Europe is significantly increasing defence spending due to exclusion from US-Russia peace talks, potentially adding $370 billion in investment. The NATO summit aims for 3.5% of GDP on defense, signaling a decade of hard power investment. Commercial aerospace faces macroeconomic challenges like tariffs, but demand and supply chain performance are generally positive, indicating a healthy outlook.
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Europe doubling down on defence spending after being snubbed during US-Russia talks: Benjamin Heelan
