{"id":206571,"date":"2025-07-28T09:51:09","date_gmt":"2025-07-28T09:51:09","guid":{"rendered":"https:\/\/ibkrcampus.eu\/campus\/?p=206571"},"modified":"2025-07-31T14:23:35","modified_gmt":"2025-07-31T14:23:35","slug":"from-gripens-to-goshawks-the-drone-driven-reinvention-of-european-defence","status":"publish","type":"post","link":"https:\/\/www.interactivebrokers.eu\/campus\/traders-insight\/from-gripens-to-goshawks-the-drone-driven-reinvention-of-european-defence\/","title":{"rendered":"From Gripens to Goshawks: The drone-driven reinvention of European defence"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Originally posted, 23 July 2025 &#8211; <a href=\"https:\/\/www.wisdomtree.eu\/fr-lu\/blog\/2025-07-23\/from-gripens-to-goshawks-the-drone-driven-reinvention-of-european-defence\">From Gripens to Goshawks: The drone-driven reinvention of European defence<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-key-takeaways\">Key Takeaways<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Drone tech meets geopolitics: Unmanned aerial vehicles (UAVs) have moved to the forefront of Europe\u2019s defence agenda, with European nations seeking indigenous drone capabilities.<\/li>\n\n\n\n<li>Saab\u2019s autonomy advantage: Sweden\u2019s Saab AB \u2013 now in NATO\u2019s fold \u2013 is leveraging its tech heritage to pioneer autonomous drone systems. From software that controls 100-drone swarms to development of a \u201cloyal wingman\u201d unmanned combat aircraft.<\/li>\n\n\n\n<li>Leonardo\u2019s expanding arsenal: Italy\u2019s Leonardo S.p.A. is taking a broad approach \u2013 building new UAV platforms and partnering 50\/50 with Turkey\u2019s Baykar to create a Europe-based drone powerhouse, LBA Systems.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\" id=\"drone-geopolitics\">&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Drones and deterrence<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Drones have proven their worth from Ukraine to the Middle East, where coordinated UAV swarms have emerged. Small, intelligent flying machines can spot targets, overwhelm defences, and link seamlessly with ground and air units \u2013 capabilities once confined to superpower arsenals. For Europe, which watched improvised drone tactics halt armour advances in Ukraine, investing in indigenous Unmanned Aerial Vehicles (UAV) technology is not optional; it\u2019s imperative and comparatively cheap. Against this backdrop, two companies \u2013 Saab and Leonardo&nbsp;\u2013 stand out as champions of Europe\u2019s drone evolution, each in their own style.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\" id=\"saab-autonomy\">&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Saab swarming ahead<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Saab AB has long been synonymous with Swedish high-tech defence \u2013 from Gripen fighter jets to sophisticated radars. Now it\u2019s bringing that pedigree to unmanned systems. Rather than churn out large numbers of small drones, Saab\u2019s approach is to make drones smarter, more autonomous, and better integrated. A recent milestone underscores this: in early 2025, the Swedish Armed Forces unveiled a Saab-developed drone swarm program enabling one operator to control up to 100 UAVs simultaneously. In trials scheduled during Arctic exercises, these swarms are expected to autonomously adapt to missions ranging from reconnaissance to payload delivery in complex environments.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Figure 1: Saab&#8217;s R&amp;D surge: Investing in next-gen defence capabilities<\/strong><img decoding=\"async\" alt=\"\" data-src=\"https:\/\/www.wisdomtree.eu\/-\/media\/eu-media-files\/blog\/content\/2025\/07---july\/accele.png?sc_lang=fr-lu&amp;hash=E5E9510F633F945C7F114A7FDE8AD79B\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\"><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"773\" height=\"447\" data-src=\"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/07\/accele.jpg\" alt=\"Saab's R&amp;D surge: Investing in next-gen defence capabilities\" class=\"wp-image-206572 lazyload\" data-srcset=\"https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/07\/accele.jpg 773w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/07\/accele-700x405.jpg 700w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/07\/accele-300x173.jpg 300w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/07\/accele-768x444.jpg 768w\" data-sizes=\"(max-width: 773px) 100vw, 773px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 773px; aspect-ratio: 773\/447;\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Source: Saab Capital Markets Presentation as of 28 May 2025. <strong>Forecasts are not an indicator of future performance and any investments are subject to risks and uncertainties.