The expectation of impending higher arms spending was one of the factors that led to the European aerospace and defense sector stock index to rise.

The stocks of European defense companies soared Monday as investors anticipate massive increases in military spending by governments in the region amid its growing rift with the United States.

For some investors, that’s a call to load up on defense stocks.Security-related shares have been on a tear this year, with Germany’s Rheinmetall AG ranking as the best-performer in the MSCI World Index as money managers anticipate a jump in military spending.