Swedish defense company Saab beat earnings expectations in the second quarter, as booming demand for military equipment propelled the fighter jet maker to another quarter of record orders backlog. Shares rose as much as 4.5% in early trading in Stockholm, while other major European defense names were in the red. New order bookings in the…
After years of surging military budgets, emergency Ukraine spending and soaring defense stocks, Europe’s rearmament push must now prove it can turn hundreds of billions of euros into weapons, factories and usable military capability. The question for investors no longer seems to be one of defense demand or political ambition, but whether valuations have run…
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…
US President Donald Trump speaks during a healthcare affordability event in the South Court Auditorium of The White House in Washington, DC, on May 18, 2026. Kent Nishimura | AFP | Getty Images LONDON — European stocks opened broadly higher on Tuesday as traders assess the geopolitical landscape and developments in the Middle East. By…
A stock trader looks at his monitors in the trading room of the Frankfurt Stock Exchange. Worries about a new coronavirus mutation in southern Africa have dealt a major blow to the German stock market. Arne Dedert | Picture Alliance | Getty Images LONDON — European stocks are expected to open in negative territory on…
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 jetfighter takes part in the NATO exercise as part of the NATO Air Policing mission, in Alliance members’ sovereign airspace on July 4, 2023. John Thys | Afp | Getty Images Shares of Swedish defense giant Saab jumped on Friday morning, after the company reported stronger-than-expected profit and sales…
