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Rheinmetall revenue jumps 39% as Europe’s rearmament moves into production
The German giant reported €5 billion first-half sales and operating profit of almost €800 million, a 74% rise. Orders continued to rise with a mega…
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Renk orders jump 30%, reaching record, as the defence supplier expands into naval propulsion
Orders outpaced revenue growth for the German Leopard 2 tank supplier in the first half of the year, reaching a record €7.4 billion backlog, with…
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Safran defence electronics see strong demand as aerospace group raises guidance
The French aerospace group has revised its profit guidance to €6.5 billion, expecting mid-teen revenue growth. Its business wing including defence saw revenues rise 14%.
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Dassault Aviation profits skyrocket on Rafale exports
Defence accounted for 71% of the group's sales, reaching €4.2 billion and pushing profit to €330 million. New orders meanwhile fell from €8 billion to…
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Hensoldt doubles orders despite frigate setback
The German radar and sensors specialist reported first-half orders more than doubled, despite losing a €200 million contract in July.
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Leonardo orders jump 45% in new CEO’s first results
The Italian defence group reported a rise in revenue, profit and orders as listed defence companies continue to benefit from a strong first half of…
Markets
BAE Systems raises outlook with record £84bn defence backlog
Sales increased to almost £16 billion while profit rose to £1.7 billion in the latest results; investment in US facilities set to boost long-term production.