Markets
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%.
Markets
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…
Markets
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.
Markets
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.
Markets
Airbus defence orders double as European rearmament drives demand
Defence orders rose to €9.3 billion in the first half of the year, the strongest growth across the group.
Funding
BAE Systems commits €50m to European defence tech VCs
The British defence group has committed €25 million each to Lakestar and Expeditions defence and technology funds. BAE hopes the initiative will also help it…
Funding
Lockheed Martin VC arm to invest $100m in European defence tech and establish London office
US defence giant has earmarked $100m for European defence tech investments from its $1bn venture capital fund, to be headed from a new London office.
Funding
Expeditions closes second defence-tech fund at €197m as EU, NATO and BAE invest
European defence technology investor Expeditions has closed its second fund at €197 million, more than doubling its original target as BAE Systems, the European Investment…