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This Exchange Traded Fund (ETF) aims to replicate the investment performance of a specific market index. This benchmark index is made up solely of shares from U.S.-based companies that operate within the aviation and defense industries.

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.

Defense ETFs like ITA offer diversified exposure as the latest U.S.-Iran escalation boosts demand for defense products.

U.S.-Iran tensions are lifting oil prices and could reshape the outlook for energy, defense, gold and rate-sensitive ETFs.