Arms firms across Europe worth billions more amid talk of Ukraine defence pact
Talks of a European defence pact to back a Russia-Ukraine peace deal have boosted military supply companies across the continent. Weapons companies' share prices surged across Europe and the UK's benchmark stock index reached a record high amid talk of increased defence spending.
Europeans would need to ramp up military spending quickly, a notion that has set off a market rally, led by defense stocks.
A Goldman Sachs Group basket of European defence stocks rose as much as 16% to a fresh record, extending its year-to-date ...
Rheinmetall, Europe's top ammunition maker, intends to repurpose two of its automotive plants in Germany to mostly make ...
Israel and Ukraine both purchase weaponry from Rheinmetall's South African facility. The US Department of Defense recently announced that South Africa is a member of the Ukraine Defence Contact ...
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British Prime Minister Keir Starmer has told leaders gathered Sunday for a summit on the war in Ukraine that they need to ...
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