How has ITA performed over the past year?

The ETF has posted a 34% one-year gain, with shares trading around $235.

What are the two key events for ITA in the next 30 days?

The first is the Pentagon's FY2027 budget in Congress, and the second is Honeywell's decision on June 29.

What are the major holdings of the ITA ETF?

Major holdings include Boeing, GE Aerospace, Honeywell, Lockheed Martin, and RTX Corporation.

ITA Aerospace & Defense ETF: Two Key Events in the Next 30 Days

The iShares U.S. Aerospace & Defense ETF (ITA) is up 34% year-over-year, with shares around $235 and $13.5B in assets. Two events in the next four weeks will largely decide its direction: the Pentagon's FY2027 budget and Honeywell's June 29 announcement.

June 9, 2026

2 min read

Source: 24/7 Wall St.

Key Numbers

one year gain

34%

share price

$235

net assets

$13.5B

The iShares U.S. Aerospace & Defense ETF (ITA) is sitting on a 34% one-year gain heading into June, with shares at roughly $235 and $13.5 billion in net assets. Two events in the next four weeks will largely decide whether ITA keeps running: the Pentagon’s FY2027 budget moving through Congress, and the June 29 Honeywell decision.

Details of the Two Events

Pentagon FY2027 Budget

The U.S. Department of Defense's budget for fiscal year 2027 is being reviewed by Congress. Any changes in defense spending levels will directly impact the aerospace and defense companies within the ETF.

Honeywell's June 29 Decision

Honeywell International Inc. (HON) is expected to announce a significant decision on June 29, potentially related to restructuring, acquisitions, or future guidance.

Context

The ETF holds major stocks such as Boeing (BA), GE Aerospace (GE), Honeywell (HON), Lockheed Martin (LMT), and RTX Corporation (RTX). Their performance is closely tied to government spending and commercial demand.

What This Means for Investors

Investors in ITA should closely monitor these two events, as positive or negative developments could lead to volatility in the ETF's value. It is advisable to assess risks based on regulatory and economic developments.

Frequently Asked Questions

The iShares U.S. Aerospace & Defense ETF (ITA) is an exchange-traded fund that invests in U.S. aerospace and defense companies.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.