Defense Valuations Yet to Peak as Orders Surge, BNP Banker Says

🌐 Bloomberg (EU) —

AI Summary

The European defense sector is expected to see rising valuations as government commitments to increase military spending result in an uptick in orders, according to a BNP Paribas banker. This signals potential growth in defense-related markets.

European defense sector valuations still have plenty of upside, with government pledges to boost military spending now translating into orders, according to a top banker at BNP Paribas SA.

Security Politics Markets defense sector Europe military spending valuation BNP Paribas government orders

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