ARMR.L is trading 3.05% down today amid a broad defense-sector selloff triggered by Democratic gains in Congress and heightened scrutiny of military spending.
- Investors are concerned that the shift in Congressional control will lead to tighter oversight of the administration’s proposed $1.5 trillion fiscal 2027 defense budget.
- Sector-specific pressure was intensified by Rheinmetall cutting its 2026 sales forecast for the second time in three months, causing its stock to plunge 16.3%.