European defense stocks soar amid re-armament talk

MILAN — Amid a widening trans-Atlantic rift and prospects of a major re-armament across Europe, the stock value of several European defense companies surged to record highs on Monday. European leaders held an emergency meeting in London on March 2 to discuss the...

Germany’s likely next government seeks higher defense spending

BERLIN (AP) — The prospective partners in Germany’s next government said Tuesday they will seek to loosen the nation’s rules on running up debt to allow for higher defense spending, an issue of growing urgency as doubts increase about the United States’ commitment to...

Israeli firms want a piece of the US cruise missile market

JERUSALEM — Two Israeli companies announced last weekend the establishment of defense factories in the United States that are planned to produce jet and rocket engines for the U.S. military market. The first to announce the move was Israeli public company Bet Shemesh...

EU pitches plan to free up €800 billion for defense spending

PARIS — The European Commission, the executive arm of the European Union, proposed a plan that could free up around €800 billion ($841 billion) in defense spending over the next four years, as the continent prepares to face Russian aggression and help Ukraine to...