Keywords: Defence industry
French defence and technology group Thales has taken another step toward expanding its presence in the rapidly growing unmanned defence sector by signing a tender offer agreement with Exail Technologies, formalizing the framework for its planned acquisition of the drone specialist. The agreement advances......
Singapore's state-owned investment company Temasek is preparing to expand its presence in the European defence sector as governments across the continent accelerate military spending in response to evolving security challenges. The strategic shift reflects changing investment priorities driven by......
Germany is preparing to take direct financial stakes in defence startups as part of a new strategy aimed at strengthening its military technology sector and accelerating innovation in security-related industries. The German government announced on Wednesday the creation of an investment fund that will......
British defence giant BAE Systems has unveiled a new unmanned fighter aircraft concept named Brontanax, marking the United Kingdom's latest move into the rapidly expanding market for autonomous combat aviation. The company presented a model of the aircraft at the Farnborough Airshow, showcasing......
German naval shipbuilder Thyssenkrupp Marine Systems (TKMS) has ended its interest in acquiring smaller rival German Naval Yards Kiel (GNYK), leaving defence company Rheinmetall as the only remaining bidder currently seeking to purchase the shipyard. The decision comes as European defence companies......
European missile manufacturer MBDA has appointed Jean-Brice Dumont as its next chief executive officer, marking a significant leadership transition as the company accelerates production to meet rising defence demand across Europe. The company announced that Dumont, currently Head of Military Aircraft......
French President Emmanuel Macron has called on European nations to strengthen defence cooperation, arguing that separate national military strategies would undermine the continent’s ability to respond effectively to growing security challenges. Speaking during his traditional address to the French......
The German state of Lower Saxony is considering acquiring a stake in Volkswagen AG's Osnabrück manufacturing plant as part of efforts to support its transition from automotive production to defence manufacturing, according to a report by Capital magazine. If implemented, the move could become......
Turkey said it expects rapid progress toward the removal of remaining US sanctions and the revival of its ambition to acquire F-35 fighter jets, as Ankara seeks to strengthen defence cooperation with Washington following renewed diplomatic engagement between the two NATO allies. Turkish Foreign Minister......
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