5 European Defense Stocks to Buy Now

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In this article, we discuss the 5 European defense stocks to buy now. If you want to read about some more European defense stocks, go directly to 10 European Defense Stocks to Buy Now. 

5. HENSOLDT AG INH O.N. (XETRA:HAG.DE)

HENSOLDT AG INH O.N. (XETRA:HAG.DE) is a German firm that concentrates on the development and sale of sensor technologies for protection and surveillance missions. The demand for these technologies have increased in the wake of the Ukraine war. As the German government boosts defense spending to counter Russian aggression, HENSOLDT AG INH O.N. (XETRA:HAG.DE) could be one of the biggest beneficiaries. The firm has extensive expertise in the radar, optoelectronics and avionics sectors. 

In addition to serving the defense sector, HENSOLDT AG INH O.N. (XETRA:HAG.DE) also has stakes in non-military businesses that include marketing of electrical engineering systems, optronic products and software solutions. This helps the firm with revenues during lean periods when defense spending does not amount to much. The firm was founded in 2017 and employs more than 5,000 people. In 2020, it posted a revenue in excess of EUR 1.2 billion. The CEO of the company is Thomas Muller. 

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