Geopolitics Alpha

Next 5 VCs judging Startup Battlefield 200 contenders at TechCrunch Disrupt 2026

Published . Updated .

Thousands of applications. Multiple rounds of review. Hundreds of hours spent evaluating startups from around the world. Now comes the part everyone has been waiting for. Register for TechCrunch Disrupt 2026 today.

Directly affected

  • No company is named in this report.

Indirectly affected

  • LMT Lockheed Martin

    Defense contractors get more work when conflict spending rises

  • RTX RTX

    Defense contractors get more work when conflict spending rises

  • NOC Northrop Grumman

    Defense contractors get more work when conflict spending rises

  • GD General Dynamics

    Defense contractors get more work when conflict spending rises

  • ITA iShares U.S. Aerospace & Defense

    A fund of aerospace and defense companies

  • BA Boeing

    Defense and aerospace orders move with conflict spending

  • LHX L3Harris

    Defense contractors get more work when conflict spending rises

  • HII Huntington Ingalls

    Shipyards benefit when naval spending rises

  • PPA INVESCO AEROSPACE & DEFENSE ETF

    GA selected PPA as a RELATED security because its canonical security name directly matches this event's themes: defense. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • WAR U.S. GLOBAL TECHNOLOGY AND AEROSPACE & DEFENSE ETF

    GA selected WAR as a RELATED security because its canonical security name directly matches this event's themes: defense. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
LMT———————
RTX———————
NOC———————
GD———————
ITA———————
BA———————
LHX———————
HII———————
PPA———————
WAR———————

IShares U.S. Aerospace & Defense ETF (ITA) compared with industrial stocks (XLI) since 28 Sep 2026

Since the first closing price after “Next 5 VCs judging Startup Battlefield 200 contenders at TechCrunch Disrupt 2026,” IShares U.S. Aerospace & Defense ETF (ITA) is -0.77%. The S&P 500 fund (SPY) is +0.29% over the same days, a -1.06% difference versus the market. industrial stocks (XLI) is -1.43%, a +0.66% difference versus that group of stocks.

ITA
SPY
XLI

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

    IShares U.S. Aerospace & Defense ETF (ITA) is linked, with no stored direction, medium confidence in the 28 Sep 2026 story “Next 5 VCs judging Startup Battlefield 200 contenders at TechCrunch Disrupt 2026.” Reason on file: GA selected ITA as a RELATED security because its canonical security name directly matches this event's themes: defense. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • PPA Invesco Aerospace & Defense Etf

    In “Next 5 VCs judging Startup Battlefield 200 contenders at TechCrunch Disrupt 2026,” Invesco Aerospace & Defense Etf (PPA) is linked, with no stored direction, medium confidence. Reason on file: GA selected PPA as a RELATED security because its canonical security name directly matches this event's themes: defense. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • WAR U.S. Global Technology And Aerospace & Defense Etf

    In “Next 5 VCs judging Startup Battlefield 200 contenders at TechCrunch Disrupt 2026,” U.S. Global Technology And Aerospace & Defense Etf (WAR) is linked, with no stored direction, medium confidence. Reason on file: GA selected WAR as a RELATED security because its canonical security name directly matches this event's themes: defense. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

How defense news reaches IShares U.S. Aerospace & Defense ETF (ITA)

On 28 Sep 2026, “Next 5 VCs judging Startup Battlefield 200 contenders at TechCrunch Disrupt 2026” is the story that connects IShares U.S. Aerospace & Defense ETF (ITA) to Defense.

The link for IShares U.S. Aerospace & Defense ETF (ITA) is this: GA selected ITA as a RELATED security because its canonical security name directly matches this event's themes: defense. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

A second company, Invesco Aerospace & Defense Etf (PPA), is listed for a different reason: GA selected PPA as a RELATED security because its canonical security name directly matches this event's themes: defense. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

The price range for IShares U.S. Aerospace & Defense ETF (ITA), and the dates in the story

ITA traded between 201.08 and 217.79 across 20 sessions. The latest close on file is 207.60. PPA traded between 151.56 and 162.12 across 20 sessions. The latest close on file is 156.07. WAR traded between 27.98 and 32.67 across 18 sessions. The latest close on file is 28.45.

How solid the defense case looks

50 out of 100

“Next 5 VCs judging Startup Battlefield 200 contenders at TechCrunch Disrupt 2026” scores 50 out of 100. The score uses 3 linked companies.