Thanks to the new Trump, the operation of the European defense and aerospace industry collapses.
The German Rheinmetall AG fell into a price of 27% – this is the most daily fall in the history of the company. Subsequently, the situation was stabilized, but the fall is still about 7%. The actions of the French Thales Sa, the German Hensoldt AG and the Italian spa -Salon Leonardo also collapsed.
According to Bloomberg, the defense industry has become the largest beneficiary this year, since European countries promised to increase their expenses from Trump’s demands.
Airbus sections of aircraft and Rolls-Royce Holdings PLC lost up to 14%before stabilized a little. In addition, as Reuters wrote, American Howmet Aerospace Inc. – Supplier of parts for Airbus and Boeing Co. – He announced the power -master after the duties were announced and stated that some deliveries could be stopped.
Howmet made a chess move. There is only one nut or bolt to stop the supply chain in the aerospace and defense industry, ”Jefferi analysts write.
This year, the defense became the greatest increase, because European countries promised to spend more on safety from fears that the United States will be able to violate their security obligations on the continent. Goldman Sachs Group Inc. Goldman Sachs Goldman Sachis Cart. It has still increased by almost 50% compared to the year.
Goldman basket is estimated at 26 times more income expected in a year, compared with 18 times at the beginning of this year. This figure was about eight times before Russia’s invasion of Ukraine in 2022.
Hope was faced with reality for the defensive sphere in Europe, ”said Chris Boshamp, chief analyst Market Group. An increase in the cost of defense has not yet occurred, and now we are in a situation of selling shares as a whole.
Source: Racurs
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.