not so much looking like fireworks, but rather like bonfires, the industry&#8217;s runway appears lengthy, he noted. Palantir is positioned alone in this environment. From battlefield logistics powered by AI to intelligence analysis, it&#8217;s at the nexus of Silicon Valley ingenuity and Pentagon-sized paychecks. That&#8217;s precisely the reason SHLD and its owners are hanging on, even though the ride&#8217;s got turbulence.
<h1 class="wp-block-heading">The Paradox of Powerhouse Performance and Price Panic</h1>
Let&#8217;s get the scorecard straight: Palantir&#8217;s first quarter revenue of $883.86 million beat expectations, rising 39% year-over-year. U.S. commercial revenue surged 71%, customer base grew and the company now projects full-year revenues of as much as $3.90 billion — all while having $5.4 billion in the bank. Not bad for the alleged &#8220;Messi of AI,&#8221; as Wedbush&#8217;s Dan Ives called it.
Also Read: <a href="https://www.benzinga.com/25/05/45213810/palantir-stock-drops-925-after-earnings-beat-dan-ives-stays-bullish-but-jefferies-brent-thill-says-institutions-still-arent-interested">Palantir Is A &#8216;Retail-Driven Story,&#8217; Says Top Analyst As PLTR Stock Falls 9% In After-Hours: &#8216;Not A Single Institutional Investor&#8230;Talks About This&#8217;</a>
But the market wasn&#8217;t having it. Why? Perhaps because the stock is listed at a P/E (TTM) ratio above 560x — a figure that would make even the most optimistic tech bulls wince.
Even with Palantir&#8217;s assurances of positive GAAP operating income each quarter this year, worries that a lot of future growth is already priced in are casting long shadows. As Jefferies&#8217; Brent Thill said, solid fundamentals are one thing, but a <a href="https://www.benzinga.com/markets/equities/25/05/45216263/pltr-stock-falls-9-19-in-premarket-trading-but-this-analyst-remains-bullish-predicts-1-trillion-valuation-in-3-years">65x multiple to revenue is another creature altogether</a>.
<h1 class="wp-block-heading">Valuation Sky High, but Sector&#8217;s Not Coming Down</h1>
Palantir&#8217;s fundamentals are good, its prospects are bright, and its contribution to AI and defense cannot be replicated — but the price is where the market throws up its hands. ETFs such as PLTW, FPX and SHLD, with their various degrees of Palantir exposure, provide a means to bet on the tale — just don&#8217;t anticipate them being resistant to sentiment shocks.
Read Next: 
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<li><a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/25/05/45211160/voo-vs-spy-21-billion-april-surge-puts-voo-ahead-in-the-sp-500-etf-showdown">VOO Vs SPY: $21 Billion April Surge Puts VOO Ahead In The S&amp;P 500 ETF Showdown</a></li>
</ul>
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Specialty ETFs

Movers

Trading Ideas

ETFs

PLTR

Roundhill ETF Trust Roundhill PLTR WeeklyPay ETF

PLTW

SHLD

PLTR-Focused ETFs Down: What's Really Behind Palantir's Plunge? The Numbers Don't Tell The Full Story

Investor interest in global defense stocks has surged following President Donald Trump&#8216;s decision to temporarily suspend U.S. military aid to Ukraine. As tensions continue to rise, defense companies may witness increased demand for their products and services in the geopolitical landscape.
What Happened: This development occurs amid ongoing support for Ukraine from European leaders, with British Prime Minister Keir Starmer pledging a £2.26 billion loan for military supplies.
Meanwhile, Trump aims to <a href="https://www.benzinga.com/news/global/25/03/44101854/trump-reportedly-halts-ukraine-military-aid-pressures-zelenskyy-to-seek-peace-with-russia-amid-growing-rift">pressure</a> Ukrainian President Volodymyr Zelenskyy into peace negotiations with Russia. According to the White House, the freeze will remain in place until Trump determines that Ukraine has made a meaningful effort toward diplomatic talks with Moscow.
As the aid remains frozen, defense stocks from around the world come to fore amid the conflicts. Here is a list of global defense exchange-traded funds which investors could consider in order to participate in the upside.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Global Defense ETFs</td>
<td>YTD Performance</td>
<td>One Year Performance</td>
</tr>
<tr>
<td>iShares US Aerospace &amp; Defense ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ITA#BATS">ITA</a>)</td>
<td>3.10%</td>
<td>16.00%</td>
</tr>
<tr>
<td>Invesco Aerospace &amp; Defense ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPA#NYSE">PPA</a>)</td>
<td>-0.71%</td>
<td>15.24%</td>
</tr>
<tr>
<td>SPDR S&amp;P Aerospace &amp; Defense ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XAR#NYSE">XAR</a>)</td>
<td>-3.21%</td>
<td>14.89%</td>
</tr>
<tr>
<td>Global X Defense Tech ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHLD#NYSE">SHLD</a>)</td>
<td>22.01%</td>
<td>43.29%</td>
</tr>
<tr>
<td>ARK Space Exploration &amp; Innovation ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKX#BATS">ARKX</a>)</td>
<td>-3.91%</td>
<td>27.01%</td>
</tr>
<tr>
<td>Direxion Daily Aerospace &amp; Defense Bull 3X Shares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DFEN#NYSE">DFEN</a>)</td>
<td>5.95%</td>
<td>15.35%</td>
</tr>
<tr>
<td>SPDR S&amp;P Kensho Future Security ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FITE#NYSE">FITE</a>)</td>
<td>-4.36%</td>
<td>13.38%</td>
</tr>
</tbody>
</table>
</figure>
See Also: <a href="https://www.benzinga.com/25/03/44135699/big-tech-slide-an-opportunity-to-buy-amid-selloff-analyst-highlights-bigger-fundamental-concerns-amid-the-possibility-of-technical-bounce-back">Big Tech Slide An Opportunity To Buy Amid Selloff? Analyst Highlights Bigger Fundamental Concerns Amid The Possibility Of Technical Bounce Back</a>
Why It Matters: Following a contentious argument in the White House, Trump blasted the Ukrainian leader's claim that peace remains "very, very far away," calling it "the worst statement" and warning, "America will not put up with it for much longer!&#8221; in a Truth Social post.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="894" height="466" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/05063630/Trump-Truth-Social-Post-On-Zelen.png" alt="" class="wp-image-809935" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/05063630/Trump-Truth-Social-Post-On-Zelen.png 894w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/05063630/Trump-Truth-Social-Post-On-Zelen-300x156.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/05063630/Trump-Truth-Social-Post-On-Zelen-768x400.png 768w" sizes="(max-width: 894px) 100vw, 894px" /></figure>
A White House official, speaking anonymously <a href="https://apnews.com/article/trump-zelenskyy-russia-ukraine-a15a459c9a3a393d040478ebbe250a9e">to</a> the Associated Press, characterized the move as a strategic &#8220;pause and review&#8221; of assistance. The official emphasized that the administration wants to ensure aid is &#8220;contributing to a solution&#8221; rather than prolonging the conflict.
Meanwhile, here is a list of some U.S. defense stocks to watch.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>U.S. Defense Stocks</td>
<td>YTD Performance</td>
<td>One Year Performance</td>
</tr>
<tr>
<td>General Dynamics Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GD#NYSE">GD</a>)</td>
<td>-3.91%</td>
<td>-8.33%</td>
</tr>
<tr>
<td>Northrop Grumman Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOC#NYSE">NOC</a>)</td>
<td>-0.89%</td>
<td>1.22%</td>
</tr>
<tr>
<td>Lockheed Martin Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>)</td>
<td>-6.93%</td>
<td>3.90%</td>
</tr>
<tr>
<td>Boeing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>)</td>
<td>-7.55%</td>
<td>-21.00%</td>
</tr>
<tr>
<td>RTX Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>)</td>
<td>10.94%</td>
<td>42.90%</td>
</tr>
<tr>
<td>General Electric Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>)</td>
<td>17.90%</td>
<td>57.55%</td>
</tr>
<tr>
<td>TransDigm Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDG#NYSE">TDG</a>)</td>
<td>7.63%</td>
<td>16.36%</td>
</tr>
<tr>
<td>Howmet Aerospace Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HWM#NYSE">HWM</a>)</td>
<td>14.65%</td>
<td>86.90%</td>
</tr>
<tr>
<td>Axon Enterprise Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXON#NASDAQ">AXON</a>)</td>
<td>-11.44%</td>
<td>67.65%</td>
</tr>
<tr>
<td>L3Harris Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LHX#NYSE">LHX</a>)</td>
<td>-0.14%</td>
<td>-3.16%</td>
</tr>
</tbody>
</table>
</figure>
Price Action: The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, rose in premarket on Wednesday. SPY rose 0.60% to $580.30 and QQQ was up 0.70% to $499.04, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
On Tuesday, the SPY declined 1.18% to $576.86, and the QQQ dropped 0.30% to $495.55.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/market-summary/25/03/44135177/trump-seeks-to-end-chips-act-who-stands-to-lose-heres-a-list-of-beneficiaries-that-could-be-affected">Trump Seeks To End CHIPS Act: Who Stands To Lose? Here&#8217;s A List Of Beneficiaries That Could Be Affected</a></li>
</ul>
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ARKX

