Leonardo SpA

• Global defense stocks surge after Trump calls for $1.5 trillion military budget in 2027 - U.S. defense stocks rallied in pre-market moves, following their European counterparts.
• Defense giants say investors should still bet on them, as hopes for a Russia-Ukraine peace deal spark a selloff - European defense stocks fell on Tuesday after U.S. President Donald Trump said negotiators were closer than ever to securing a peace deal for Ukraine.