Big Growth for Aerospace Stocks, ETFs

Several aerospace and defense exchange traded funds raced to record highs Monday following reports that Northrop Grumman Corp. agreed to buy Orbital ATK Inc. for $7.8 billion, but there are more catalysts ahead for these ETFs, which are already among this year’s best-performing industry funds. The iShares U.S. Aerospace & Defense ETF (BATS: ITA), the [...]Click to read more at