$380 billion in weapons, from artillery shells to Nlaw anti-tank missiles

The Ukrainian president’s cry of alarm Volodymyr Zelensky is rising higher and higher: to his country, to repel the Russia, more weapons are needed. And with Congress USA which is holding back the new package promised by White House, the European powers immediately end up in the spotlight. Where what is missing is not the will to help Kiev, but rather the ability to further push war production at an industrial level. On the other hand theEurope had not faced such a long land battle on its territory since the Second World War. And the goal set by Born to allocate 2% of the total to defense GDP national until 2014 – the year in which Putin he took it Crimea – had only been joined by three members of thealliance. Last year – in the midst of the conflict – there were 11, ten of them in Old World. At the end of 2024 there should be 18 out of 28. Suffice it to say that according to the calculations ofEconomist, in 2022 the spending of the European members of NATO did not exceed that of 1990; this year it will reach $380 billion, the same budget as Russia.

Letta and European Defence: «We depend on foreign countries»

The key companies

The seven main companies in the sector – including the Italian one Leonardo – they already have new orders worth over 300 billion euros. The lion’s share is German Rheinmetallwhose actions in Bag they saw their value quadruple in 2022. The company – which benefited from an investment of 100 billion euros by the German Chancellery in June 2022 – produces 155 millimeter artillery shells. Exactly what Zelensky he needs. According to expert estimates, by 2026 the German group will be able to produce 700 thousand shots per year. Before Putin’s invasion it stopped at 70 thousand.

In second place is the Swede Saab which owes the boom on the market to anti-tank missiles Nlaw. Kiev received them immediately: in the first month of the war almost five thousand arrived from United Kingdom, Sweden and even from Luxembourg. Thanks to these handy and lethal systems, the Ukrainian Defense announced that it had destroyed 335 Russian tanks and over a thousand armored vehicles in that period of time. Fundamental for theUkraine and for the fate of the company which saw its shares soar by 240%. Not only for Nlaw but also for hunting Gripen and for the sophisticated radar systems, in turn used on Ukrainian soil.

Leonardo completes the podium, whose shares recorded a 198% increase in price. According to the analysis of Financial Times the increase in orders received from Mbdathe main European missile manufacturer controlled by the Italian company together with Airbus And Bae Systems. In 2023 alone, Mbda signed contracts worth 7 billion euros with Poland, Germany And France.

British Bae Systems is also among the other companies that have seen profits jump upwards, as has the French Nexterwhich produces the long-range howitzer Caesar, which in turn was decisive for the defense of the Ukrainians’ territory. Good performances also for the group Nammoowned by the governments of Finland And Norway. And for the British Chmring and the French Eurencoamong the main suppliers of explosives and propellants.

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