DFEN News and Press, Direxion Daily Aerospace & Defense Bull 3X Shares From 05/12/22

Boeing fails to increase Boeing 737 MAX deliveries. Boeing orders continue to showcase demand for the Boeing 737 MAX over the longer term. Deliveries have been disappointing for most of the previous months. For further details see: Boeing: Just Disappointing

Geopolitical tensions are causing many nations to reassess their defense capabilities and readiness. Sweden and Finland have announced plans to apply for NATO membership. As defense spending continues to increase globally for the foreseeable future, particularly in Europe, our Glo...

Textron's stock price has underperformed its industry peers and the market, in general, after the pandemic as a result of its significant commercial aerospace exposure. The good news is that financials have bottomed. High EBITDA growth lies ahead with support from strengthening demand...

Huntington Ingalls is one of the safest dividend growth stocks in my portfolio thanks to its stellar business model and conservative management. The company is looking at accelerating growth after 2022, which will more than likely cause accelerating shareholder distributions. In t...

The Biden administration's proposed $773B Defense Department budget for the fiscal year starting October 1 represents 4.2% nominal growth or 1.5% real growth after accounting for inflation compared with the $742B final appropriation for the current fiscal year. According to a Bloomberg review...

U.S. defense contracting stocks led by Lockheed Martin (NYSE:LMT +3.3%) are in rally mode as Russia's invasion of Ukraine shows no signs of easing. Other notable gainers in Monday's trading include HII +3.5%, NOC +3.4%, LHX +2.7%, GD +1.9%, RTX +1.8%. ETFs: BATS:ITA, XAR, DFEN, FITE, PPA Cowe...

Lockheed Martin (LMT -6.5%) ranks among the day's three biggest losers on the S&P 500 after Bloomberg reported the U.S. Department of Defense plans to buy fewer F-35 fighter jets in FY 2023. The U.S. has been taking 60-85 F-35s per year, and foreign governments could pick up any slack fro...

Aerospace and defense exchange traded funds have seen a double-digit jump in their underlying value ever since Russia invaded Ukraine on Feb. 24th. With the military conflict spotlighting geopolitical risks in general, ETFs that support defense equipment have caught a topside bid. Four ETFs i...

There aren’t very many companies quite like SpaceX. The venture carries NASA astronauts to the International Space Station, takes people for joyrides into space, and delivers communications satellites into orbit. Eventually, its founder wants it to transport people to Mars. Learn h...

Direxion Daily Aerospace & Defense Bull 3X Shares (NYSEARCA:DFEN) - $0.0017. Payable Dec 29; for shareholders of record Dec 22; ex-div Dec 21. For further details see: Direxion Daily Aerospace & Defense Bull 3X Shares declares distribution of $0.0017