German machinery firms see defense revenue doubling by 2030 as Europe boosts spending

A VDMA survey finds 43% of German machinery companies active in security and defense expect revenue from those operations to at least double by 2030, reflecting Europe's rising defense budgets. The shift signals a structural growth opportunity for the sector, though the survey is based on company expectations rather than confirmed orders. This matters as it indicates a broadening of Europe's defense industrial base beyond traditional primes.

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