AXON

DFEN

FITE

iShares Dow Jones US Aerospace & Defense Index Fund

Defense Stocks In Focus As Trump Freezes Ukraine Military Aid: Here's A List Of Top Global Defense ETFs To Watch

Officials from the United States and Russia held peace talks on Tuesday without the presence of Ukrainian<a href="https://www.benzinga.com/news/treasuries/25/02/43776075/us-stocks-likely-to-open-higher-amid-ukraine-peace-talk-hopes-as-russian-american-officials-meet"> or European officials.&nbsp;</a>
The Details: U.S. officials led by Secretary of State Marco Rubio met with Russian officials led by Foreign Minister Sergey Lavrov in Saudi Arabia to begin discussions to end the war in Ukraine.&nbsp;
The talks between the groups are also intended as "trust-building" and could lay the groundwork for a future meeting between President Donald Trump and Russian President Vladimir Putin.
Ukrainian President Volodymyr Zelenskyy has said his country would not accept a peace deal negotiated without Ukrainian involvement, though Trump has vowed that Ukraine will be involved in the process.
Read Next: <a href="https://www.benzinga.com/25/02/43703014/robert-f-kennedy-confirmed-as-trump-secretary-of-health">Robert F. Kennedy, Vaccine Skeptic, Confirmed As Trump&#8217;s Secretary Of Health: Health Care Stocks To Watch</a>
There were no European representatives present at Tuesday's talks. However, <a href="https://www.ft.com/content/1924c2b3-4d14-46d6-84d1-b47073b6f55b">according </a>to the Financial Times, the U.S. State Department sent written requests last week asking European governments to outline their potential contributions to a peace deal—ranging from weaponry to peacekeeping forces and security arrangements for Ukraine.
Expert Ideas: Experts are predicting increased defense spending after French President Emmanuel Macron invited European leaders to a security summit on Monday, ahead of Tuesday's talks between Russia and the U.S.&nbsp;
"The emergency defense summit in Paris on Monday on the eve of negotiations over the war in Ukraine strongly implies that a large increase in defense spending among European Union nations is coming,"&nbsp; said Joseph Brusuelas, chief economist at RSM.&nbsp;
Bloomberg reported that defense spending could increase by as much as $3.1 trillion over the next ten years, Brusuelas noted. Stocks in the defense sector are reacting positively to the latest geopolitical developments. 
Stocks To Watch: Shares of RTX Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) and Lockheed Martin Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>), the largest defense contractor in the U.S., are climbing Tuesday as investors anticipate potential orders and contracts related to increased spending from European nations.&nbsp;
Investors can monitor the broader defense sector through the iShares U.S. Aerospace &amp; Defense ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ITA#BATS">ITA</a>) which tracks the Dow Jones US Select Aerospace &amp; Defense Index and the Global X Funds Global X Defense Tech ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHLD#NYSE">SHLD</a>), which offers exposure to both developed and emerging market companies in the defense technology sector.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/global/25/02/43732115/explosion-rocks-chernobyl-nuclear-site-as-zelenskyy-signals-readiness-for-peace-talks">Explosion Rocks Chernobyl Nuclear Site As Zelenskyy Signals Readiness For Peace Talks</a>&nbsp;</li>
</ul>
Image: Shutterstock

