Tag: Defence funding
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Scotland secures £50m defence growth deal to boost skills and innovation
The UK government has today announced a £50 million defence growth deal for Scotland aimed at strengthening skills, innovation and industrial capacity across key sectors.
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British AI drone startup raises $2.1m in pre-seed
The autonomous drone technology round is led by space specialist Seraphim Space and backed by the UK government’s defence venture capital fund.
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BAE profits jump 12% amid record orders
The UK defence giant’s order backlog is now three times its annual revenue, surpassing the UK government’s entire defence budget.
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European defence stocks surge as Middle East conflict deepens
US strikes in Iran over the weekend and retaliatory attacks across the region has driven a huge surge in European defence stocks as national security is once again put into…
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EIB and state lenders mull defence infrastructure fund
Early discussions from group representing over €300 billion could lead to significant funding for Europe’s industrial revival.
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JPMorgan drops defence exclusions for swathe of European funds
The global asset manager follows peers by opening up lucrative defence stocks to over 130 of its European funds in a major shake-up of the firm’s ESG policies.
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UK launches £20m fund for homegrown defence unicorns
The dedicated fund for defence techs will fast-track small MOD contracts, in the hope that this will boost revenues and clout, overcoming the startup space’s ‘valley of death’.
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Netherlands unveils ‘freedom tax’ to fund defence modernisation
The levy on individuals and business aims to raise €5 billion, supporting wider efforts to meet NATO’s 3.5 per cent expenditure target.
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Czechoslovak Group raises €3.8 billion in Europe’s largest defence IPO
Investors pile in to Amsterdam-listed defence giant on its market debut, reflecting fervent appetite for defence assets amid sustained military spending growth.
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EU proposes €90bn Ukraine loan with majority earmarked for defence procurement
Bulk of funding would support weapons procurement, with loans raised through joint EU borrowing
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