PPA is trading at $165.14 (+3.35%) in after-hours trading, primarily following U.S. approval of a potential $24.3 billion Saudi F-35 package.
- The announcement includes up to 48 F-35A fighters, benefiting Lockheed Martin and the broader defense complex while supporting expectations for stronger defense demand.
- Tensions involving Iran, the Strait of Hormuz, and energy-supply disruptions add support to defense sentiment. September 19, 2026, is a Saturday; the next regular U.S. session is September 21.