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Fortune

Stuart Dyos

Meet the defense giants that will rearm Europe as the EU eyes a massive military buildup

European Union Europe Saab Rheinmetall Leonardo Fincantieri Thales Airbus BAE Systems Donald Trump

Eurofighter Typhoon heading to the Mihail Kogalniceanu Air Base in Constanta, Romania (Credit: Victor Fernandez—Europa Press/Getty Images)

The European Union will implement the ReArm Europe Plan and boost its defense spending by €800 billion. Fortune compiled some of the European defense contractors that might pick up European needs.

The European Union announced plans to increase its defense spending by €800 billion ($867 billion), European Commission President Ursula von der Leyen said this week, unveiling the ReArm Europe plan.

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