<\/strong> <\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Saab\u2019s leadership openly emphasises this autonomy-first ethos. \u201cIt\u2019s a lot about the autonomy,\u201d CEO Micael Johansson noted at Saab\u2019s Capital Markets Day, explaining that Saab is platform-agnostic about drone airframes \u2013 the real value is in the AI-driven command and control. Indeed, Saab is already working on a \u201ccollaborative combat aircraft\u201d \u2013 effectively a loyal wingman drone to fly alongside piloted fighters. And for the smaller UAVs, Saab\u2019s focus is on the brains: in demonstrations, young conscripts with a tablet can simply draw a patrol route and a drone swarm will execute it, self-organising and re-routing if some drones are lost. This high level of autonomy means minimal training and manpower are needed to deploy advanced drones \u2013 a key advantage for European militaries facing personnel constraints.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\" id=\"leonardo-arsenal\">&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Leonardo: Forging the future with partnerships and firepower<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In the sunny Italian skies, Leonardo S.p.A. is taking a more expansive route to drone dominance, leveraging its broad product portfolio and pan-European ties. As one of Europe\u2019s largest aerospace and defence firms, Leonardo has its hands in everything from helicopters to cyber security. When it comes to UAVs, that means both developing drones in-house and teaming up with partners to fill capability gaps quickly. This twin-track strategy is evident in two major moves: Leonardo\u2019s new Falco Astore armed drone launch, and a landmark joint venture with Turkey\u2019s famed drone maker Baykar.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">First, the home-grown effort. The Astore (Italian for \u201cgoshawk\u201d) is Leonardo\u2019s latest medium-altitude long-endurance (MALE) UAV \u2013 essentially a beefed-up, weaponised iteration of its earlier Falco EVO. With a 650 kg maximum take-off weight, 16-hour endurance, and newly added underwing pylons, the Astore can carry around 70 kg of cargo. The Astore gives Italy a measure of self-reliance in unmanned strike capability. It shows how European states are looking to their domestic industry to increase readiness now, rather than waiting years for pan-European projects. It\u2019s a gentle reminder that Europe\u2019s quest for strategic autonomy extends to having home-grown \u201ceyes in the sky\u201d. Leonardo\u2019s Falco line, which started as unarmed surveillance drones, has now evolved into a combat UAS \u2013 a narrative of adaptation that mirrors Europe\u2019s shift from peacekeeping posture to defence.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Figure 2: Leonardo\u2013Baykar joint venture to advance European UAV capabilities<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"867\" height=\"487\" data-src=\"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/07\/baykar.jpg\" alt=\"Leonardo\u2013Baykar joint venture to advance European UAV capabilities\" class=\"wp-image-206573 lazyload\" data-srcset=\"https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/07\/baykar.jpg 867w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/07\/baykar-700x393.jpg 700w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/07\/baykar-300x169.jpg 300w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/07\/baykar-768x431.jpg 768w\" data-sizes=\"(max-width: 867px) 100vw, 867px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 867px; aspect-ratio: 867\/487;\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Source: Leonardo SpA Industrial Plan Update. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Leonardo\u2019s unprecedented 50:50 joint venture for unmanned systems, named LBA Systems and based in Italy, aims to be a \u201ckey player in unmanned technologies\u201d by combining forces: Baykar brings its world-class drone platforms (like the battle-proven TB2 and the jet-powered K\u0131z\u0131lelma) while Leonardo contributes its expertise in sensors, electronics, and system integration. The logic is compelling. Europe\u2019s militaries have an insatiable demand for capable drones \u2013 a market valued at over $100 billion in the next decade \u2013 and Baykar\u2019s combat-tested UAVs are among the best. By partnering, Leonardo essentially shortcuts the R&amp;D cycle, gaining access to a portfolio covering \u201call relevant UAS segments\u201d from tactical mini drones to high-end combat drones. In return, Baykar gets a production foothold in the EU and the benefit of Leonardo\u2019s integration and certification know-how (crucial for selling to Western militaries).