The rally was led by German arms manufacturer Rheinmetall, which jumped 14% in Frankfurt, while UK-based BAE Systems soared 16% in London and Italy’s Leonardo climbed 10% in Milan. Rolls Royce was up 5.7%. The stock surge followed reports that Germany ...
The value of European defence stocks has risen by more than £100bn this year as the Continent races to rearm. An index tracking the biggest European munitions firms – including BAE Systems in the UK, Rheinmetall in Germany and Leonardo in Italy – has risen 34 per cent since January.
Shares in BAE Systems, Rheinmetall and Leonardo all added to strong gains this year on Monday amid expectations of rising European defense spending.
Yet leaders who gathered in London on Sunday have a consolation of sorts: the pressure to rapidly rearm gives them cover to hike taxes.
Shares in Germany's Rheinmetall have soared 57% this year, while BAE Systems is up 17% and France's Thales has gained 22%.
Stay updated and discover 3 must-buy defense stocks, each surging in March 2025 amid Europe’s military spending boom.
German defence companies seeking more capacity as Europe prepares to raise military spending are eyeing the ailing car industry, the first sign of a shift that could help revive the continent's biggest economy after two years of contraction.
This year’s fierce rally in European defense stocks found new legs Monday after leaders on the continent met over the weekend to forge a peace plan for Ukraine, during
The stock has soared more than 1,300% since 2019, valuing Rheinmetall at 48 billion euros. BAE Systems Shares in London-listed aerospace and defense company BAE Systems soared more than 18% in a ...
FRANKFURT - German defence companies seeking more capacity as Europe prepares to raise military spending are eyeing the ailing car industry, the first sign of a shift that could help revive the continent's biggest economy after two years of contraction.
European defense stocks surged on Monday after leaders met with Zelenskyy in London. Ukraine's president left Washington on Friday without a minerals deal after clashing with Trump. Rheinmetall ...
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