European defence groups look to flotations as they chase market rally
Stoxx Europe aerospace and defence index has more than tripled since 2022, with more than half of that rise coming this year
Stoxx Europe aerospace and defence index has more than tripled since 2022, with more than half of that rise coming this year

Sector increases investment and rewards investors after surge in global military spending following Ukraine war

Industry executives say key aim is to secure European funding as well as contracts with governments

Sector has jumped nearly 15% this month as investors bet domestic military spending will have to keep rising

The growth profile for the sector has brightened as Europe’s governments prepare to spend more on protection

Trend reverses prior hesitance over arms investments because of slow growth and perceived conflict with ESG standards

Tech groups such as Quantum are winning investor support in Europe, boosting the region’s venture capital industry