Sector ETFs

Global

US, Russian Officials Begin Ukraine Peace Talks: Defense Sector Stocks Rise

Market volatility has intensified investors&#8217; focus on risk-adjusted strategies, with ETFs emerging as a key way to <a href="https://www.benzinga.com/etfs">gain exposure to high-growth stocks</a> without the &#8220;single-stock risk&#8221; string attached. 
Amid the back-to-back market developments, Palantir Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) is making waves with <a href="https://www.benzinga.com/news/earnings/25/02/43449486/palantir-q4-earnings-revenue-beat-eps-beat-us-revenue-up-52-customer-count-up-43-strong-guidance-this-is-a-new-phase-unlike-anything-that-has-come-before">strong Q4 results</a> where it crushed analyst expectations.
For investors seeking exposure to Palantir without direct stock ownership, these are four ETFs to keep an eye on:
Also Read: <a href="https://www.benzinga.com/analyst-ratings/price-target/25/02/43463909/palantir-stock-is-surging-tuesday-whats-going-on">Palantir Stock Is Surging Tuesday: What&#8217;s Going On?</a>
<ul>
<li>REX AI Equity Premium Income ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIPI#NASDAQ">AIPI</a>): In this ETF, Palantir holds the biggest piece of the pie, with 10.77% claim on the total assets. Expense ratio is 0.65%. The ETF inched up 0.4% on Feb. 4, 12.27 p.m. ET.</li>
</ul>
<ul>
<li>ARK Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#NYSE">ARKK</a>): Palantir consistently ranks among ARKK's top 10 holdings, reflecting Cathie Wood's strong conviction in its AI and data-driven capabilities. As of today, Palantir accounts for approximately 5.43% of ARKK's portfolio. The expense ratio is 0.75%. The ETF is currently trading relatively flat.</li>
</ul>
<ul>
<li>Global X Funds Global X Defense Tech ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHLD#NYSE">SHLD</a>): The ETF, with an expense ratio of 0.5%, reserves about 10% of its assets for Palantir. The ETF has returned 35% in the past year. The ETF rose 2.27% as of writing on Feb. 4.</li>
</ul>
<ul>
<li>First Trust US Equity Opportunities ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FPX#NYSE">FPX</a>): Though this fund tracks newly public companies, Palantir has remained a top component despite trading on the market since 2020. Palantir, with its 1000+% growth since its IPO, is a success story on its own, and this ETF capitalizes on that. FPX has around 7.05% allocation to the company stock, appealing to investors targeting high-growth IPOs. The expense ratio is 0.59%. The ETF climbed 1.05% as of writing on Feb. 4.</li>
</ul>
These ETFs allow investors to benefit from Palantir's growth graph while spreading risk across multiple high-tech stocks.
<h3 class="wp-block-heading">Why Palantir Is A Stock To Watch</h3>
Palantir soared after issuing a 2025 revenue forecast of $3.75 billion, surpassing analysts' expectations of $3.54 billion. CEO Alex Karp attributed the bullish outlook to &#8220;untamed organic growth&#8221; in AI demand. The company also projected $1.56 billion in adjusted operating income, beating estimates of $1.37 billion.
In Q4 2024, revenue jumped 36% to $827.5 million, exceeding forecasts of $775.9 million, while profit (excluding certain items) hit 14 cents per share, topping estimates of 11 cents.
Fueled by AI momentum, Palantir's stock surged 340% in 2024. After markets opened Tuesday, shares spiked 27% to a record $106.76, marking their biggest intraday gain in a year, according to Bloomberg.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/etfs/25/02/43468406/treasury-etfs-in-focus-as-trumps-tariffs-feds-rate-decision-shake-bond-markets">Treasury ETFs In Focus As Trump&#8217;s Tariffs, Fed&#8217;s Rate Decision Shake Bond Markets</a></li>
</ul>
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Broad U.S. Equity ETFs

AIPI

ARKK

Palantir Focused ETFs Spark Investor Interest: Here's Why

RBC Capital Markets analyst Ken Herbert cut the price forecast for General Dynamics Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GD#NYSE">GD</a>) to $280 from $290, while <a href="https://www.benzinga.com/quote/GD/analyst-ratings">reiterating an Sector Perform rating</a>.
On Wednesday, the company reported revenue growth of 14.3% year over year to $13.338 billion, beating the consensus of $12.77 billion and EPS of $4.15 (up 14% <a href="https://www.benzinga.com/25/01/43305515/general-dynamics-beats-q4-expectations-with-144-billion-contract-backlog">Y/Y), above the consensus of $4.10</a>.
In its conference call, the company said it expects a 2025 effective tax rate of 17.5%. The CEO said Gulfstream deliveries will be around 150 aircraft in 2025.
Also, the company expects 2025 total revenue of $50.3 billion and company-wide&nbsp;<a href="https://www.benzinga.com/calendars/guidance" target="_blank" rel="noreferrer noopener">EPS to be around $14.80.</a>
The analyst writes that he remains optimistic about the 2025 Gulfstream outlook, however, muted free cash flow and limited margin expansion in defense, coupled with heightened uncertainty in the sector, remains a matter of concern.
In particular, Herbert recognized the execution challenges at Gulfstream but acknowledge the strong business jet demand, reflected in a 1x book-to-bill ratio for fourth-quarter 2024.
Following the company's revised 2025 guidance, the analyst now projects 150 deliveries in 2025 and 160 in 2026.
Additionally, aircraft services could offer upside potential with low double-digit growth, adds the analyst.
Apart from this, the analyst says that the submarine supply chain continues to face significant constraints, leading to persistent margin underperformance.
While revenue growth remains strong, Herbert remain cautious about the pace of margin improvement.
For 2026, the analyst expects overall defense portfolio margins to remain flat at approximately 9.5%, consistent with 2024 levels.
Also, the analyst believes that Trump 2.0 can pose greater risk for the GD defense portfolio outside of Marine.
Investors can gain exposure to the stock via&nbsp;Global X Funds Global X Defense Tech ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHLD#NYSE">SHLD</a>)and&nbsp;First Trust Exchange-Traded Fund First Trust Indxx Aerospace &amp; Defense ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MISL#NYSE">MISL</a>).
Price Action: GDS shares are up 1.54% at $255.31 at the last check Thursday.
Read Next:<a href="https://www.benzinga.com/25/01/43232316/deepseek-jitters-shatter-us-tech-stocks-wipe-out-12-trillion-on-wall-street-analyst-eyes-four-chinese-giants-set-to-benefit"></a>
<ul>
<li><a href="https://www.benzinga.com/25/01/43232316/deepseek-jitters-shatter-us-tech-stocks-wipe-out-12-trillion-on-wall-street-analyst-eyes-four-chinese-giants-set-to-benefit">DeepSeek Jitters Shatter US Tech Stocks, Wipe Out $1.2 Trillion On Wall Street: Analyst Eyes Four Chinese Giants Set To Benefit</a></li>
</ul>
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Price Target

Reiteration

Analyst Ratings

MISL

General Dynamics' Growth Vs. Uncertainty: Analyst Flags Margin Challenges And Policy Risks

Defense <a href="https://www.benzinga.com/news/global/25/01/43013312/defense-stocks-fall-on-gaza-ceasefire-while-broader-market-rallies-whats-going-on">stocks dipped on Wednesday</a> following reports of a verbal ceasefire agreement between Israel and Hamas, taking several related ETFs along.
ETFs like SPDR S&amp;P Aerospace &amp; Defense ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XAR#NYSE">XAR</a>), iShares U.S. Aerospace &amp; Defense ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ITA#BATS">ITA</a>), and Global X Funds Global X Defense Tech ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHLD#NYSE">SHLD</a>) were slightly down as the defense sector lost its appeal to investors.
Nonetheless, the pullback was short-lived, as all three ETFs opened higher and retained momentum on Thursday. Moreover, neither the dip nor the rally was sharp. There can be many possibilities behind this. For starters, the fundamental strength of defense stocks are undeniable. 
Secondly, the market might still be taking time to process that a war of such scale can end so abruptly. Thirdly, another major longstanding war that also draws resources from the U.S. is ongoing between Russia and Ukraine. Thus, despite a short-term withdrawal of a few investors from defense ETFs, the longer-term story seems constructive.
Moreover, the ceasefire agreement does not mean that contracts will stop coming for defense companies. Raytheon Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>), one of the largest holdings of all the aforementioned ETFs, <a href="https://www.benzinga.com/25/01/43034421/whats-going-on-with-rtx-corporation-stock-today">announced a $529 million contract</a> to supply a Patriot air&nbsp;and missile defense system to the Netherlands. 
See Also: <a href="https://www.benzinga.com/25/01/43031336/raytheon-takes-flight-while-boeing-need-more-than-hype-analyst">Raytheon Takes Flight, Boeing Needs More Than Hype: Analyst</a>
The SPDR S&amp;P Aerospace &amp; Defense ETF&#8217;s exposure to commercial aerospace alongside defense provides some insulation against geopolitical shifts. 
Meanwhile, Global X Funds Global X Defense Tech ETF&#8217;s beta of 0.4% means it is less reactive to market volatility.
The War Effect On Defense Stocks
Historically, periods of conflict have been a boon for defense stocks. The Middle East war saw heightened government spending on military contracts, propelling the Global X Defense Tech ETF to a 35% gain over the past year, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. 
Companies in this sector see increased demand during conflicts due to the surge in need for defense systems, technology and equipment.
While the ceasefire signals a de-escalation in the Middle East conflict, defense stocks and ETFs are unlikely to lose their long-term optimism. Geopolitical risks remain a persistent concern, and governments worldwide continue to prioritize defense budgets.
Long-term defense investors are likely to restock on defense ETFs at discounted valuations, taking advantage of the uncertainty. Also, integration of advanced technologies like AI and cybersecurity in defense systems are bound to push demand higher.
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Photo: Shutterstock

