Hensoldt AG Ordinary Shares

HAG: XETR (DEU)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	LOCK\|N#	LOCK\|W?$	LOCK\|t<M<Fr$

Hensholdt: Frigate and Jet Cancellations Increase Risk but Long-Term Thesis Holds; Cut FVE 9%

Loredana Muharremi

Jul 2, 2026

Hensholdt shares have fallen around 15% since Germany cancelled the F126 frigate program, despite the company retaining exposure to several of Germany's highest-priority modernization programs.

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Hensoldt AG Ordinary Shares

Hensholdt: Frigate and Jet Cancellations Increase Risk but Long-Term Thesis Holds; Cut FVE 9%

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