Mediobanca Report on Defense Industry Boom

Italian investment bank Mediobanca published a report on the defense industry, according to which in the first three months of 2024, defense stocks have increased in value by 22%, three times as much as global stock market indexes. European defense contractors performed even better, with 42%. In 90 days, Rheinmetall has almost doubled its stock value (+82%), Hensoldt also made +80%, Saab and Leonardo +56%.