European Defense Stocks Rise After Report of Massive German Orders -- Market Talk

Dow Jones12-09

0828 GMT - European defense stocks rose on Tuesday early morning trading, following a Bloomberg article that said Germany is set to approve orders worth 52 billion euros next week. The package will include 29 orders, for items including basic gear and clothing, Puma infantry vehicles, air-defense missiles and launchers, and surveillance satellites, according to the report. Jefferies analysts see Rheinmetall, which rises 3.3% on Tuesday, benefiting the most. German defense companies Renk Group and Hensoldt gain 4.9% and 4.8% respectively. Sweden's Saab rises 2%, while the U.K.'s BAE Systems and Babcock International increase 1.6%. In France, Dassault Aviation and Thales are up 1.7% and 1.6% respectively. In Italy, Leonardo advances 1.4%. (cristina.gallardo@wsj.com)

 

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December 09, 2025 03:30 ET (08:30 GMT)

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