Autonomy Capex Matrix
Strategic Presets
Defense & Aerospace
€120B / yr
Geopolitical re-militarization & European sovereign defense fund spend
Energy & Grid Infrastructure
€160B / yr
Renewable integration, grid modernization & electrification capex
Tech & Tech Sovereignty
€95B / yr
EU Chips Act, cloud localization & industrial automation tech
Capital Goods & Supply Chain
€140B / yr
Nearshoring, advanced machinery & industrial reshoring capex
MSIM Thesis Insight: Europe's multi-year fiscal push toward strategic autonomy is decoupled from short-term global macro softness, creating structural earnings tailwinds for infrastructure champions.
Dynamic Sensitivity & Flow Analytics
| Sector / Autonomy Pillar | Base EPS Multiplier | Implied Operating Margin | Forward P/E Re-Rating | MS Conviction |
|---|