Germany defence spending boom to create growth market for SMEs - HCOB
About €73 billion of Germany's planned €108 billion defence outlays for 2026 are expected to flow directly to small and medium-sized companies, a study from Hamburg Commercial Bank (HCOB) showed. The volume of spending benefiting companies will increase 36% to €72.6 billion in 2026, outpacing a 25% rise in the overall