BAE Systems share price jumps 6% as Trump floats $1.5 trillion defence budget and lifts Europe arms stocksLondon,
January 8, 2026, 08:48 GMT Shares in Britain’s BAE Systems jumped on Thursday as European arms makers hit a fresh record after U.S. President Donald Trump called for higher U.S. defence spending and put a $1.5 trillion figure on next year’s military budget. Europe’s aerospace and defence index was up about 2% by 0816 GMT, with Chemring, Leonardo and Rheinmetall also higher. https://www.reuters.com/business/aerospace-defense/defence-stocks-europe-all-time-high-after-trump-calls-higher-us-defence-budget-2026-01-08/ The move matters now because defence stocks have started trading like a live feed of geopolitics and budget politics. Defence stocks in London rose 1.7% on Wednesday even as the FTSE 100 fell 0.7%, after U.S. strikes