European defense stocks:
Pan-European:
Airbus, [NL0000235190]
(https://live.euronext.com/en/product/equities/NL0000235190-XPAR)
France:
Safran, FR0000073272
Dassault Aviation, FR0014004L86
Thales, FR0000121329
United Kingdom:
BAE Systems, GB0002634946
Rolls-Royce Holdings, GB00B63H8491
Melrose Industries, GB00BNGDN821
Germany:
Rheinmetall, DE0007030009
Hensoldt, DE000HAG0005
MTU Aero Engines, DE000A0D9PT0
Italy:
Leonardo, IT0003856405
Sweden:
Saab, SE0021921269
Norway:
Kongsberg Gruppen, NO0003043309
Spain:
Indra Sistemas, ES0118594417
Posted this already yesterday but yeah…
All US weapons systems have become unreliable or outright dangerous in an instant.
They said that a US administration could put restrictions on kit (read equipment) from the US and that if countries are “deemed not to be doing what you are told you will suddenly find out missiles won’t fire and planes won’t fly. You have got to be careful.”
Which means they could switch off all the weapons they sold to Ukraine.
Which is why investors assume that EU based weapons manufacturers (like Rheinmetall) will have a lot of customers soon.
I assume they’ll also be finding ways to switch that shit off.
You can’t trust America anymore!
nice summary. I’m thinking investing in either rheinmetal, dassault, airbus or saab for starters…
Keep mind that even these manufacturers are not “strictly” European. Used to work at a subcontractor making aerospace chips for BAE in Tennessee.
