Arms Maker Rheinmetall Slashes Guidance Again as Orders Face Delays
Published . Updated .
Key takeaways
Market Call
Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.
Get these market calls by email
The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.
Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.
This report is about defense.
Directly affected
- RNMBY Rheinmetall (ETR: RHM)
Named in this report.
Indirectly affected
- ITA iShares U.S. Aerospace & Defense ETF+1.1% 30d
iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “arms” (defense) in this story.
- XAR SPDR S&P Aerospace & Defense ETF-4.4% 30d
SPDR S&P Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “arms” (defense) in this story.
- NOC Northrop Grumman+7.0% 30d
Northrop Grumman (search, detection, navigation, guidance, aeronautical sys): defense contractors gain when military spending rises. Linked by “arms” (defense) in this story.
- LMT Lockheed Martin+21.8% 30d
Lockheed Martin (guided missiles and space vehicles and parts): defense contractors gain when military spending rises. Linked by “arms” (defense) in this story.
- RTX Rtx+5.4% 11d
Rtx (aircraft engines and engine parts): defense contractors gain when military spending rises. Linked by “arms” (defense) in this story.
- LHX L3Harris Technologies+10.7% 30d
L3Harris Technologies (search, detection, navigation, guidance, aeronautical sys): defense contractors gain when military spending rises. Linked by “arms” (defense) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| RNMBYNon-US listing (OTC); price checks may stay empty | — | — | — | — | — | — | — |
| ITA | -4.02% | -3.08% | base | -1.53% | after close | after close | after close |
| XAR | -3.84% | -2.83% | base | -3.12% | after close | after close | after close |
| NOC | +0.45% | +1.37% | base | -3.83% | after close | after close | after close |
| LMT | -1.51% | -0.41% | base | -6.63% | after close | after close | after close |
| RTX | -3.80% | -1.96% | base | -2.97% | after close | after close | after close |
| LHX | -6.12% | +0.00% | base | -6.36% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Arms Maker Rheinmetall Slashes Guidance Again as Orders Face Delays WSJ
Source: The Wall Street Journal
IShares U.S. Aerospace & Defense ETF (ITA) since this story, compared with the market
| Company | When | Move | Status |
|---|---|---|---|
| IShares U.S. Aerospace & Defense ETF (ITA) | that day | -1.53% | still updating |
| IShares U.S. Aerospace & Defense ETF (ITA) | three days earlier | -3.08% | final price |
| IShares U.S. Aerospace & Defense ETF (ITA) | five days earlier | -4.02% | final price |
| L3Harris Technologies (LHX) | that day | -6.36% | still updating |
| L3Harris Technologies (LHX) | three days earlier | 0.00% | final price |
| L3Harris Technologies (LHX) | five days earlier | -6.12% | final price |
| Lockheed Martin (LMT) | that day | -6.63% | still updating |
| Lockheed Martin (LMT) | three days earlier | -0.41% | final price |
| Lockheed Martin (LMT) | five days earlier | -1.51% | final price |
| Northrop Grumman (NOC) | that day | -3.83% | still updating |
| Northrop Grumman (NOC) | three days earlier | +1.37% | final price |
| Northrop Grumman (NOC) | five days earlier | +0.45% | final price |
| Rtx (RTX) | that day | -2.97% | still updating |
| Rtx (RTX) | three days earlier | -1.96% | final price |
| Rtx (RTX) | five days earlier | -3.80% | final price |
| Spdr Series Trust (XAR) | that day | -3.12% | still updating |
| Spdr Series Trust (XAR) | three days earlier | -2.83% | final price |
| Spdr Series Trust (XAR) | five days earlier | -3.84% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Kevin Hern sold Lockheed Martin (LMT) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 42 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Kevin Hern sold Lockheed Martin (LMT) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 42 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Kevin Hern sold Lockheed Martin (LMT) (jointly held), worth $15,001 - $50,000 on 17 Sep 2026. That is 48 days before publication. Filed 13 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, sold L3Harris Technologies (LHX), worth $1,001 - $15,000 on 28 Aug 2026. That is 68 days before publication. Filed 8 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, sold L3Harris Technologies (LHX), worth $1,001 - $15,000 on 24 Aug 2026. That is 72 days before publication. Filed 8 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, sold L3Harris Technologies (LHX), worth $100,001 - $250,000 on 21 Aug 2026. That is 75 days before publication. Filed 8 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around IShares U.S. Aerospace & Defense ETF (ITA)
Companies mentioned with this story
- ITA IShares U.S. Aerospace & Defense ETF
In “Arms Maker Rheinmetall Slashes Guidance Again as Orders Face Delays,” IShares U.S. Aerospace & Defense ETF (ITA) is linked, with no stored direction, medium confidence. Reason on file: iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “arms” (defense) in this story
- XAR Spdr Series Trust
In “Arms Maker Rheinmetall Slashes Guidance Again as Orders Face Delays,” Spdr Series Trust (XAR) is linked, with no stored direction, medium confidence. Reason on file: SPDR S&P Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “arms” (defense) in this story
- NOC Northrop Grumman
In “Arms Maker Rheinmetall Slashes Guidance Again as Orders Face Delays,” Northrop Grumman (NOC) is linked, with no stored direction, medium confidence. Reason on file: Northrop Grumman (search, detection, navigation, guidance, aeronautical sys): defense contractors gain when military spending rises. Linked by “arms” (defense) in this story
- LMT Lockheed Martin
Lockheed Martin (LMT) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Arms Maker Rheinmetall Slashes Guidance Again as Orders Face Delays.” Reason on file: Lockheed Martin (guided missiles and space vehicles and parts): defense contractors gain when military spending rises. Linked by “arms” (defense) in this story
- RTX Rtx
In “Arms Maker Rheinmetall Slashes Guidance Again as Orders Face Delays,” Rtx (RTX) is linked, with no stored direction, medium confidence. Reason on file: Rtx (aircraft engines and engine parts): defense contractors gain when military spending rises. Linked by “arms” (defense) in this story
- LHX L3Harris Technologies
For “Arms Maker Rheinmetall Slashes Guidance Again as Orders Face Delays,” L3Harris Technologies (LHX) is linked, with no stored direction, medium confidence. Reason on file: L3Harris Technologies (search, detection, navigation, guidance, aeronautical sys): defense contractors gain when military spending rises. Linked by “arms” (defense) in this story
IShares U.S. Aerospace & Defense ETF (ITA)
“Arms Maker Rheinmetall Slashes Guidance Again as Orders Face Delays” (4 Nov 2026) reaches IShares U.S. Aerospace & Defense ETF (ITA) through this story.
The link for IShares U.S. Aerospace & Defense ETF (ITA) is this: iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “arms” (defense) in this story
Also listed, Spdr Series Trust (XAR): SPDR S&P Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “arms” (defense) in this story
Price levels for IShares U.S. Aerospace & Defense ETF (ITA)
ITA traded between 197.59 and 218.73 across 20 sessions. The latest close on file is 216.38. NOC traded between 471.56 and 575.29 across 20 sessions. The latest close on file is 550.21. XAR traded between 210.89 and 237.55 across 20 sessions. The latest close on file is 231.04.
What the saved facts support for IShares U.S. Aerospace & Defense ETF (ITA)
46 out of 100Price not final
“Arms Maker Rheinmetall Slashes Guidance Again as Orders Face Delays” scores 46 out of 100. The score uses 1 sources, and 6 linked companies. The price is not final yet.