Live tracker
Updated 2 Nov 2026How the defence complex reprices on escalation
Mean scored impact per ticker across every claim in this story, next to how many claims mention it. Open a ticker for its own board.
Scored claims per month over the life of the story — the shape of the escalation, not a snapshot of it.
The highest-impact scored claims across the whole story, newest wording kept when a development was reported many times. Each is dated — an old number is not a current one.
The FY27 defense budget nearly doubles Research & Procurement spend, with F-35 up 62%, PAC-3/MSE up 8x, and THAAD up 9x.
The U.S. announced it will begin a naval blockade of Iranian ports starting Monday, cutting off Iran's oil shipments through the Strait of Hormuz.
The most recent scored claims on this story, in the order they landed.
Ryanair could face a €2 billion increase in its fuel bill next year if the Middle East conflict persists and hedges roll off.
Lockheed Martin reported a book-to-bill ratio of 4.0, with $83 billion in new orders against $20.7 billion in sales.
New coverage joins automatically as it is scored — this list is the live membership of the topic, not a snapshot.
Coverage and impact disagree: LMT draws the most claims (335) at +0.23, while HII scores highest at +0.47 on just 30. Being talked about most is not the same as being moved most.
Coverage peaked in Jul 2026 at 70 scored claims. Column height is claim volume; colour is the mean scored impact of that month — green where the month read positive for these names, red where it read negative. A tall red column is a busy month that went against them.
Iran's new supreme leader declared the Strait of Hormuz should remain closed as a tool to pressure the enemy and warned all U.S. military bases in the Middle East will be attacked.
President Trump's fiscal 2027 budget requests $1.5 trillion in defense spending, representing a roughly 40% year-over-year increase.
Iran warned that oil prices could climb to $200 a barrel, accusing the U.S. of destabilizing regional security.
President Trump has proposed increasing the 2027 Military Budget to $1.5 trillion, up from the requested $756.8 billion.
The U.S.-Iran ceasefire broke down over the weekend after a 21-hour negotiating session in Islamabad collapsed.
GE Aerospace secured a $5 billion contract from the U.S. Air Force to supply F110 engines, parts, and support services under a Foreign Military Sales program.
Northrop Grumman was competitively awarded the U.S. Marine Corps' MUX TACAIR Collaborative Combat Aircraft (CCA) program, integrating Kratos' Valkyrie uncrewed aerial system.
Lockheed Martin holds a record $179 billion backlog.
Lockheed Martin aims to increase annual deliveries of PAC-3 interceptors to 2,000 units by 2030, up from 620 last year.
Joby Aviation is acquiring defense specialist Resonant Sciences in a $500 million all-cash deal.
Lockheed Martin's total order backlog rose to $292 billion in the third quarter from $194 billion at the start of the year.
The Missiles and Fire Control (MFC) segment backlog increased by $95.867 billion to reach $142.517 billion by the end of September 2026.
Boeing reported a record total backlog of $745.4 billion, including $100.5 billion in defense.
GE Aerospace's commercial equipment orders increased 235%, contributing to a total backlog of $170 billion.
