DefenseNews

European arms industry growth to beat 10% a year, Redburn forecasts

PARIS — European defense companies may grow their revenue from European customers by an average 10.5% to 11.5% a year for the next decade, as most countries commit to NATO’s 2035 spending targets, financial research firm Rothschild & Co. Redburn said. The fastest growth will continue to be in countries that have underspent historically, such as Germany, or in parts of Europe…
Read more