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>A new era of European defence: Narrative and numbers alike<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It is often said that necessity breeds innovation. Europe\u2019s present necessity \u2013 to bolster its defence amid war on its doorstep \u2013 is breeding a new wave of drone innovation, with Saab and Leonardo at the vanguard. These two firms offer a fascinating contrast in a complementary approach. Saab, hailing from a non-aligned-now-NATO nation of modest size, plays to its strengths by making systems smarter rather than larger. Its narrative is one of qualitative edge: a swarm that can re-route itself, a drone that can think like a pilot\u2019s teammate, a network of sensors that can confound a much bigger foe. Leonardo, by contrast, comes from one of Europe\u2019s big defence spenders and embraces a scale and scope strategy: covering every market segment through a mix of indigenous development and strategic partnerships, ensuring that Europe has ready access to the full spectrum of unmanned tech.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">From a geopolitical perspective, these advancements feed into Europe\u2019s broader strategic autonomy. Drones are eyes and ears, but they are also increasingly shields and spears. A Europe equipped with its own high-end drones can better monitor its borders, deter aggression, and operate independently when needed.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A few years ago, European defence firms were often seen as stodgy value plays reliant on slow procurement cycles. That is no longer the narrative. Now, it is one of urgency, growth, and technological leapfrogging. Drones are a critical part of the story of European defence. In a world of growing complexity, Europe\u2019s defence industry is not just responding to change, helping drive it, one drone at a time.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Closing the gap<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Investors have become nervous amidst the recent strong run of European defence stocks but it\u2019s worth noting they still trail their US counterparts, a trend that has persisted since 1999. Historical performance shows plenty of room for European defence stocks to catch up to their US counterparts.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Figure 3: Historical performance US versus Europe aerospace &amp; defence indices<\/strong> <img decoding=\"async\" data-src=\"https:\/\/www.wisdomtree.eu\/-\/media\/eu-media-files\/blog\/content\/2025\/07---july\/gap.png?sc_lang=fr-lu&amp;hash=03B122A04E66E062455F60B946429A4B\" alt=\"\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\"><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1100\" height=\"379\" data-src=\"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/07\/gap-1100x379.jpg\" alt=\"Historical performance US versus Europe aerospace &amp; defence indices, line chart\" class=\"wp-image-206575 lazyload\" data-srcset=\"https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/07\/gap-1100x379.jpg 1100w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/07\/gap-700x241.jpg 700w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/07\/gap-300x103.jpg 300w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/07\/gap-768x265.jpg 768w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/07\/gap-1536x529.jpg 1536w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/07\/gap-2048x705.jpg 2048w\" data-sizes=\"(max-width: 1100px) 100vw, 1100px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1100px; aspect-ratio: 1100\/379;\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"> Source: Bloomberg, WisdomTree from 4 January 1999 to 10 July 2025. <strong>Historical performance is not an indication of future performance and any investments may go down in value.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">While European defence firms have seen record-high order books, multi-year government spending commitments, and growing market share, their valuation multiples remain lower than those in the US. Compared to US aerospace and defence stocks, which trade at higher historical price to earnings (P\/E) ratios (at 58.2x), European aerospace and defence stocks (at 46.6x) still trade at lower price-to-earnings multiples and offer comparatively higher-quality metrics such as Return on Equity and Return on Assets, as illustrated below.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Figure 4: Comparison of fundamentals<\/strong> <img decoding=\"async\" alt=\"\" data-src=\"https:\/\/www.wisdomtree.eu\/-\/media\/eu-media-files\/blog\/content\/2025\/07---july\/fundamentals.png?sc_lang=fr-lu&amp;hash=7AA9E4F7A48BCE983CC29FF3B9281772\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\"><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1100\" height=\"479\" data-src=\"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/07\/fundamentals-1100x479.jpg\" alt=\"Comparison of fundamentals, Return on Equity, Return on assets, foward long term growth, Price to earnings ration, Price to book and Foward Dividend yield, Bar chart.