Defense ETFs Stabilize After Ceasefire Reports: Why 3 ETFs Have Long-Term Potential

Defense stocks are moving slightly lower Wednesday after Israel and Hamas verbally agreed on a <a href="https://www.benzinga.com/25/01/43011383/israel-gaza-ceasefire-hostage-exchange">ceasefire in Gaza</a>.
What Happened: Hamas accepted a draft agreement on Wednesday for a ceasefire in Gaza that includes the release of several hostages, according to <a href="https://www.benzinga.com/25/01/43011383/israel-gaza-ceasefire-hostage-exchange">multiple reports</a>. 
The agreement follows months of negotiations and paves the way for a potential end to the ongoing war in the Middle East that began about 15 months ago. The verbal agreement also comes just days before President-elect Donald Trump&#8217;s inauguration. 
&#8220;We have a deal for the hostages in the Middle East. They will be released shortly. Thank you!&#8221; Trump&nbsp;said in a post on Truth Social.
The deal reportedly includes a six-week ceasefire and the release of 33 Israeli hostages in exchange for the release of Palestinian prisoners. Israel still needs to ratify the deal, but a vote is expected by Thursday. 
Related Link: <a href="https://www.benzinga.com/25/01/43011383/israel-gaza-ceasefire-hostage-exchange">Israel, Hamas Agree To Cease-Fire Deal With Hostage Exchange: What You Need To Know</a>
Defense stocks including Lockheed Martin Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>), Northrop Grumman Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOC#NYSE">NOC</a>) and RTX Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) moved lower as the ceasefire reports surfaced despite a strong session from broader indices. The Global X Funds Global X Defense Tech ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHLD#NYSE">SHLD</a>) and the SPDR S&amp;P Aerospace &amp; Defense ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XAR#NYSE">XAR</a>) also pulled back from highs on the news. 
At the time of writing, Lockheed Martin shares were down about 0.7%, while Northrop Grumman and RTX shares were down about 0.8%. It&#8217;s worth noting that the SPDR S&amp;P 500 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) was up 1.77% at last check.
Defense stocks have benefitted from the ongoing war in the Middle East with the Global X Funds Defense ETF having gained more than 35% over the past year, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>. Defense stocks tend to rally in periods of elevated conflict given their heavy reliance on government contracts. 
Energy stocks including BP P.L.C (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BP#NYSE">BP</a>), Chevron Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>) and ConocoPhillips (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COP#NYSE">COP</a>) also pulled back slightly on the ceasefire news, but bounced back pretty quickly. 
The United States Oil Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USO#NYSE">USO</a>) hit new 52-week highs on Wednesday on continued momentum from last week after the U.S. announced its most extensive sanctions on Russian oil exports to date.
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Photo: courtesy of Lockheed Martin.

Defense Stocks Fall On Gaza Ceasefire While Broader Market Rallies: What's Going On?

On Monday, Lockheed Martin Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) revealed the launch of the seventh Lockheed Martin-designed and built Global Positioning System (GPS) III satellite, <a target="_blank" href="https://www.benzinga.com/pressreleases/24/12/n42522602/seventh-lockheed-martin-built-gps-iii-satellite-launches-supporting-next-gen-constellation-moderni" rel="noreferrer noopener">GPS III SV07, at 7:52 p.m. ET</a>.
The GPS III SV07 spacecraft, built at Lockheed Martin&#8217;s Littleton, Colorado, facility, was transported by ground to its Florida launch site after its usual military aircraft was reassigned for hurricane relief efforts.
The satellite was launched into orbit 12,550 miles above Earth from Cape Canaveral Space Force Station in Florida.
Carefully planning the 2,337-mile route and tracking Hurricane Milton, the spacecraft completed a six-day journey, avoiding severe weather and arriving for final launch preparations.
The team has successfully completed signal acquisition of GPS III SV07, and the spacecraft is now under operational control at Lockheed Martin&#8217;s Denver Launch &amp; Checkout Operations Center until it is officially accepted into the current 31-satellite operational GPS constellation.
Launched on an accelerated timeline, GPS III SV07 joins the Space Force&#8217;s efforts to modernize the GPS constellation, following the launch of GPS III SV06 in 2023.
Malik Musawwir, vice president of Navigation Systems at Lockheed Martin said, &#8220;We supported our customer&#8217;s vision for an accelerated launch of this GPS satellite, ultimately helping them achieve quick-turn operational readiness.&#8221;
&#8220;Time is of the essence for national security missions, and we quickly delivered this critical capability for the Space Force to support rapid demand for secure, advanced positioning, navigation, and timing signals.&#8221;
Investors can gain exposure to the stock via iShares U.S. Aerospace &amp; Defense ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ITA#BATS">ITA</a>) and Global X Funds Global X Defense Tech ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHLD#NYSE">SHLD</a>).
Price Action: LMT shares are down 0.38% at $489.79 premarket at the last check Tuesday.
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Photo via Shutterstock.

Mission Accomplished: Lockheed Martin's GPS III SV07 Successfully Deployed

RTX Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) disclosed the successful live-firing of its High-Energy Laser Weapon System (HELWS) with the British Army, <a target="_blank" href="https://www.benzinga.com/pressreleases/24/12/n42430737/rtxs-raytheon-high-energy-laser-weapon-system-fired-by-british-army-for-first-time" rel="noreferrer noopener">effectively targeting moving aerial threats</a>.
This experiment marks the British Army&#8217;s first test of a high-energy laser weapon mounted on an armored vehicle, with soldiers trained on the weapon&#8217;s targeting and tracking technologies.
Raytheon&#8217;s HELWS is the first laser weapon integrated and fired from a land vehicle in the UK, part of a collaborative program between Raytheon UK and Team Hersa, the joint LDEW initiative involving Defence and Science Laboratory and Defence Equipment and Support.
The trial, held at a military range in Wales, marked the latest phase of the U.K. Ministry of Defence&#8217;s Land Laser Directed Energy Weapon (LDEW) demonstrator program.
&#8220;Our High-Energy Laser Weapon System has been used in operations globally, and now the British Army is experimenting with this game-changing capability,&#8221; said&nbsp;James Gray, chief executive and managing director of Raytheon UK.
Matt Cork, Head of Team Hersa, added, &#8220;By integrating advanced directed energy technologies onto armoured platforms, we&#8217;re not only proving the feasibility of these game-changing systems but also accelerating their path to operational readiness. It&#8217;s an exciting step forward in redefining the future of defence capability.&#8221;
Investors can gain exposure to the stock via iShares U.S. Aerospace &amp; Defense ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ITA#BATS">ITA</a>) and Global X Funds Global X Defense Tech ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHLD#NYSE">SHLD</a>).
Price Action: RTX shares are down 0.18% at $117.40 at the last check Wednesday.
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Contracts

