We are living in the most momentous and dangerous of times. I do not need to describe the grave nature of the threats that we face,” said Ursula von der Leyen.

European defense stocks led by Rheinmetall (RNMBY) and BAE Systems (BAESF) surged on Monday after European leaders rallied to Ukraine following

European defence company shares rose for a second day on Tuesday, after U.S. President Donald Trump paused military aid to Ukraine. The moves follow a sharp rally on Monday after the clearest sign yet Europe's leaders were racing to boost spending and help secure peace in Ukraine.

The entire sector rose sharply on Monday after the clearest sign yet Europe's leaders were racing to boost spending and help secure peace in Ukraine, and extended those gains as U.S. President Donald Trump paused military aid to Ukraine.

Europeans would need to ramp up military spending quickly, a notion that has set off a market rally, led by defense stocks.

European countries are ramping up defence spending, spurred by the war in Ukraine and uncertainty over continued US backing. After a decisive weekend meeting in London, several nations committed to

Shares in European defense firms soared as leaders pushed for higher military spending following Trump's refusal to offer US security guarantees for Ukraine.

Europe’s dark defence picture has a bright side. President Donald Trump’s hostility to erstwhile U.S. allies in Europe, exemplified by last Friday’s dressing down of Ukrainian President Volodymyr Zelenskiy at the White House,

The U.K.'s biggest defense company BAE Systems closed up 4.7% after U.K. Prime Minister Keir Starmer pledged to spend an additional £13.4 billion every year from 2027 on defense. Get top local stories in Southern California delivered to you every morning.