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The Nexus
BUSINESSAug 21 · 05:15 UTCBLOOMBERGJonas Ekblom and Isolde MacDonogh

Making Tech for the Battlefield Fuels 80% Rally in Swedish Stock

A small Swedish firm has become Europe’s best-performing defense stock in 2026. The chief executive attributed this strong ascent to a “third wave” of military spending. This new military focus emphasizes computer systems and drones rather than traditional equipment like tanks or ammunition.

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Swedish firmorganizationSwedenplaceEuropeplacechief executivetopicdefense stocktopiccomputer systemstopicdronestopic
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