Raytheon's High-Energy Laser Weapon System Tested With British Army: Details

Palantir Technologies Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) has experienced a remarkable rise, achieving a 298.37% year-to-date return as of Thursday morning. This surge has sparked interest in ETFs with significant exposure to Palantir.
According to&nbsp;<a href="https://pro.benzinga.com/">Benzinga Pro</a>, the&nbsp;Global X Defense Tech ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHLD#NYSE">SHLD</a>) holds 7.82% of its portfolio in Palantir stock, amounting to&nbsp;$51.85 million across 1.24 million&nbsp;shares. SHLD, which combines Palantir&#8217;s defense and intelligence sector presence with other aerospace and defense players, has seen a 40.86% YTD return.
Meanwhile,&nbsp;ARK Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#NYSE">ARKK</a>)&nbsp;has allocated nearly 5% of&nbsp;its portfolio to Palantir, with over $273 million invested in 6.53 million shares. Known for backing high-growth companies, ARKK boasts over $6 billion in assets under management and has achieved a 13.17% YTD return.
See Also:&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42159139/microstrategy-shares-rise-in-monday-pre-market-as-michael-saylor-reveals-mstr-generating-500m-daily-amid-bitcoins-surge?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">MicroStrategy Shares Rise In Monday Pre-Market As Michael Saylor Reveals MSTR Generating $500M Daily Amid Bitcoin&#8217;s Surge (UPDATED)</a>
On the other hand, the&nbsp;REX AI Equity Premium Income&nbsp;ETF&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIPI#NASDAQ">AIPI</a>) holds 9.46% exposure to Palantir, translating to a $9.24 million position. However,&nbsp;its YTD returns have declined&nbsp;by 0.61%. AIPI&#8217;s strategy involves selling out-of-the-money covered call options, which can generate income but may limit capital appreciation.
At the time of writing, Palantir&#8217;s stock was up by 0.23%. The three most recent analyst ratings for Palantir. were issued by BofA Securities, Wedbush, and Goldman Sachs on Nov. 25 and Nov, 7, with an average price target of $63.67 from these firms.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/quote/PLTR/analyst-ratings"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/28083739/Screenshot-2024-11-28-at-7.07.26%E2%80%AFPM-1024x390.png" alt="" class="wp-image-669123" /></a></figure>
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Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.
Image via Flickr

General

Palantir's YTD Returns Surge 298%: Here's How ETFs With Exposure To Alex Karp's Company Have Performed

Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) is making a big move from the <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/11/42014351/palantir-prepares-nasdaq-move-could-nasdaq-100-be-next">NYSE to the Nasdaq</a> Global Select Market, effective Nov. 26.
Could this be a step toward a future inclusion in the Nasdaq-100 Index?
Investors are now watching the stock's exposure in exchange-traded funds (ETFs), especially as its visibility and market value rise with potential inclusion in the Nasdaq-100.
Read Also: <a href="https://www.benzinga.com/24/11/42094248/trumps-return-boosts-palantir-national-security-bets-drive-140-billion-market-cap">Palantir Tech&#8217;s $140 Billion Market Cap Gain Is Driven By Trump&#8217;s Victory And Higher Defense Spending Hope &#8211; Is The Stock Overvalued?</a>
Here are three ETFs with solid exposure to PLTR stock. We&#8217;ve picked those that could provide a balance of decent exposure and good liquidity for investors to consider.
<h2 class="wp-block-heading">REX AI Equity Premium Income ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIPI#NASDAQ">AIPI</a>)</h2>
The AIPI portfolio has 9.46% exposure to PLTR stock, translating into a $9.24 million position in Palantir. This ETF focuses on robotics and AI, which aligns well with Palantir's tech-driven solutions. 
With its hefty exposure, AIPI offers investors a strong bet on Palantir's growth potential. The ETF&#8217;s $25.38 AUM (assets under management) ensures decent liquidity.
<h2 class="wp-block-heading">Global X Defense Tech ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHLD#NYSE">SHLD</a>)</h2>
The SHLD portfolio has 7.82% exposure to PLTR stock &#8211; a solid amount for investors looking for a diversified defense tech ETF. The ETF holds $51.85 million across 1.24 million shares of Palantir. SHLD combines Palantir's presence in defense and intelligence sectors with other key players in aerospace and defense. 
With $430.87 million in AUM, this fund is well-positioned for liquidity while giving investors a reliable chunk of Palantir stock.
<h2 class="wp-block-heading">ARK Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#NYSE">ARKK</a>)</h2>
Palantir also makes its mark in the ARKK, which has allocated nearly 5% of its portfolio to PLTR stock. With over $273 million across 6.53 million invested in Palantir shares, ARKK is a heavy hitter in the innovation space and is known for backing high-growth companies. The fund has over $6 billion in AUM, ensuring liquidity of investment.
Its exposure to Palantir fits neatly into its tech-focused portfolio, while the ETF's scale and liquidity ensure it remains a viable option for investors looking to tap into Palantir's future potential.
As Palantir moves closer to a Nasdaq listing and the possibility of joining the Nasdaq-100, these ETFs offer investors an opportunity to gain exposure to the company. 
With decent PLTR stock exposure and strong liquidity, these funds could be a smart choice for those looking to ride Palantir's potential growth.
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Image: Shutterstock

