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

  • Posted on June 25, 2026
  • By CNBC
  • 1 Views
  • 1 min read
Defense stocks slide as Germany’s naval U-turn shakes confidence in Europe’s rearmament boom
Defense stocks slide as Germany’s naval U-turn shakes confidence in Europe’s rearmament boom

Rheinmetall and other European defense stocks fell for a second day, after Germany scrapped the F126 naval program, raising procurement concerns.
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Author
CNBC

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