Pretty sure massive amounts of German arms manufacturers went out of business after both WWI and WWII. If the country is utterly defeated, it doesn't bode well

Pretty sure massive amounts of German arms manufacturers went out of business after both WWI and WWII. If the country is utterly defeated, it doesn't bode well for shareholders if the company is dismantled as part of peace talks, or if the government backing its payments shrivels up into nothing.