Long Ideas

Tech

3 ETFs With PLTR Exposure To Consider As Nasdaq-100 Rebalance Looms

Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) shares are trading relatively flat in the <a target="_blank" href="https://www.benzinga.com/premarket" rel="noreferrer noopener">premarket session on Wednesday.</a>
The company announced today that it renewed its multi-year enterprise agreement with the mining giant Rio Tinto Plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RIO#NYSE">RIO</a>), extending the partnership <a target="_blank" href="https://www.benzinga.com/pressreleases/24/11/b41933059/palantir-and-rio-tinto-renew-enterprise-contract-and-extend-access-to-palantirs-ai-platform" rel="noreferrer noopener">for an additional four years</a>.
This agreement ensures Rio Tinto&#8217;s continued access to Palantir&#8217;s Artificial Intelligence Platform (AIP), further enhancing the company&#8217;s operational efficiency and AI capabilities.
As an early adopter of Palantir Foundry, Rio Tinto has already built a robust digital twin, or &#8220;Ontology,&#8221; which serves as a unified data model for critical operations.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/equities/24/11/41891026/palantir-overtakes-lockheed-martin-in-market-cap-how-does-the-messi-of-ai-stack-up-against-the-traditional-defense-player" rel="noreferrer noopener">Palantir Overtakes Lockheed Martin In Market Cap, How Does The &#8216;Messi Of AI&#8217; Stack Up Against The Traditional Defense Player</a>
The Ontology enables Rio Tinto to leverage AIP to rapidly develop, test, and deploy AI-driven solutions, addressing challenges in areas like plant operations, geotechnical risk management, and the coordination of unmanned trains.
&#8220;The Foundry Ontology has made our structured data accessible, and AIP is doing the same for our unstructured data while enabling us to attack with pace problems previously deemed too complex,&#8221;&nbsp;said Bold Bataar, Rio Tinto&#8217;s Chief Commercial Officer.
According to&nbsp;<a target="_blank" href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw" rel="noreferrer noopener">Benzinga Pro</a>, RIO stock has lost over 6% in the past year. Investors can gain exposure to the stock via&nbsp;VanEck Steel ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLX#NYSE">SLX</a>) and&nbsp;Gabelli ETFs Trust Gabelli Financial Services Opportunities ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GABF#NYSE">GABF</a>) and VanEck Natural Resources ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HAP#NYSE">HAP</a>).
For instance, in Western Australia&#8217;s Pilbara region, Foundry integrates real-time data from hundreds of systems, allowing operators to optimize the routing of 53 driverless trains transporting iron ore. This has led to improved safety and throughput on the rail network.
Meanwhile, in Mongolia&#8217;s Oyu Tolgoi mine, the Ontology provides dynamic risk management for one of the world&#8217;s most challenging mining environments.
Palantir&#8217;s AIP will enhance Rio Tinto&#8217;s ability to manage complex workflows and accelerate innovation across its operations. Both companies expect the AI platform to drive continued improvements in performance, safety, and decision-making in Rio Tinto&#8217;s high-stakes environments.
Ted Mabrey, Palantir&#8217;s Head of Commercial, highlighted the potential of AIP to address Rio Tinto&#8217;s most pressing challenges, including risk identification and asset management, ensuring safe and efficient AI deployment.
PLTR stock has gained over 200% in the past year. Investors can gain exposure to the stock via REX AI Equity Premium Income ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIPI#NASDAQ">AIPI</a>) and Global X Funds Global X Defense Tech ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHLD#NYSE">SHLD</a>).
Price Action: PLTR shares are trading higher by 1.02% to $60.46 premarket at last check Wednesday, whie RIO shares are trading lower by 0.46% to $60.92.
Image via Shutterstock
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GABF

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What's Going On With Palantir Stock After Renewing Collaboration With Rio Tinto?

Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) inked a multi-year, multi-million-dollar extension of an earlier deal with APA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APA#NASDAQ">APA</a>).
This deal extension builds on three years of collaboration across oil and gas company APA&#8217;s global portfolio and introduces new AI capabilities through Palantir&#8217;s <a href="https://www.benzinga.com//node/41021018" target="_blank" rel="noreferrer noopener">Artificial Intelligence Platform (AIP) software.</a>
Over the past three years, Palantir has partnered with APA to deploy its software for operational planning, supply chain, maintenance, production optimization, and contract management.
Palantir&#8217;s AIP software has helped APA seize opportunities, improve equipment reliability with real-time monitoring, optimize logistics, and detect anomalies in contracts and invoices.
Travis Osborne, APA&#8217;s Vice President, Chief Information Officer said,&#8221;Our existing partnership has enabled improved operational efficiency and business visibility across our global portfolio. We are excited to expand the use of Palantir AI capabilities to build on this foundation and accelerate performance and cost management even further.&#8221;
This month, Palantir&#8217;s new $99.8 million contract expanded Maven Smart System access to all military branches, <a target="_blank" href="https://www.benzinga.com/markets/equities/24/09/40957619/palantir-wins-deal-worth-multi-million-dollars-to-expand-maven-smart-system-across-us-army-air-f" rel="noreferrer noopener">enhancing interoperability and readiness</a>.
The contract allows military services to leverage existing innovations from the Office of Secretary of Defense and NGA for integration.
According to&nbsp;<a target="_blank" href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw" rel="noreferrer noopener">Benzinga Pro</a>, PLTR stock has gained around 159%&nbsp;in the past year. Investors can gain exposure to the stock via&nbsp;REX AI Equity Premium Income ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIPI#NASDAQ">AIPI</a>) and&nbsp;Global X Funds Global X Defense Tech ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHLD#NYSE">SHLD</a>).
Price Action: PLTR shares are down 0.33% at $36.78 premarket at the last check Wednesday.
Photo by Spyro the Dragon on Shutterstock
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Palantir And APA Amp Up AI Alliance: Multi-Million Dollar Deal To Transform Oil & Gas Operations

Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) shares are <a target="_blank" href="https://www.benzinga.com/pressreleases/24/09/b40954941/palantir-expands-maven-smart-system-aiml-capabilities-to-military-services" rel="noreferrer noopener">trading lower in the premarket session on Friday.</a>
The company announced a contract granted by the DEVCOM Army Research Laboratory (ARL) that broadens Maven Smart System access across military branches, including the Army, Air Force, Space Force, Navy, and U.S. Marine Corps.
This firm-fixed price contract totals up to $99.804 million over five years and streamlines the process for services to utilize the existing features of the Maven Smart System. Maven Smart System is part of the National Geospatial-Intelligence Agency&#8217;s Maven AI framework.
&#8220;To stay ahead of our adversaries, we must deliver software advantage at speed and at every level of the Department of Defense,&#8221; said Shannon Clark, Head of Defense Growth, Palantir.&nbsp;
Also Read:<a target="_blank" href="https://www.benzinga.com/news/24/09/40951997/palantir-co-founder-joe-lonsdale-backs-elon-musks-twitter-acquisition-saying-if-he-had-not-bought-it" rel="noreferrer noopener"> Palantir Co-Founder Joe Lonsdale Backs Elon Musk&#8217;s Twitter Acquisition, Saying If He Had Not Bought It Then &#8216;The Entire West Would Be At 10x The Threat&#8217;</a>
Under the latest development, Palantir&#8217;s platform will enhance AI-enabled battlespace awareness and support global integration, force management, logistics, and joint targeting workflows to improve military interoperability and readiness.
&#8220;This contract vehicle will allow every military department to tap into the innovation that the Office of Secretary of Defense and NGA have created through Maven to accelerate their own CJADC2 programs,&#8221; said Akash Jain, President of Palantir USG.
According to&nbsp;<a target="_blank" href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw" rel="noreferrer noopener">Benzinga Pro</a>, PLTR stock has gained over 149% in the past year. Investors can gain exposure to the stock via&nbsp;REX AI Equity Premium Income ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIPI#NASDAQ">AIPI</a>) and&nbsp;Global X Funds Global X Defense Tech ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHLD#NYSE">SHLD</a>).
Price Action: PLTR shares are trading lower by 2.39% to $35.95 premarket at last check Friday.
Photo via Shutterstock
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Palantir Wins Deal Worth Multi-Million Dollars To Expand Maven Smart System Across US Army, Air Force, Space Force & Navy

