The global defense industry set a new revenue record of $679 billion, led by European growth highlighted by Germany’s Rheinmetall and a steep rise in employment according to SIPRI and ASD.Recent declines in European defense stocks followed peace deal headlines between Russia and Ukraine and diplomatic efforts by Donald Trump, with major drops for Rheinmetall and Hensoldt.Analysts like
Loredana Muharremi and
Adrien Rabier attribute the stock volatility to short-term developments, maintaining expectations for continued European rearmament and robust company outlooks.