Europe
European Defense Stocks Trade Up on Expectations of Increased Military Spending
European defense stocks trade up due to investors’ expectations of increased military spending.
• Germany is expected to lead with a special defense spending budget of up to 200 billion euros.
• Rising military spending in Europe is a major investment theme, complemented by massive spending in technology and industry.
• Rheinmetall in Germany, BAE systems in the UK, Leonardo in Italy, and Thales in France all trade up.
