--- title: "Defence companies fall in Europe on Trump-Putin meeting plans" description: "Shares in European arms manufacturers fell on Friday following news of a planned summit between U.S. President Donald Trump and Russian President Vladimir Putin, impacting year-to-date gains. The aero" type: "news" locale: "en" url: "https://longbridge.com/en/news/261567820.md" published_at: "2025-10-17T07:27:18.000Z" --- # Defence companies fall in Europe on Trump-Putin meeting plans > Shares in European arms manufacturers fell on Friday following news of a planned summit between U.S. President Donald Trump and Russian President Vladimir Putin, impacting year-to-date gains. The aerospace and defense index (.SXPARO) dropped approximately 3%, despite a 64% increase up to Thursday's close. German firms Rheinmetall, Renk, and Hensoldt saw declines of 3% to 6%, while BAE Systems, Babcock, and Chemring Group fell by 3-4%. Italy's Leonardo, France's Thales, and Sweden's SAAB experienced declines between 3% and 3.5%. \*\* Shares in European arms makers fall on Friday, with news of a planned next summit between U.S President Donald Trump and with Russian President Vladimir Putin tampering YTD gains \*\* An index of aerospace and defence companies (.SXPARO) is down around 3%, after notching up 64% gains up to Thursday's close \*\* German defence companies Rheinmetall , Renk and Hensoldt are down between 3% and 6% \*\* BAE Systems , Babcock , Chemring Group are down 3-4% \*\* Italy's Leondardo , France's Thales , Sweden's SAAB slide between 3% and 3.5% ### Related Stocks - [BA.UK - BAE Systems plc](https://longbridge.com/en/quote/BA.UK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | BAE Systems lifts dividend against "heightened" defence backdrop | BAE Systems PLC reported a rise in annual profit to GBP2.57 billion for 2025, with revenue increasing to GBP28.34 billio | [Link](https://longbridge.com/en/news/276211170.md) | | BAE Systems rides defence wave to dividend boost and record results | BAE Systems reports a 10% rise in sales to £30.7bn and a 12% increase in underlying profit to £3.3bn, benefiting from in | [Link](https://longbridge.com/en/news/276209162.md) | | Trump: Don't think it will be necessary to send soldiers to fight | Trump: Don't think it will be necessary to send soldiers to fight | [Link](https://longbridge.com/en/news/276350770.md) | | Trump: Prime Minister Starmer is losing control of Diego Garcia | Trump: Prime Minister Starmer is losing control of Diego Garcia | [Link](https://longbridge.com/en/news/276262781.md) | | Trump: Will find out about Iran in about 10 days | Trump: Will find out about Iran in about 10 days | [Link](https://longbridge.com/en/news/276349950.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.