Tags Defense sector

Tag: defense sector

Rheinmetall Cuts 2026 Sales Outlook After Frigate Program Cancellation

German defense contractor Rheinmetall has reduced its financial forecast for 2026 after the German government scrapped a...

Leonardo CEO Shake-Up: Italy Replaces Cingolani with Mariani Amid Defense Strategy Shift

In an unexpected decision, the Italian government has chosen to replace Leonardo CEO Roberto Cingolani, a move...

EU Considers Easing Sustainable Finance Rules to Boost Defense Industry Funding

The European Commission is considering relaxing certain rules within the bloc’s sustainable investment framework to enable defense...

Ukraine Bolsters Defense: Triples Weapons Production, Innovates Amid Russian Invasion

Last year, Ukraine significantly ramped up its weapons production, with the country's strategic industries minister in Kyiv...

Indian Navy’s Expansion: Integrating UAVs and Enhancing Fleet Capabilities

Admiral R Hari Kumar, the Chief of Naval Staff of the Indian Navy, has publicly expressed interest...

India in preliminary negotiations to acquire Russia’s latest anti aircraft system

Russian Deputy Prime Minister Yuri Borisov has hinted that New Delhi may become the first foreign country...

European stability requires strategic autonomy

The recent comments by German Defense Minister Annegret Karrenbauer on the recent 2020 U.S. Presidential elections has...

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Kallas Scraps EU Defense Advisory Group Amid Opposition

EU foreign policy chief Kaja Kallas has abandoned plans to establish a high-level advisory panel on European...

Sweden Approves $733M HIMARS Deal

Sweden has approved the acquisition of Lockheed Martin’s M142 High Mobility Artillery Rocket System (HIMARS) in a...

Trump Seeks Europe Repayment for Ukraine Military Aid

U.S. President Donald Trump said Thursday that he intends to seek reimbursement from European countries for military...

Global Defense Industry Booms as Spending Surges

The above image is for representational purposes only. The global defense industry reached another...