Bernstein predicts that regardless of the outcome of the Russian-Ukrainian cease-fire negotiations, European defense spending will continue, and the governments of major countries such as Germany, France, and the United Kingdom all emphasized the need to rearm. The brokerage firm predicts that by 2030, the military budget of NATO's European member states will rise from the current 2.3% to 2.8% of GDP. The German company Rheinmetall remains its preferred target. With over 50% of the local market share in Germany, the company is expected to seize most market opportunities.

Bernstein predicts that regardless of the outcome of the Russian-Ukrainian cease-fire negotiations, European defense spending will continue, and the governments of major countries such as Germany, France, and the United Kingdom all emphasized the need to rearm. The brokerage firm predicts that by 2030, the military budget of NATO's European member states will rise from the current 2.3% to 2.8% of GDP. The German company Rheinmetall remains its preferred target. With over 50% of the local market share in Germany, the company is expected to seize most market opportunities.