Stocks / ETF
ITAETF
iShares U.S. Aerospace & Defense ETF
$213.881d -0.6%5d -2.0%settled close · 2026-09-17
β 0.8752w $213–253Shares 60.2MCboe BZX since 2006
The tape, with the calls on it
Who said what, and what ITA did next
Every dot is a day someone on the record made a call. Hover one to see who. We are not scoring them — the point is that you can see it and judge for yourself.
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Who’s talkingIdea Scout · free
Who’s talking about ITA
37 long3 shortlatest 2026-09-04
| Date | Voice | Stance | Venue | Thesis |
|---|---|---|---|---|
| 2026-09-04 | Cathie WoodCEO & CIO, ARK Invest | Bullish | ARK Invest | Non-defense capital goods ex-aircraft has broken out of a 20-year range since the ChatGPT moment, with… |
| 2026-07-11 | Admiral Daryl CaldwellChief of Naval Operations, U.S. Navy | Bullish | Bloomberg Television | Congressional mandate requires 355 warships vs ~300 today, the current presidential budget is specifically… |
| 2026-07-07 | Anna Macdonald | Bullish | Bloomberg Television | NATO-mandated spending commitments guarantee defense budget growth across member states, creating a… |
| 2026-06-19 | Michael ZezasHead of US Public Policy Research, Morgan Stanley | Bullish | The Compound | Europe is re-industrializing for defense and supply-chain autonomy while also being a 'sneaky AI beneficiary'… |
| 2026-06-18 | Brent JohnsonCEO, Santiago Capital | Bullish | Macro Voices | Deglobalization and rising nationalism mean every country will be forced to rearm regardless of fiscal… |
| 2026-06-01 | Reza BundyCEO, Atlas Capital Team | Bullish | Nouriel Roubini | Defense stocks exhibit negative correlation to the dollar and rise during geopolitical escalation events… |
| 2026-05-29 | Jamie DimonChairman & CEO, JPMorgan Chase | Bullish | DRM News | Global remilitarization is a secular decade-long trend driving demand for drones, missiles, and defense… |
| 2026-05-28 | Dan LoebFounder/CEO, Third Point | Bearish | Invest Like The Best | European companies dependent on the local economy face structural headwinds from regulatory environment and a… |
| 2026-04-30 | Kyle BassFounder/CIO, Hayman Capital | Bullish | CNBC Television | US defense budget is set to increase ~50% toward 4.5% of GDP, and Europe is being forced to fund its own… |
| 2026-04-22 | Daniel YerginVice Chairman, S&P Global | Bullish | Odd Lots | Drone warfare has proven that cheap asymmetric capability can challenge the mightiest military, forcing Gulf… |
Show all 40 mentions
| Date | Voice | Stance | Venue | Thesis |
|---|---|---|---|---|
| 2026-04-21 | Tony Bancroft | Bullish | Bloomberg The Close | Decades of under-investment in defense — federal budget share roughly half Cold War levels — combined with… |
| 2026-04-20 | Rupert | Bullish | Jim Chanos | Drone warfare gives defenders a structural advantage (Risk analogy: a third die) making cheap precision… |
| 2026-04-13 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | Tom Lee | Rising geopolitical conflict is accelerating sovereign security spending globally, making defense-oriented… |
| 2026-03-05 | David RosenbergEconomist — Rosenberg Research | Bullish | Adam Taggart | Thoughtful Money® | The US-Iran conflict is a direct structural tailwind for defense, which has been one of the few equity… |
| 2026-02-18 | Nouriel RoubiniEconomist; professor emeritus, NYU Stern | Bullish | Bloomberg Television | Multiple distinct technology verticals (semiconductors, robotic automation, quantum, fusion, defense tech… |
| 2025-12-29 | Stanley DruckenmillerChairman/CEO, Duquesne Family Office | Bullish | Boardroom Billions | A post-Cold War era of defense neglect is over as Russia's Ukraine invasion and China's military buildup… |
| 2025-12-12 | Nouriel RoubiniEconomist; professor emeritus, NYU Stern | Bullish | Beryl Elites | Geopolitical fragmentation is driving a global defense spending boom while modern warfare has structurally… |
| 2025-11-18 | Jim Lebenthal (Cerity)Partner, Cerity Partners | Bullish | CNBC Halftime Final Trades | Lockheed Martin is a buy on the strength of the F-35 program, which represents best-in-class air superiority |
| 2025-10-22 | Luke GromenMacro strategist — founder, FFTT | Bearish | ForexAnalytix | China will permanently halt military rare earth exports to the US, and markets have not priced in the 5–10… |
| 2025-10-08 | Michael HowellLiquidity strategist — CrossBorder Capital | Bullish | Wealthion | Treasury QE is channeling government spending into US industry including defense; rising NATO/5%-GDP defense… |
| 2025-10-03 | Kyle BassFounder/CIO, Hayman Capital | Bullish | CNBC Television | U.S. defense acquisition is shifting to a private-equity mindset under Feinberg, unlocking $200B in DoD… |
