Defense stocks plummeted on Wednesday after a report that Germany will abandon plans to build six warships, fuelling investor fears that the boost to defense contractors from increased government spending may not fully materialize. Berlin is planning to scrap a multi-billion-euro project to build the F126 frigates, according to the Financial Times, citing two people…
People visit a Lockheed Martin booth displaying a model of a military transport plane during an arms fair, in Hanoi, Vietnam, on Dec. 19, 2024. Khanh Vu | Reuters Global defense stocks jumped early Monday as investors reacted to a dramatic military escalation in the Middle East over the weekend. The sector was a rare…
Young people with placards reading “Greenland is not for sale!” take part in a demonstration that gathered almost a third of the city population to protest against the US President’s plans to take Greenland, on January 17, 2026 in Nuuk, Greenland, near the US Consulate to Greenland. Alessandro Rampazzo | Afp | Getty Images LONDON…
Global defense stocks rallied on Thursday, extending gains after U.S. President Donald Trump called for a $1.5 trillion defense budget in 2027. “After the long and difficult negotiations with Senators, Congressmen, Secretaries, and other Political Representatives, I have determined that, for the Good of our Country, especially in these very troubled and dangerous times, our…
LONDON — European stocks were in negative territory at the opening bell on Thursday, though defense stocks rallied over Donald Trump’s call for U.S. military spending to rise. The pan-European Stoxx 600 was last seen almost 0.2% lower at 9:54 a.m. in London (4:54 a.m. ET). Global markets have been focused on rising geopolitical tensions…
A Rheinmetall MAN Military Vehicle on Nov. 20, 2024, in Donetsk Oblast, Ukraine. Yan Dobronosov | Global Images Ukraine | Getty Images European defense stocks fell on Monday as Ukraine and the U.S. made progress on peace proposals over the weekend. The Stoxx Europe Aerospace and Defense index was 0.8% lower at the start of the…
A Swedish Air Force Saab JAS 39 Gripen jet fighter takes off during the NATO’s Ramsteign Flag 2025 exercice at Leeuwarden Air Base on April 8, 2025. John Thys | Afp | Getty Images Global defense stocks moved higher on Wednesday after U.S. President Donald Trump, in a major rhetorical shift, said Ukraine could retake…
