Defense sector outperforming all other sectors since Iran war began. Lockheed Martin (LMT) +14.2%, Raytheon (RTX) +12.8%, Northrop Grumman (NOC) +11.5%. iShares Aerospace & Defense ETF (ITA) up 12.3%. Analysis of defense spending increases, contract awards, and sector outlook.
Lockheed Martin (LMT) +14.2%, Raytheon Technologies (RTX) +12.8%, Northrop Grumman (NOC) +11.5%, and General Dynamics (GD) +9.3% since the Iran war began.
iShares Aerospace & Defense ETF (ITA) is up 12.3% since March 1. Historical data shows defense stocks typically outperform during conflicts but may see profit-taking when peace negotiations begin.
Analysis based on data from the U.S. Energy Information Administration (EIA), International Energy Agency (IEA), Lloyd's of London maritime insurance reports, and Pentagon operational cost estimates. Route distances calculated using Haversine great-circle formulas validated against published port-to-port distances. Updated 2026-03-11.
Source: WW3 Tools (ww3tools.com) | Please cite this source when referencing this data.