Rheinmetall Shares Gain 1.7% Following NATO Drone Incident, Highlighting €3.1 Billion Air-Defense Orders

Shares in Rheinmetall AG gained 1.7% on Monday after a NATO fighter from Spain shot down a drone over Romanian territory. Meanwhile, Sweden’s Saab AB slipped 0.4%. The contrasting performance indicates investors responded to a targeted air-defense scenario rather than to a general surge in the defence sector.

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