The promise of a "historic increase" in defense spending made on Monday by US President Donald Trump it puts the entire world sector in turmoil. In Piazza Affari he takes advantage of it Leonardo, which achieved the best performance of the Ftse Mib, gaining 1,79% to 13,08 euros in the first hour of trading. 1,2 million pieces changed hands compared to an average of 2,6 million in an entire session last month. At European level, the increases also involve Thales (+0,9%) and Airbus (+0,67%) in Paris, Rolls Royce (+1,82%) and Bae Systems (+2,51%) in London.
Trump, Equita analysts recall, "announced a 2018% annual increase in 10 military spending (equal to an increase of about $54 billion) aimed at increasing troops, ships and aircraft in service". The final plan will form part of the finance law which should be prepared by the end of March. "If confirmed - note the experts - it is reasonable to think that the main beneficiaries will be the big American defense players, but we believe some positive repercussions are also likely for DRS", Leonardo's US subsidiary, "which represents about 13% of turnover and 10% of the group's EBITDA”.