| 2025-09-04 | Kyle BassFounder/CIO, Hayman Capital | Bullish | CNBC Television | Geopolitical competition with China plus ~$300B in Big Beautiful Bill spending on rare earths, shipbuilding… |
| 2025-07-02 | Kyle BassFounder/CIO, Hayman Capital | Bullish | interview | NATO is expected to move toward 5% of GDP defense spending driven by simultaneous conflicts in Europe and the… |
| 2025-06-09 | David RosenbergEconomist — Rosenberg Research | Bullish | Wealthion | Rising geopolitical tensions are forcing even historically pacifist nations like Japan to increase military… |
| 2025-05-29 | Francis HuntFounder, The Market Sniper | Bearish | Wealthion | Defense stocks already delivered 30-40x returns on the hypermilitarization thesis, but as the US loses access… |
| 2025-05-28 | David CervantesFounder, Pinebrook Capital Management | Bullish | Forward Guidance | US security-guarantee pullback forces European rearmament (Germany, Poland, Finland) creating a secular bull… |
| 2025-05-16 | James Citrini ResearchFounder, Citrini Research | Bullish | Forward Guidance | The Big Beautiful Bill is structured as a wartime budget with massive increases in missile defense (Golden… |
| 2025-05-15 | Russell NapierMarket strategist & financial historian | Bullish | Hidden Forces | Geopolitical realignment toward a cold war with China and European rearmament is driving a secular increase… |
| 2025-05-08 | Nouriel RoubiniEconomist; professor emeritus, NYU Stern | Bullish | Bloomberg Television | The US leads in technologies of the future—AI, robotics, semis, quantum, fintech—which could raise potential… |
| 2025-03-26 | Le ShrubCIO, family office (Monaco) | Bullish | Forward Guidance | European pension funds with ESG mandates that previously excluded defense stocks are being forced to… |
| 2025-03-24 | Avi Felman | Bullish | Forward Guidance | European politicians are structurally committed to domestic defense spending regardless of US political… |
| 2024-10-03 | Chris CaseyManaging Director, WindRock Wealth Management | Bullish | Wealthion | Ukraine and Gaza wars have massively depleted NATO ammunition stockpiles — a US factory produces in a month… |
| 2024-08-27 | David RosenbergEconomist — Rosenberg Research | Bullish | Wealthion | Geopolitical tensions are not improving and defense spending visibility remains high, sustaining sector… |
| 2024-08-23 | Josh WolfeCo-founder, Lux Capital | Bullish | The Logan Bartlett Show | Persistent geopolitical threats from Iran, China, Russia, and non-state actors require sustained deterrence… |
| 2024-08-15 | Chris CaseyManaging Director, WindRock Wealth Management | Bullish | Wealthion | Defense spending is locked in regardless of who wins because programs have 10–20 year lead times and the US… |
| 2023-03-15 | Zoltan PozsarFounder, Ex Uno Plures; ex-Credit Suisse | Bullish | Resource Talks | G7 governments are dramatically increasing defense budgets (Japan targeting third-largest military, Germany… |
| 2021-12-14 | Josh WolfeCo-founder, Lux Capital | Bullish | Jesse Michels | Geopolitical competition between the US and China is structurally driving long-term demand for aerospace and… |
| 2021-10-27 | Chris DavisChairman, Davis Advisors | Bullish | Tidal Financial Group | As of late 2021, the five-year performance gap between growth (23%) and value (12%) reached historic… |
| 2021-10-19 | Jim Lebenthal (Cerity)Partner, Cerity Partners | Bullish | CNBC Halftime Final Trades | Defense and aerospace have a strong bid within industrials because no US budget cuts are coming and China's… |
| 2019-08-07 | Jim Lebenthal (Cerity)Partner, Cerity Partners | Bullish | Delivering Alpha | Northrop Grumman has good momentum as a beneficiary of defense spending in satellites, communications, and… |
1 new mention of ITA this week is in The Brief — who, which way, and what they said, in subscribers’ inboxes every morning. Free pages update a week later.
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The options tapeThe Brief · paid
Notable options days
Sessions in the last 120 where ITA’s settled options volume ran ≥ 2× its trailing 20-session baseline, or delta-dollar flow ran ≥ 2.5× — 7 of 120 sessions qualified.
The qualifying dates are the free record. Close, flow, call/LEAPS mix and the 20-session outcome — for every session below — are Brief subscriber content.
| Date | Close | RVOL | Δ$ flow ($M) | Call % | LEAPS % | +20 sess. |
|---|---|---|---|---|---|---|
| 2026-08-28 | ||||||
| 2026-08-20 | ||||||
| 2026-07-30 | ||||||
| 2026-07-29 | ||||||
| 2026-07-17 | ||||||
| 2026-07-16 | ||||||
| 2026-07-13 |
+20 sess. = raw price change over the following 20
sessions — not market-adjusted; the tape tells you where to look,
not what happens next.
Today’s tape on
ITA is in this morning’s Brief.
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