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SAAB AB B SK 25

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Commented by Stefan Feulner on October 27th, 2025 | 07:05 CET

Hensoldt, Volatus Aerospace, Saab – Promising opportunities in the second line of defense

  • Drones
  • aerospace
  • Defense
  • armaments

The defense industry is booming, and order books continue to fill up amid global rearmament. Nevertheless, established companies like Rheinmetall, RENK, and Hensoldt are already ambitiously valued, offering a limited risk-reward ratio. It is worth taking a look at the second tier, where more and more defense startups are coming to the fore and are likely poised to outperform the big players in the near future.

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