Themes Transatlantic Defense ETF

36.77

+0.31000.85%

Post-market: 36.770.00000.00%19:09 EDT

Volume:27.39K

Turnover:1.00M

Market Cap:50.74M

PE:- -

High:36.81

Open:36.51

Low:36.26

Close:36.46

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After new commitments from Europe, the president feels better about NATO, which is a positive for the defense sector.Things are changing, though. In late June, NATO countries committed to spending roughly 3.5% annually on core defense technologies, which implies more than a doubling of total spending for European nations.Lockheed's potential F-35 slowdown aside, the issue for U.S. defense contractors appears to be more sentiment than spending. 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