Help wanted: Europe's defence companies scramble for workers as business booms
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 27 2025
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Source: Reuters
Defence Industry Recruitment Challenges: European defence companies are struggling to find skilled workers, despite increased government spending on military capabilities. Companies like PBS Group and KNDS are raising wages and creating training programs to attract talent, but shortages in specialized skills such as AI engineering and mechanics persist.
Impact of Increased Defence Spending: The EU's push for greater defence procurement within Europe could require up to 760,000 new skilled workers, exacerbating existing personnel shortages. As the industry competes for talent, it faces challenges from other sectors, particularly the automotive industry, which is experiencing its own struggles.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
