Geopolitics Alpha

Rheinmetall shares plunge 17% after profit warning over order delays

Published . Updated .

Key takeaways

  • Exposed: ITA, XAR, LMT, RTX, NOC
  • Market reaction: price tracking starts with the next trading session.

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GEOPOLITICS ALPHARheinmetall shares plunge 17%after profit warning over orderdelaysRNMBYGEOPOLITICS ALPHA

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 “rheinmetall” (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 “rheinmetall” (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 “rheinmetall” (defense) in this story.

  • RTX Rtx+5.4% 11d

    Rtx (aircraft engines and engine parts): defense contractors gain when military spending rises. Linked by “rheinmetall” (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 “rheinmetall” (defense) in this story.

  • GD General Dynamics+9.0% 30d

    General Dynamics (ship and boat building and repairing): defense contractors gain when military spending rises. Linked by “rheinmetall” (defense) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
RNMBYNon-US listing (OTC); price checks may stay empty———————
ITA+0.76%+0.87%baseafter closeafter closeafter closeafter close
XAR+4.35%+2.37%baseafter closeafter closeafter closeafter close
LMT+8.23%+8.15%baseafter closeafter closeafter closeafter close
RTX+0.58%+2.19%baseafter closeafter closeafter closeafter close
NOC+7.07%+5.76%baseafter closeafter closeafter closeafter close
GD+1.75%+2.36%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.

Rheinmetall shares plunge 17% after profit warning over order delays Euronews.com

Source: euronews.com

The price since 5 Nov 2026: IShares U.S. Aerospace & Defense ETF (ITA) versus the S&P 500

CompanyWhenMoveStatus
General Dynamics (GD)three days earlier+2.36%final price
General Dynamics (GD)five days earlier+1.75%final price
IShares U.S. Aerospace & Defense ETF (ITA)three days earlier+0.87%final price
IShares U.S. Aerospace & Defense ETF (ITA)five days earlier+0.76%final price
Lockheed Martin (LMT)three days earlier+8.15%final price
Lockheed Martin (LMT)five days earlier+8.23%final price
Northrop Grumman (NOC)three days earlier+5.76%final price
Northrop Grumman (NOC)five days earlier+7.07%final price
Rtx (RTX)three days earlier+2.19%final price
Rtx (RTX)five days earlier+0.58%final price
Spdr Series Trust (XAR)three days earlier+2.37%final price
Spdr Series Trust (XAR)five days earlier+4.35%final price

Congressional trades in IShares U.S. Aerospace & Defense ETF (ITA) around 5 Nov 2026

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 carried with this story

  • ITA IShares U.S. Aerospace & Defense ETF

    For “Rheinmetall shares plunge 17% after profit warning over order 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 “rheinmetall” (defense) in this story

  • XAR Spdr Series Trust

    Spdr Series Trust (XAR) is linked, with no stored direction, medium confidence in the 5 Nov 2026 story “Rheinmetall shares plunge 17% after profit warning over order delays.” Reason on file: SPDR S&P Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “rheinmetall” (defense) in this story

  • LMT Lockheed Martin

    For “Rheinmetall shares plunge 17% after profit warning over order delays,” Lockheed Martin (LMT) is linked, with no stored direction, medium confidence. Reason on file: Lockheed Martin (guided missiles and space vehicles and parts): defense contractors gain when military spending rises. Linked by “rheinmetall” (defense) in this story

  • RTX Rtx

    Rtx (RTX) is linked, with no stored direction, medium confidence in the 5 Nov 2026 story “Rheinmetall shares plunge 17% after profit warning over order delays.” Reason on file: Rtx (aircraft engines and engine parts): defense contractors gain when military spending rises. Linked by “rheinmetall” (defense) in this story

  • NOC Northrop Grumman

    In “Rheinmetall shares plunge 17% after profit warning over order 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 “rheinmetall” (defense) in this story

  • GD General Dynamics

    In “Rheinmetall shares plunge 17% after profit warning over order delays,” General Dynamics (GD) is linked, with no stored direction, medium confidence. Reason on file: General Dynamics (ship and boat building and repairing): defense contractors gain when military spending rises. Linked by “rheinmetall” (defense) in this story

IShares U.S. Aerospace & Defense ETF (ITA)

IShares U.S. Aerospace & Defense ETF (ITA) is the company in “Rheinmetall shares plunge 17% after profit warning over order delays,” the 5 Nov 2026 this story 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 “rheinmetall” (defense) in this story

Also listed, Spdr Series Trust (XAR): SPDR S&P Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “rheinmetall” (defense) in this story

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

ITA traded between 197.59 and 218.73 across 20 sessions. The latest close on file is 216.38. LMT traded between 497.32 and 656.35 across 20 sessions. The latest close on file is 639.35. XAR traded between 210.89 and 237.55 across 20 sessions. The latest close on file is 231.04.

How strong the case is around IShares U.S. Aerospace & Defense ETF (ITA)

46 out of 100

“Rheinmetall shares plunge 17% after profit warning over order delays” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.