Germany's defense industry sees surge as manufacturers pivot to military production.

Germany's defense industry is experiencing a surge in growth as manufacturers scramble to capitalize on Berlin's pledge to spend $500 billion on defense over the next decade. Railcar factories are being retooled to build military vehicles, auto suppliers are partnering with defense contractors, and former soldiers are in high demand. The move is seen as a way for manufacturers to boost growth and counter economic stagnation and falling exports to the U.S. and China.