Entering a New Era of Military Innovation in Europe
Cyber Security District
The #1 Cyber Security Career Platform in The Netherlands
Recently, European defence stocks have seen remarkable growth, driven by increased military investment as nations respond to geopolitical tensions, particularly due to the ongoing Ukraine conflict. This shift has prompted a significant boom in defence technology startups, which are benefiting from innovative advancements and strategic partnerships
The STOXX Europe Total Market Aerospace & Defence index soared to an all-time high, gaining 14% this year and a staggering 127% since the onset of the Russia-Ukraine conflict in 2022. This surge indicates a robust response from European nations as they seek to bolster their defence capabilities amid a backdrop of heightened insecurity.
Key companies in the sector, such as Rheinmetall, Thales, and Leonardo, have experienced substantial stock price increases, with Rheinmetall seeing a 9% rise this week alone. This trend underscores growing investor confidence in the sector's future potential.
Investment strategist Ross Mayfield notes that European defence stocks still have significant growth potential as the global landscape evolves. The increasing need for robust military capabilities is driving countries to invest more heavily in their security.
A crucial factor in this surge is the expected rise in defence spending across Europe. Ursula von der Leyen, head of the European Commission, plans to propose exempting defence investments from EU spending limits to facilitate increased military expenditure. This initiative aims to bolster local defence industries and advance technology development.
Alongside established defence firms, military tech startups are attracting significant investment, with the sector securing a record $5 billion in venture capital in 2024, a 24% increase from the previous year. Analysts highlight the potential for AI-driven solutions to outperform traditional defence companies, indicating a shift towards innovations that align with Europe’s strategic needs.
However, challenges remain, particularly regarding public perception and funding. Some European nations express hesitation about increasing military investments, which may hinder entrepreneurship in the defence sector.
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Start the new year with an exciting opportunity to advance your cybersecurity career!
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?? Earn a competitive salary
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Event with StudSec.nl
Last week, we had the privilege of engaging with the cybersecurity master's students at Vrije Universiteit Amsterdam (VU Amsterdam) during an insightful presentation hosted by the student association StudSec.nl
Breaking into the cybersecurity field can be daunting, especially with the increasing demand for skilled talent. During our session, we shared valuable insights into current market trends, what employers seek in candidates, and strategies for students to position themselves for success in this dynamic industry.
From crafting standout CVs to mastering interview techniques, we offered practical guidance aimed at equipping students with the tools they need to graduate ready to embark on their cybersecurity careers. ??
A heartfelt thank you to StudSec.nl for facilitating this collaboration!
3 Vacancies of the Week
?? Ethical Hacker/Penetration Tester
We’re hiring an Ethical Hacker for one of our clients based in Utrecht. You will be responsible for performing penetration tests, vulnerability scans and other technical security assessments. You work closely with customers and help them improve their digital resilience.
Role Requirements:
?? Cyber Security Analyst
We're looking for a Cyber Security Analyst for one of our clients in The Hague, where you will be responsible for monitoring and analysing IT security incidents and you play a crucial role in strengthening the digital resilience of the organisation. With your expertise, you will map risks and causes and support teams in finding effective solutions.
Role Requirements:
?? IT/OT Security Engineer
We're looking for an experienced IT/OT Security Engineer to join our client currently leading the mobility industry. You will become part of a specialised security team and work closely with engineers on challenging projects.
Role Requirements:
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