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Direxion Shares ETF Trust - Direxion Daily Aerospace & Defense Bull 3X ETF is an exchange traded fund launched by Direxion Investments. It is managed by Rafferty Asset Management, LLC. It invests in public equity markets of the United States. The fund invests through derivatives and through other funds in stocks of companies operating across industrials, capital goods, aerospace and defense sectors. It uses derivatives such as futures, swaps to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track 3x…
Is DFEN's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.
The US retains significant munitions capacity for operations against Iran, but stocks of sophisticated interceptors missiles have come under greater pressure. Bloomberg Intelligence Senior Defense Analyst Col.
The U.S. State Department said on Friday it had approved the potential sale of Joint Direct Attack Munitions-Extend Range to Saudi Arabia for an estimated $5 billion.
The Pentagon today announced the signing of two framework agreements aimed to increase production of interceptor missile components.
The US remains outside formal negotiations with Iran as Oman and Tehran discuss arrangements for the Strait of Hormuz, leaving the diplomatic path uncertain and raising the possibility of renewed fighting. Joining Bloomberg This Weekend, Bloomberg News White House & National Security Editor Michelle Jamrisko explains to David Gura and Christina Ruffini that strains on US munitions supplies are complicating Washington's options, with the Pentagon pushing defense contractors to accelerate production while balancing weapons needs across Iran, Ukraine and other potential conflicts.
On Monday, the Pentagon announced agreements with L3Harris Technologies and Lockheed Martin to expand weapons production capacity for components of two missile interceptors over the next seven years.