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Insecurity is cash cow for Europe’s defense firms

Concerns about Trump, terrorism and tensions with Russia are driving EU defense spending.

Ukrainian servicemen fire with howitzer during a military exercise near eastern the Ukrainian city of Mariupol on September 22, 2015. NATO's General Secretary Jens Stoltenberg on September 21 started a two-day visit to Ukraine, his first trip to the crisis-hit nation, in a show of support for Ukraine's pro-Western government. Ex-Soviet Ukraine says it wants to join the US-led security bloc but NATO has been lukewarm on the proposal. AFP PHOTO / SERGEY VOLSKIY (Photo credit should read SERGEY VOLSKIY/AFP/Getty Images)After a decade of slashing defense budgets, European leaders are about to start investing significantly more in arms, citing “a challenging geopolitical environment.”

A resurgent Russia…

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