FT商学院

Defence spending is up — but on all the wrong things
国防开支增加了——但都花在了不该花的地方

The changing nature of military operations will affect both markets and politics
军事行动性质的变化将影响市场和政治格局。

Defence is the new tech when it comes to hot sectors. Or is it the other way round? That’s a question worth asking as defence stocks have rallied in recent weeks on everything from news of Donald Trump’s “Golden Dome” missile defence shield, to the new UK-EU security pact that would give UK defence companies access to Europe’s €150bn defence fund, to the broad understanding that US-China strategic competition is here to stay and Europe will be spending more on its own defence.

在热门领域中,国防正成为新的科技热点。或者说,科技才是新的国防?这是一个值得探讨的问题。最近几周,国防类股票因多重利好消息而上涨,包括唐纳德•特朗普(Donald Trump)提出的“金色穹顶”导弹防御盾、英国与欧盟签署的新安全协议,以及普遍认为美中战略竞争将长期持续、欧洲也将加大自身国防投入的共识。

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