Lockheed Martin Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) and Tata Advanced Systems Limited have signed a teaming agreement to strengthen their partnership through the<a target="_blank" href="https://www.benzinga.com/pressreleases/24/09/n40786346/lockheed-martin-and-tata-advanced-systems-announce-agreement-to-expand-c-130j-super-hercules-oppor" rel="noreferrer noopener"> C-130J Super Hercules tactical airlifter</a>.
This move boosts India&#8217;s defense and aerospace capabilities while deepening India-U.S. strategic relations.
This agreement outlines plans to establish an MRO facility in India to support the Indian Air Force&#8217;s 12 C-130Js and other global Super Hercules fleets.
It also includes expanding C-130J manufacturing and assembly in India for the Indian Air Force&#8217;s (IAF) Medium Transport Aircraft (MTA) program, pending U.S. and Indian government approvals.
Lockheed Martin will maintain C-130J production for the U.S. government and global operators at its existing Marietta, Georgia facility.
The additional production and assembly capacity will be established in India if Lockheed Martin is awarded the MTA contract.
The IAF is seeking up to 80 medium transport aircraft and issued an RFI last year. Lockheed Martin responded with the C-130J-30 Super Hercules, which it believes fits the requirements.
Sukaran Singh, chief executive officer and managing director of Tata Advanced Systems, said, &#8220;The current announcement is also significant as it marks the entry of Tata Advanced Systems into the defence MRO space in&nbsp;India&nbsp;for large aircraft platforms. This also helps towards a deeper relationship between the two companies, adding to the aerostructure work by Tata Advanced Systems for Lockheed Martin platforms.&#8221;
Rod McLean, vice president and general manager of the Air Mobility and Maritime Missions line of business at Lockheed Martin, said, &#8220;The C-130J is known as the world&#8217;s workhorse, not just for its large global presence, but also for its international supply chain partners including the single source provider of empennages — Tata Lockheed Martin Aerostructures Limited in&nbsp;Hyderabad.&#8221;
&#8220;This teaming agreement between Lockheed Martin and Tata Advanced Systems further demonstrates Lockheed Martin&#8217;s commitment to a self-reliant&nbsp;India&nbsp;and the degree of confidence that exists in our relationships with our partners in&nbsp;India&nbsp;and the Indian industry at large.&#8221;
In August, Lockheed resumed deliveries of the F-35 jets to the U.S. military after a months-long pause, but the U.S. government is withholding the final $5 million payment per jet until a long-delayed technology upgrade, known as Technology <a target="_blank" href="https://www.benzinga.com/government/24/08/40652646/lockheed-martin-resumes-delivery-of-f-35-jets-but-us-government-to-withhold-some-payment-putting-pro" rel="noreferrer noopener">Refresh 3 (TR-3),&nbsp;is fully implemented</a>.
Investors can gain exposure to the stock via&nbsp;Global X Funds Global X Defense Tech ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHLD#NYSE">SHLD</a>) and First Trust Exchange-Traded Fund First Trust Indxx Aerospace &amp; Defense ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MISL#NYSE">MISL</a>).
Price Action: LMT shares are down 0.19% at $575.49 at the last check Tuesday.
Image via Shutterstock
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Lockheed Martin, Tata Expand C-130J Partnership To Boost India's Defense Capabilities

Parsons Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSN#NYSE">PSN</a>) shares are trading higher on Monday after the company won a three-year contract worth $68.5 million <a target="_blank" href="https://www.benzinga.com/pressreleases/24/09/g40769132/parsons-supports-u-s-indo-pacific-defense-with-68-5-million-u-s-army-infrastructure-contract" rel="noreferrer noopener">from the U.S. Army Corps of Engineers (USACE) Honolulu District.</a>
As per the contract, Parsons will build new army housing units on-island, its second such contract in under a year.
The contract involves the design-bid-build delivery of new U.S. Army housing units in the Kwajalein Atoll, Republic of the Marshall Islands, marking new work for the company.
Parsons was also chosen by the USACE Honolulu District for its Pre-Qualified Source Listing (PQSL), which qualifies the company to receive future large task orders valued at $50 million or more within the district&#8217;s jurisdiction.
In October 2023, the company also secured a $44 million contract for army housing as part of the Department of the Army&#8217;s modernization efforts.
Jon Moretta, President, Engineered Systems for Parsons, said, &#8220;This award expands our work in the Kwajalein Atoll, a uniquely complex environment for infrastructure due to the logistical challenges of servicing the remote location as well as the highly corrosive and humid environment.&#8221;
Last month, Parsons was selected as the lead engineer for the $4.6 billion State Route 400 Express Lanes Major Mobility Investment Program by the Georgia Department of Transportation and the <a target="_blank" href="https://www.benzinga.com/pressreleases/24/08/g40571266/parsons-selected-as-lead-engineer-to-add-express-toll-lanes-to-state-route-400-in-georgia" rel="noreferrer noopener">Georgia State Road and Tollway Authority</a>.
Investors can gain exposure to the stock via&nbsp;Global X Funds Global X Defense Tech ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHLD#NYSE">SHLD</a>) and&nbsp;Professionally Managed Portfolios Otter Creek Focus Strategy ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OCFS#NYSE">OCFS</a>).
Price Action: PSN Shares are up 5.54% at $96.98 at the last check Monday.
Image via Shutterstock
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Professionally Managed Portfolios Otter Creek Focus Strategy ETF

OCFS

Parsons Shares Soar On Grabbing $68.5M Army Housing Contract

Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) shares are trading higher premarket Friday.
Sompo, a subsidiary of the company responsible for the insurance and reinsurance operations of Sompo Holdings outside of Japan, has formed a partnership with&nbsp;Palantir for AI solutions.
The contract extends Palantir&#8217;s partnership with Sompo Holdings in Japan, enabling the use of Palantir Foundry and the Artificial Intelligence Platform (AIP) to enhance decision-making in pricing, underwriting, and risk management.
Read: <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40506202/palantir-leader-in-rapidly-emerging-diverse-enterprise-ai-market-says-analyst-but-p" rel="noreferrer noopener">Palantir Leader In &#8216;Rapidly Emerging, Diverse Enterprise AI Market,&#8217; Says Analyst, But Prefers To Stay On Sidelines: Here&#8217;s Why</a>
Marine Insurance, a segment in which Sompo has held a prominent position in Brazil since 2017, is the first area where the software has already been integrated as a solution in the pricing processes.
Eduardo Esteve, VP of Latin America, Palantir Technologies stated, &#8220;This important agreement with Sompo is Palantir&#8217;s first partnership in the Brazilian insurance sector and reflects our consistent investment and growing local presence in the country.&#8221;
&#8220;Our AI operating system now powers many of Brazil&#8217;s most important organizations, from government public health and education agencies to companies in the retail and tourism sectors.&#8221;
Read: <a target="_blank" href="https://www.benzinga.com/markets/equities/24/08/40337120/surf-air-teams-up-with-palantir-to-revolutionize-air-travel-details" rel="noreferrer noopener">Surf Air Teams Up With Palantir To Revolutionize Air Travel &#8211; Details</a>
This integration aims to deliver efficiency gains and faster response times for Sompo&#8217;s customers and partners. The focus is on leveraging Data Analytics and AI to create intelligent systems that enhance pricing accuracy and operational efficiency, benefiting both insurers and customers.
Rodrigo Caramez, Sompo&#8217;s Chief Strategy Officer, said, &#8220;Historically, the search for efficiency involved automating simple, repetitive, and high-volume processes. This still applies, but with the new technological frontier applied to the use of data and AI, and the availability of simpler tools with natural language, we can expand this search for efficiency to the organization&#8217;s highly specialized core processes.&#8221;
Investors can gain exposure to the stock via REX AI Equity Premium Income ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIPI#NASDAQ">AIPI</a>) and Global X Funds Global X Defense Tech ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHLD#NYSE">SHLD</a>).
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Price Action: PLTR shares are up 0.38% at $32.05 premarket at the last check Friday.
Photo by Spyro the Dragon on Shutterstock
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

What's Going On With Palantir Technologies Shares Premarket Friday?

