UK defense companies rise after UK-US trade deal comes into effect
ReutersJun 30, 2025 8:36 AM
Shares in UK's defence sub-Index .FTNMX502010 up 1.83% after US-UK trade deal goes into effect
10% tariff for aircraft engines and parts removed under new deal
Rolls Royce RR.L top gainer in the defence sub-index and broader FTSE 100, up nearly 3%
QinetiQ QQ.L climbs up 2.2%
Chemring CHG.L, Melrose Industries MRON.L, Avon Tech AVON.L rise over 1%
YTD, sub-index up 63.8%
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