Defense stocks slide again, as Germany’s naval U-turn shakes confidence in Europe’s rearmament boom

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Source: CNBC
Published: 2026-06-25 19:09 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Europe, Military & Defence, War & Conflict
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Snippet:
European defence shares extended losses on Thursday, as investors continued to reassess betting on Europe's rearmament boom after Germany scrapped a flagship naval programme.
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