---
title: "European defense stocks soar, UK aerospace systems stock hits record high"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/277445906.md"
description: "European defense stocks surged due to increased market expectations for security spending amid the Middle East conflict, with BAE Systems' stock price hitting a record high, rising by 8.3% at its peak. The Goldman Sachs defense stock basket index rose by 5.9%, with a year-to-date cumulative increase of about 23%. Other companies such as Dassault Aviation, Thales, Rheinmetall, Hensoldt, Leonardo, Saab, and Kongsberg also saw significant increases"
datetime: "2026-03-02T10:25:26.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/277445906.md)
  - [en](https://longbridge.com/en/news/277445906.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/277445906.md)
generator: "portal-rs"
---

# European defense stocks soar, UK aerospace systems stock hits record high

European defense stocks surged, with shares of companies like BAE Systems reaching record highs, as the Middle East conflict heightened market expectations for increased security spending. The Goldman Sachs defense stock basket index rose by as much as 5.9%, marking the largest increase since early January, bringing the year-to-date cumulative gain to approximately 23%. BAE Systems' stock price rose by as much as 8.3%, reaching a record high; Dassault Aviation increased by 4.3%, Thales by 6.2%, Rheinmetall by 6%, Hensoldt by 8.9%, Leonardo by 6.5%, Saab by 8.7%, and Kongsberg by 6.6%

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**