Geopolitics Alpha

LIG D&A sanctions threaten $92 million counterdrone project

Published . Updated .

LIG D&A sanctions threaten $92 million counterdrone project

Korea’s $92 million counter-drone project faces uncertainty as LIG D&A challenges a two-year bidding ban and a government review of its designated defense contractor status.

Directly affected

  • No company is named in this report.

Indirectly affected

  • ITA iShares U.S. Aerospace & Defense-6.7% 30d

    A fund of aerospace and defense companies. Linked by “defense + drone” in this story

  • XAR SPDR S&P Aerospace & Defense ETF-10.2% 30d

    Defense contractors get more work when conflict spending rises. Linked by “defense + drone” in this story

  • LMT Lockheed Martin+14.2% 30d

    Defense contractors get more work when conflict spending rises. Linked by “defense + drone” in this story

  • RTX RTX-2.2% 6d

    Defense contractors get more work when conflict spending rises. Linked by “defense + drone” in this story

  • NOC Northrop Grumman+5.1% 30d

    Defense contractors get more work when conflict spending rises. Linked by “defense + drone” in this story

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
ITA+2.64%+1.68%baseafter closeafter closeafter closeafter close
XARNo price data for this ticker———————
LMT-9.31%-8.71%baseafter closeafter closeafter closeafter close
RTX+0.57%+0.33%baseafter closeafter closeafter closeafter close
NOC-7.45%-2.17%baseafter closeafter closeafter closeafter 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.

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.

LIG D&A sanctions threaten $92 million counterdrone project Korea JoongAng Daily

Source: Korea JoongAng Daily

This story

CompanyWhenMoveStatus
ITAthree days earlier+1.68%final price
ITAfive days earlier+2.64%final price
LMTthree days earlier-8.71%final price
LMTfive days earlier-9.31%final price
NOCthree days earlier-2.17%final price
NOCfive days earlier-7.45%final price
RTXthree days earlier+0.33%final price
RTXfive days earlier+0.57%final price

Trades by members of Congress and officials in the stocks in this story

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).

How solid “LIG D&A sanctions threaten $92 million counterdrone project” looks

12 out of 100

“LIG D&A sanctions threaten $92 million counterdrone project” scores 12 out of 100. The score uses 1 sources.