RTX Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) has developed an air-to-air missile that could give the U.S. an <a href="https://www.benzinga.com/news/24/05/38632421/chinas-growing-missile-arsenal-is-putting-us-officials-on-edge">upper hand against China</a>.
The AIM-174B, which has the longest range of any U.S. missile and is a further development of the Raytheon SM-6 air defense missile, can reach targets as far away as 250 miles, Reuters reported.
The new missile exceeds the striking distance of the AIM-120 AMRAAM missile, which is also made by RTX, by 157 miles and can therefore outrange China&#8217;s PL-15 missile and allow U.S. jets to stay closer to aircraft carriers that they are protecting.
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The AIM-174B, which the U.S. has been deployed to the Indo-Pacific region and was officially acknowledged in July, does not require new production lines and is compatible with the aircraft of U.S. ally Australia.
&#8220;The United States can ensure the safety of their important assets, such as carrier groups, and launch long-range strikes on PLA targets,&#8221; Chieh Chung, a researcher at Taipei-based thinktank Association of Strategic Foresight, told Reuters. 
PLA stands for People&#8217;s Liberation Army.
Almost three weeks ago, RTX reported second-quarter results that beat analyst expectations. 
The company posted $19.791 billion in revenue for the three-month period to exceed analyst consensus of $19.28 billion. Adjusted EPS grew 9% to $1.41, beating consensus of $1.30.
Price Action: RTX rose 0.59% to $117.55 by Wednesday&#8217;s late-afternoon trading
<ul>
<li>IShares U.S. Aerospace &amp; Defense ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ITA#BATS">ITA</a>) gained 0.33%</li>
<li>Direxion Daily Aerospace &amp; Defense Bull 3X Shares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DFEN#NYSE">DFEN</a>) went up 0.69%</li>
<li>First Trust Indxx Aerospace &amp; Defense ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MISL#NYSE">MISL</a>) increased 0.47%</li>
<li>Global X Defense Tech ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHLD#NYSE">SHLD</a>) rose 1.17%</li>
<li>Invesco Aerospace &amp; Defense ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPA#NYSE">PPA</a>) edged up 0.49%</li>
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Asia

RTX Develops Longest-Range Air-To-Air Missile That Could Give US Advantage In South China Sea

Leidos Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LDOS#NYSE">LDOS</a>) shares are <a target="_blank" href="https://www.benzinga.com/movers" rel="noreferrer noopener">trading higher on Wednesday.</a>
According to&nbsp;<a target="_blank" href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw" rel="noreferrer noopener">Benzinga Pro</a>, LDOS stock has gained 50% in the past year. Investors can gain exposure to the stock via&nbsp;Global X Funds Global X Defense Tech ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHLD#NYSE">SHLD</a>) and Amplify ETF Trust Amplify Cybersecurity ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HACK#NYSE">HACK</a>).
The company said it was recently awarded a contract by the National Geospatial-Intelligence Agency&#8217;s&nbsp;&nbsp;Interated Program Office for Analysis for <a target="_blank" href="https://www.benzinga.com/pressreleases/24/08/n40364032/nga-awards-leidos-86-million-analytics-systems-management-contract" rel="noreferrer noopener">lifecycle management of existing and emerging analytics systems</a>.
The single award, indefinite delivery, indefinite quantity (IDIQ) contract, known as Chinook, has a ceiling value of $86.4 million if all task orders are fulfilled over five years.
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&#8220;Geospatial intelligence analysts use a spectrum of tools and need them to perform to support their missions,&#8221; said&nbsp;Roy Stevens, Leidos National Security Sector President.
Under the Chinook contract, Leidos will deliver software development, systems engineering, integration, and operations and sustainment services.
This includes support for systems such as the Commercial-Joint Mapping Tool Kit, Target Coordinate Mensuration Validation, Advanced Analyst Augmentation Analytical Cloud Enablement System, and the Tearline open-source intelligence system.
&#8220;Building on our longstanding relationship with NGA, we are committed to sustaining and evolving these analysis systems for ongoing decision advantage,&#8221; Stevens added.
Leidos will employ DevSecOps practices and Zero Trust cybersecurity methodologies to maintain and enhance these systems.
Price Action: LDOS shares are trading higher by 1.37% to $146.81 at last check Wednesday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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HACK

LDOS

Why Leidos Holdings Shares Are Gaining Today

Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) shares are <a target="_blank" href="https://www.benzinga.com/premarket" rel="noreferrer noopener">trading higher on Wednesday.</a>
According to&nbsp;<a target="_blank" href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw" rel="noreferrer noopener">Benzinga Pro</a>, PLTR stock has gained over 47% in the past year. Investors can gain exposure to the stock via&nbsp;REX AI Equity Premium Income ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIPI#NASDAQ">AIPI</a>) and&nbsp;Global X Funds Global X Defense Tech ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHLD#NYSE">SHLD</a>).
Today, the company inked a pact with Wendy&#8217;s Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WEN#NASDAQ">WEN</a>) Quality Supply Chain Co-op (QSCC) to accelerate digital transformation, AI adoption, and <a target="_blank" href="https://www.benzinga.com/pressreleases/24/08/b40215269/from-the-farm-to-the-frosty-palantir-and-wendys-partner-on-ai-and-supply-chain-digitalization" rel="noreferrer noopener">operational decision-making across the Co-op.</a>
QSCC is the independent purchasing cooperative for the Wendy&#8217;s&nbsp;System based in Dublin, Ohio.
&#8220;Together with Palantir, we&#8217;re unlocking the inherent power of the supply chain ecosystem to drive new and compelling sales and operating efficiencies that will provide Wendy&#8217;s with a distinctive edge in the industry,&#8221; said Pete Suerken, QSCC President and CEO.
Also Read:&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/equities/24/08/40155365/zelle-controversy-heats-up-jpmorgan-considers-legal-action" rel="noreferrer noopener">Zelle Controversy Heats Up: JPMorgan Considers Legal Action</a>
Palantir has established partnerships throughout the food industry and has a demonstrated history of enhancing operations and supply chains with AI-driven solutions.
This partnership will advance QSCC toward a fully integrated Supply Chain Network, unlocking opportunities for AI-driven, automated workflows and a future-connected ecosystem of Wendy&#8217;s suppliers, distributors, and restaurants.
By evolving QSCC into a digitally advanced organization, cost savings and efficiencies will be realized, benefiting all Wendy&#8217;s operators it supports. As the second largest purchasing cooperative in the Quick Service Restaurant (QSR) industry, QSCC services over 6,400 Wendy&#8217;s restaurants across the U.S. and Canada.
&#8220;Our AI operating system powers many of America&#8217;s most important companies, giving them a technology-driven competitive advantage, and we are excited to continue to grow in the QSR sector with this iconic brand and an ambitious vision,&#8221; said Ted Mabrey, Head of Global Commercial at Palantir.
Price Action: PLTR shares are trading higher by 1.69% to $27.04 premarket at last check Wednesday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo via Shutterstock
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