\" class=\"wp-image-206574 lazyload\" data-srcset=\"https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/07\/fundamentals-1100x479.jpg 1100w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/07\/fundamentals-700x305.jpg 700w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/07\/fundamentals-300x131.jpg 300w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/07\/fundamentals-768x334.jpg 768w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/07\/fundamentals-1536x669.jpg 1536w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/07\/fundamentals-2048x892.jpg 2048w\" data-sizes=\"(max-width: 1100px) 100vw, 1100px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1100px; aspect-ratio: 1100\/479;\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Source: Bloomberg, WisdomTree as of 10 July 2025. <strong>Historical performance is not an indication of future performance and any investments may go down in value<\/strong> <\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-conclusion\"><strong>Conclusion<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">A few years ago, European defence firms were often seen as stodgy value plays, reliant on slow procurement cycles. That is no longer the narrative. Now it is one of urgency, growth, and technological leapfrogging. Drones are a critical part of the story of European defence. In a world of growing complexity, Europe\u2019s defence industry is not just responding to change \u2013 it\u2019s helping drive it, one drone at a time.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Drones have proven their worth from Ukraine to the Middle East, where coordinated UAV swarms have emerged. Small, intelligent flying machines can spot targets, overwhelm defences, and link seamlessly with ground and air units \u2013 capabilities once confined to superpower arsenals. For Europe, which watched improvised drone tactics halt armour advances in Ukraine, investing in indigenous Unmanned Aerial Vehicles (UAV) technology is not optional; it\u2019s imperative and comparatively cheap. Against this backdrop, two companies \u2013 Saab and Leonardo \u2013 stand out as champions of Europe\u2019s drone evolution, each in their own style.<\/p>\n","protected":false},"author":1242,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":true,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[152,146,8,12,148,7],"tags":[3085],"contributors-categories":[529],"class_list":["post-206571","post","type-post","status-publish","format-standard","category-europe-middle-east-africa","category-macro","category-region","category-securities","category-text-articles","category-traders-insight","tag-defence","contributors-categories-wisdomtree-europe"],"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v28.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>From Gripens to Goshawks: The drone-driven reinvention of European defence<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.interactivebrokers.eu\/campus\/wp-json\/wp\/v2\/posts\/206571\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"From Gripens to Goshawks: The drone-driven reinvention of European defence\" \/>\n<meta property=\"og:description\" content=\"Drones have proven their worth from Ukraine to the Middle East, where coordinated UAV swarms have emerged. Small, intelligent flying machines can spot targets, overwhelm defences, and link seamlessly with ground and air units \u2013 capabilities once confined to superpower arsenals. For Europe, which watched improvised drone tactics halt armour advances in Ukraine, investing in indigenous Unmanned Aerial Vehicles (UAV) technology is not optional; it\u2019s imperative and comparatively cheap. Against this backdrop, two companies \u2013 Saab and Leonardo \u2013 stand out as champions of Europe\u2019s drone evolution, each in their own style.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.interactivebrokers.eu\/campus\/traders-insight\/from-gripens-to-goshawks-the-drone-driven-reinvention-of-european-defence\/\" \/>\n<meta property=\"og:site_name\" content=\"IBKR Campus EU\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-28T09:51:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-07-31T14:23:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.wisdomtree.eu\/-\/media\/eu-media-files\/blog\/content\/2025\/07---july\/accele.png?sc_lang=fr-lu&amp;hash=E5E9510F633F945C7F114A7FDE8AD79B\" \/>\n<meta name=\"author\" content=\"Julian Amorim\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Julian Amorim\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\n\t    \"@context\": \"https:\\\/\\\/schema.org\",\n\t    \"@graph\": [\n\t        {\n\t            \"@type\": \"Article\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/from-gripens-to-goshawks-the-drone-driven-reinvention-of-european-defence\\\/#article\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/from-gripens-to-goshawks-the-drone-driven-reinvention-of-european-defence\\\/\"\n\t            },\n\t            \"author\": {\n\t                \"name\": \"Julian Amorim\",\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#\\\/schema\\\/person\\\/33613f54e9fc9f811b0e641082175d43\"\n\t            },\n\t            \"headline\": \"From Gripens to 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