Shares in European aerospace and defence companies soared to record highs this week, elevating expectations for the continent’s military tech startups. Britain’s BAE Systems leapt by 9% on Monday, while Germany’s Rheinmetall jumped by 14%. Stocks in Sweden’s Saab, Italy’s Leonardo, and France’s Thales also boomed. By the day’s end, the Stoxx Europe aerospace and defence index had hit an all-time peak. Military tech firms have also been surging. Kate Leaman, chief market analyst at online broker AvaTrade, said these companies have “huge potential” for growth — particularly those with AI-driven solutions. “We’re already seeing a shake-up in the defence sector, with…
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