Stocks of European defense companies surged sharply.
03.06.2025
782

Journalist
Shostal Oleksandr
03.06.2025
782

Stocks of European military companies soared after an important announcement from the United Kingdom. There was positive momentum here and there: Babcock International Group Plc saw a 6% increase, while Renk Group AG, Rheinmetall AG, and Hensoldt AG also added value to their stocks.
The UK's plans for investments in nuclear weapons and new submarines have helped boost the stocks of defense companies. This indicates a general increase in defense spending in Europe amid geopolitical turbulence and the demands from NATO partners for increased military budgets.
Growth of stock values and defense spending in Europe
This movement in the stock markets reflects a general trend of increasing military expenditures in Europe, driven by geopolitical difficulties and pressure on NATO member countries.
Read also
- Ukrainian startup Manus challenges OpenAI
- The temperature will rise to +30, but there is a catch: meteorologist Didenko warned about a change in the weather
- In Kyiv, mobilized individuals rebelled against the TCC: police and special forces were deployed
- Strong and Cool: Trump Evaluates Ukraine's Drone Attack on Russian Air Bases
- Thailand chooses Swedish Gripen fighters over American F-16s
- Kazakh oil and gas company considers issuing bonds in yuan