To The Moon

Palestinian militant Hamas launched a large-scale raid on Israel on Saturday, and Israel immediately launched air strikes on Hamas strongholds.

The Israeli government stated on Sunday that the death toll in Israel has exceeded 600, with more than 100 people taken hostage, and more than 2,000 people injured. The health department of the Gaza Strip said that at least 370 people in Gaza have been killed and 2,200 injured.

US President Biden ordered "additional assistance" to Israel. As the United States began to provide new ammunition and equipment military assistance to Israel on Sunday (October 8), the U.S. Department of Defense dispatched the most advanced nuclear-powered aircraft carrier USS Ford strike group to the Mediterranean waters close to Israel to prepare to help defend Israel.

U.S. Defense Secretary Austin said in a statement on Sunday that the first batch of military aid "will begin shipping on the 8th and will arrive in the next few days."

• The U.S. aircraft carrier fleet led by the U.S. nuclear-powered aircraft carrier USS Gerald Ford has been ordered to head to the Eastern Mediterranean. The carrier fleet appeared in the Ionian Sea south of the Adriatic in early October, according to the U.S. Navy.

• After discussing with President Biden, it was decided to dispatch troops to strengthen deterrence in the region. The USS Ford aircraft carrier, a guided missile cruiser and four guided missile destroyers will be dispatched, as well as additional fighter aircraft.

• The U.S. government will quickly provide additional equipment and resources, including ammunition, to the Israeli military.

• The U.S. Air Force has also increased its fighter jet deployment in the region.

Austin claimed that the above actions have strengthened the military deployment of the US military in the region. He further pointed out that "the United States maintains a standby status of troops stationed around the world to strengthen deterrence when necessary."

Special Moves on Military and Defense Stocks

Based on the recent news: Some Military Stocks Jump on Israel-Hamas War: $Raytheon Technologies Corporation(RTX)$ , $Boeing(BA)$ , $Lockheed Martin(LMT)$ , $Northrop Grumman(NOC)$ , $General Dynamics Corp(GD)$ , $Textron(TXT)$

And the Israeli Drone Safety Technology Company $ParaZero Technologies Ltd(PRZO)$ Surges 27%

The www.fool.com/ named 6 defense stocks to buy in September：

$Lockheed Martin(LMT)$ is the world's largest defense company and the U.S. government’s biggest contractor. It’s the lead contractor on the F-35 Joint Strike Fighter, the world’s most expensive airplane.

$Boeing(BA)$ is best known for its commercial airplanes, but its defense business is large enough to rank among the industry’s titans.

$General Dynamics Corp(GD)$ is one of two primary military shipbuilders and has a portfolio of tanks and land vehicles that makes it one of the go-to vendors for the U.S. Army

$Raytheon Technologies Corporation(RTX)$ doesn't make warships or fighters, but it has a role in a wide range of important military platforms led by other contractors.

$Leidos(LDOS)$ is the largest government information technology (IT) company.

Defense ETFs to Watch

There are three primary ETFs are focused on defense, this is easier If you are bullish on defense but would rather not choose among individual companies:

$Invesco Aerospace & Defense ETF(PPA)$ , $SPDR S&P Aerospace & Defense ETF(XAR)$ , $iShares U.S. Aerospace & Defense ETF(ITA)$