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The shares of European Defense Companies led by Germany’s Rhythm on Monday, as investors bet that governments across the region will invest more in their own protection.
In Frankfurt, the rhythm of the initial business has increased by 9 percent, the BAE systems have increased by 5 percent in London and Thales rises to 4 percent in Paris. Stroxx Europe Space and defense The index has reached its highest level for more than 30 years.
European leaders gathered in Paris on how to respond to US President Donald Trump Decide to start the discussion Russia’s Vladimir Putin ends the Ukraine war.
Since returning to the White House, Trump has increased their defense expenses on European allies to increase the NATO target of 2 percent of GDP, 5 percent floating as a new target – which is currently just closer to reach Poland.
Veteran politicians across Europe are committed to spending more on defense in recent days.
Talking to Reuters on Friday, Rhythle’s chief executive Armin Pappergar said the company would increase more than previous expectations.
In an interview with the Financial Times this month, Pappergar said: “It takes shape to be able to play in the same league as the American Arms companies. The The We need weapons production on an industrial scale to meet high demand in Europe – this is also called politicians. “
About three years ago, European investors were warned about supporting the defense sector because of moral anxiety until a full-fledged attack in Ukraine, Russia.
