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Shares of Rheinmetall, Germany's largest defense company, rose about 3% on Wednesday as geopolitical tensions between NATO and Russia intensified and the company announced a major expansion of its production facilities.

Rheinmetall received approximately €6.2 billion worth of supplies during the second quarter of 2026 to feed its accelerating defense production expansion, a stockpiling effort that drove operating free cash flow to negative €1.33 billion but secured the materials needed to…

BAE Systems on Thursday raised its full-year 2026 outlook after reporting an 11% increase in first-half profits, while German rival Rheinmetall posted preliminary second-quarter results that blew past analyst expectations, underscoring the windfall flowing to Europe's defense sector as governments…

European defense stocks fell sharply on Wednesday, with Rheinmetall dropping nearly 5% and the broader sector retreating as investors digested results from the NATO summit in Ankara without finding the catalysts they had hoped for. The selloff came weeks after…