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| Share prices of NATO weapons makers surge | Share prices of NATO weapons makers surge |
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| Major Western arms manufacturers involved in military supplies to Ukraine earned $124 billion last year, a report finds | Major Western arms manufacturers involved in military supplies to Ukraine earned $124 billion last year, a report finds |
| The largest military and defense corporations of NATO member states have seen a 21.5% boost in market value in 2022 amid the military operation in Ukraine and rearmament in Western Europe, Moscow daily Vedomosti reported on Wednesday. | |
| The newspaper was citing data from Defense News and Tradingview analytics. | |
| The corporations' combined market capitalization increased from $579 billion in December 2021 to $703 billion in December 2022, according to the estimates. | |
| The ranking included 25 companies with a capitalization of over $1 billion which are traded on the stock market and have military products dominating in their revenues, and are also actively involved in arms supplies to Ukraine. | The ranking included 25 companies with a capitalization of over $1 billion which are traded on the stock market and have military products dominating in their revenues, and are also actively involved in arms supplies to Ukraine. |
| Authors of the report name German arms manufacturer Rheinmetall as the top gainer over the last 12 months, with a 122% surge in share price. French drone and missile producer Thales saw its market value rise 54%. American defense contractor Northrop Grumman was up 44%, while stock in HIMARS rocket launchers maker Lockheed Martin gained 42%. | Authors of the report name German arms manufacturer Rheinmetall as the top gainer over the last 12 months, with a 122% surge in share price. French drone and missile producer Thales saw its market value rise 54%. American defense contractor Northrop Grumman was up 44%, while stock in HIMARS rocket launchers maker Lockheed Martin gained 42%. |
| Other notable mentions in the report include BAE Systems (+40%), Kongsberg Gruppen (+37%), General Dynamics (+24%), and Raytheon Technologies (+19%). | Other notable mentions in the report include BAE Systems (+40%), Kongsberg Gruppen (+37%), General Dynamics (+24%), and Raytheon Technologies (+19%). |
| The report pointed out that the value of NATO’s military giants was soaring while the overall Western corporate sector sank by 16% last year, according to the S&P 1200 index, suggesting that arms manufacturers were likely the main beneficiaries of the political crisis in Europe. | The report pointed out that the value of NATO’s military giants was soaring while the overall Western corporate sector sank by 16% last year, according to the S&P 1200 index, suggesting that arms manufacturers were likely the main beneficiaries of the political crisis in Europe. |
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