US defense firms rise on Israel-Iran conflict
ReutersJun 13, 2025 8:47 AM
Shares of U.S. defense firms rise premarket following Israel’s military strike on Iran, an event that has significantly heightened tensions in the Middle East
Lockheed Martin LMT.N up 4.57%, RTX Corp RTX.N rises 5.4%, Northrop Grumman NOC.N up 4%, while L3Harris Technologies LHX.N gains 3.84%
Iran launched about 100 drones towards Israeli territory in retaliation, which Israel is working to intercept, Israeli military spokesman Brigadier General Effie Defrin said
European defense companies also rise
As of last close, S&P 500 Aerospace and Defense index .SPLRCAED rose 21.57% YTD
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