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European Defense Stocks: The Defense Boom Has Just Begun – Rheinmetall and Co in Soaring Heights!

L. Kulikov
Reading Time: 3 minutes

The European defense industry is experiencing a remarkable upturn. Geopolitical tensions, particularly the Ukraine conflict, have led to a fundamental rethink in European security policy. The recent Munich Security Conference sent a clear signal: NATO Secretary General Mark Rutte announced that the new spending target will be "well above 3%" of GDP - a significant increase from the previous target of 2%. The EU Commission under Ursula von der Leyen also plans to massively increase the defense spending of EU member states. Currently, the 27 EU...

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