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Meet the defense giants that will rearm Europe as the EU eyes a massive military buildup

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As Europe prepares for a world without American military aid, the E.U. plans to invest €800 billion on defense.
The article from AOL Finance discusses the rearmament of Europe in response to heightened security threats, particularly from Russia's actions in Ukraine. It highlights the role of major defense companies like BAE Systems, Rheinmetall, and Thales in this escalation. BAE Systems, a British multinational, has seen a surge in demand for its military equipment, including artillery and air defense systems. Rheinmetall from Germany is focusing on increasing its production capacity for tanks and ammunition, aiming to meet the urgent needs of European nations. Thales, a French company, is also expanding its operations, particularly in air defense and electronic warfare, to support NATO countries. The article notes that these companies are not only benefiting from increased orders but are also pivotal in shaping Europe's defense strategy, with investments in new technologies and facilities to ensure rapid response capabilities. This rearmament drive is part of a broader European effort to bolster defense capabilities amidst ongoing geopolitical tensions.

Read the Full AOL Article at:
[ https://www.aol.com/finance/meet-defense-giants-rearm-europe-110900502.html ]